Tag: Stablecoin
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Morgan Stanley Recently Revealed That the US Could Regulate Stablecoin Issuers Just Like Banks
Stablecoins have been in the spotlight for a really long time and this trend continues upwards. Check out the latest news below. Morgan Stanley reveals this about stablecoins The U.S. Treasury and Congress are preparing regulations for stablecoin or crypto dollars issuers which could see them being regulated in a similar way to how the…
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Why MakerDAO’s stability means it could replace the USD
The United States dollar is a currency used across the world. Rather than just being confined to use in America, it’s the national currency of over 10 countries, with almost a dozen also using it unofficially and accepting it in various shops and businesses. This is due to the stability of the dollar. Thanks to…
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ARYZE and AmaZix partner to bring stability to the crypto market
With the crypto market currently taking a bearish turn, the race is on to find solutions to help stabilise this often turbulent market, and give cryptocurrencies the legitimacy that regulatory bodies have recently called into question. Even recently, the International Monetary Fund announced that digital currencies are likely to play a legitimate role in our…
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London Block Exchange To Launch GBP-Backed Crypto Stablecoin
According to the London Block Exchange, they already obtained permission to develop and launch a GBP-backed crypto stablecoin dubbed as LBXPeg. Even more, the startup’s CEO, Benjamin Dives, said on Business Insider that the so-called “cryptopound” would come out within ten days. “LBX is proud to announce the worlds first GBP backed stablecoin,” said the London…
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The White Company launches White Standard $USD-backed Stablecoin
White Wallet & White Pay system to enhance transparency, stability, and liquidity. Lots of investors in the crypto space are hesitant when it comes to using Bitcoin and ether due to lack of liquidity and volatility. A startup plans to change all this for the better. The White Company is an innovator company in the…
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Why MakerDAO DAI is the killer application Ethereum needed
We are all waiting for it. With every month which goes by on the calendar, and every stride which cryptocurrency takes towards destroying the perception that it is a ‘fad’, we come closer to mainstream adoption. One of the obstacles to widespread uptake thus far in the cryptocurrency story has been price volatility. In the…