Stablecoins
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Cryptocurrency
Tokenized Deposits as Alternative to Stablecoins Favored by South Korean Banks in Preparation for CBDCs
A South Korean bank favors Certificate of Deposit (CD) tokens as a potential alternative to “volatile” stablecoins. report South Korean…
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Cryptocurrency
SAP opens testnet registration for cross border payments in stablecoins
USDC is available on 9 blockchains including Algorand, Solana and TRON, schrader We have confirmed that the preview phase will…
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Cryptocurrency
Binance clarifies terms of use; plans to turn ‘zombie assets’ into stablecoins
What is CryptoSlate Alpha? Web3 memberships are designed to give you cutting-edge insights and knowledge. Learn more > connected to…
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Cryptocurrency
Hong Kong seeks fast regulatory action on stablecoins
According to local media standardHong Kong is making strides towards creating a clear framework for stablecoins pegged to traditional financial…
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Cryptocurrency
Gas usage for stablecoins, NFTs on Ethereum continues decline
quick take Ethereum gas usage by transaction type, especially in stablecoins and NFTs, continues to decline. As of June 9,…
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Cryptocurrency
Ex-SEC chair Jay Clayton says agency is having ‘blunt conversations’ on crypto; endorses ‘true stablecoins’
Former US SEC Chairman Jay Clayton commented on the agency’s current handling of cryptocurrencies during a conversation with Bloomberg Invest…
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Cryptocurrency
Traders turn to stablecoins as regulatory pressure in the US ramps up
A wave of regulatory pressure sweeping through the U.S. cryptocurrency market has turned traders away from Bitcoin (BTC) and Ethereum…
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Cryptocurrency
Highlights from Financial Service Committee hearing on stablecoins
The Digital Assets Financial Technology Inclusion Committee hearing Discuss stablecoin policy on May 18th. At the outset of the meeting,…
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Cryptocurrency
Stablecoins being converted into Bitcoin helped push the price over $30k
quick take There are many factors behind Bitcoin’s resurgence this year, but one of the main ones is the rotation…
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Cryptocurrency
Research: TRON and gold-backed stablecoins poised for growth as Ethereum activity shrinks
After Terra UST de-pegged in May 2021, which raised concerns about the safety of stablecoins, crypto proponents began phasing out…
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