Xfers, a Major Payment Institution (“MPI”) licensed by the Monetary Authority of Singapore (MAS) for e-money issuance, announced today the public release of XSGD, the world’s first Travel Rule compliant stablecoin, backed 1:1 with the Singapore Dollar (SGD), as part of its StraitsX initiative
Waves.Exchange, the global cryptocurrency exchange, announced today the launch of Decentralized Forex (DeFo) a new trading model powered by stablecoins. Waves Exchange will support seven currency-pegged digital assets at launch: USDN, EURN, JPYN, CNYN, RUBN, UAHN and NGNN. DeFo traders will be able to
A draft proposal on crypto assets shows the European Commission is looking to nix interest on stablecoins among other planned regulations.The post European Commission draft proposal on crypto-assets has stablecoins in its crosshairs appeared first on The Block.
In 2018, Ukraine’s central bank conducted a pilot program focused on digitizing the hryvnia, the country’s national currency.The post CBDCs need the private sector to be competitive, says Ukrainian central bank official appeared first on The Block.
Waves.tech, an ecosystem of next-generation technologies built on Waves.protocol, today announced it has ported its native stablecoin Neutrino USD ($USDN) into Ethereum to create DeFi interoperability between both networks. Neutrino.Protocol, recently released on the Waves network, allows users to create
Toronto, Ontario–(Newsfile Corp. – August 4, 2020) – Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTC Pink: BTCWF), (“Bluesky” or the “Corporation”) announced today the commencement of its “Stablecoin” program initiative.Consistent with the company’s
A state of uncertainty worldwide seems to be benefitting markets for gold and bitcoin, among others.The post Global uncertainty appears to benefit gold, bitcoin and gold-backed stablecoins appeared first on The Block.
Since February, the total number of stablecoins has increased by 94%–from $5.68 billion to $11.0 billion.The post The total supply of stablecoins has grown 94% since early February appeared first on The Block.