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Stablecoins
PBoC Softens Tone Toward Bitcoin, Stablecoins, Calling Them 'Alternative Investment'
The deputy governor said bitcoin and stablecoins were investment options and not currency during the Boao Forum on Sunday.
Japanese Internet Giant Taps Zero Hash for Settlement in Yen, US Dollar Stablecoins
The companies say the move will eliminate bottlenecks in the moving and settling of Japanese yen associated with traditional financial rails.
Anchorage Is Supporting DeFi Governance Token TRIBE Despite Its FEI Troubles
The TRIBE governance token’s FEI stablecoin project recently saw whales making gains and retail getting rekt.
$1B Fei Stablecoin's Rocky Start Is a Wake-Up Call for DeFi Investors
The episode could be the tipping point where retail crypto traders realize they have to be more judicious about buying into protocol launches.
Tether’s USDT to Launch on Kusama With Polkadot to Follow
It’s slated to become the first stablecoin to launch on Polkadot.
Crypto Long & Short: Bitcoin Outflows Aren't the Bullish Signal You Think They Are
Exchange flows shift as tether continues to replace bitcoin, building quote currency dominance in altcoin trading.
Jeremy Allaire Breaks Down Visa’s Embrace of Crypto Payments
Jeremy Allaire of Circle weighs in on Visa’s recent decision to settle payments on the Ethereum network using USDC. Allaire explains how Visa’s identity as a “network of networks” can translate to crypto, how blockchain payments can speed up financial transactions and the role of stablecoins like USDC in crypto payments.
UK to Focus Regulation on Stablecoins Rather Than Crypto in General: Report
“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.
Avanti's Caitlin Long on the Crypto Bank's $37M Raise
Avanti Bank CEO Caitlin Long joins “All About Bitcoin” to discuss plans for the bank's launch after raising $37M. Long explains what sets Avanti apart from banks with the Office of the Comptroller of the Currency's (OCC) approval to be federally chartered. Plus, her thoughts on Visa’s decision to allow settlement transactions in stablecoin USDC.
Visa Now Allows Payments to Be Settled Using Crypto on Ethereum Blockchain
It's a big win for mainstream crypto acceptance: Visa processed a payment in USD Coin (USDC), a stablecoin, on the Ethereum blockchain and plans to roll out the service to its partners later this year. "The Hash" panel weighs in on the significance of Visa's move and what it might mean for crypto as a whole.