Stablecoins


Policy

Nationalizing Stablecoins Won't Improve Financial Access

Proposals forcing stablecoin issuers to get banking licenses won't increase financial inclusion, as their proponents claim.

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Markets

Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper

The IMF paper suggests the U.S. dollar's role as the dominant reserve currency is safe for now, but private digital currencies could come to compete in time.

IMF

Finance

OKCoin Debuts CeFi-DeFi Mashup With Portal for Stablecoin Deposits

OKCoin is allowing users to invest in decentralized finance (DeFi) applications through its site without paying gas fees.

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Finance

SatoshiPay to Become First User of German Bank's Euro Stablecoin

Bankhaus von der Heydt partnered with Bitbond to launch its euro-backed stablecoin on Stellar last week.

Euros

Markets

OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers

The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers as well as to the firms themselves.

OCC

Policy

Women in Tech Say Proposed STABLE Act Harms Those It Claims to Protect

Women of color from the cryptocurrency industry are concerned the STABLE Act would make wealth disparities in the U.S. much worse.

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Policy

Would the STABLE Act Make Running an Ethereum Node Illegal?

The STABLE Act regulating the burgeoning stablecoin industry is misplaced and overly broad, says our columnist.

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Finance

One of the World’s Oldest Banks Is Issuing a Euro Stablecoin on Stellar

Germany’s Bankhaus von der Heydt is working with Bitbond for the first direct issuance of a stablecoin by a bank on Stellar, the firms said.

euros

Markets

Biden Administration Will ‘Ultimately Be Supportive’ of Crypto: Circle CEO

Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.

Circle founder and CEO Jeremy Allaire

Policy

Coin Center Donations Top $100K Worth of Dai Following Anti-Stablecoin Bill Proposal

Donations in dai, USDC, and ether were sent to Coin Center via Gitcoin.

Donations sent to Coin Center via Gitcoin over the past 48 hours