Xfers Announces the Public Release of Singapore-dollar Stablecoin XSGD on Its Platform


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 Rolls out Decentralized Forex with Seven New Stablecoins Pegged to Foreign Currencies


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

European Commission draft proposal on crypto-assets has stablecoins in its crosshairs


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.

Waves Ports High-Interest Yielding Stablecoin Neutrino USD to Ethereum Network


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

Bluesky Digital Assets Corp., Announces “Stablecoin” Research and Development Initiative


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