stablecoins | ForkLog

ForkLog 8 27.09.2023

Fed sees stablecoins as a threat to financial stability

Stablecoins may introduce instability into the financial system as a whole. This is stated in a study by the Federal Reserve Banks of Boston and New York.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 19 23.09.2023

Circle renames its stablecoins to USDC and EURC

Circle announced the renaming of its stablecoins USD Coin and Euro Coin to USDC and EURC.

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ForkLog 19 21.09.2023

Tether resumes lending in its USDT stablecoin

The issuer of USDT, Tether Limited, has resumed lending in its own stablecoin, a year after assurances that such practice had ceased. The Wall Street Journal reports.

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ForkLog 21 21.09.2023

Venmo adds support for PayPal’s stablecoin

The PayPal-owned mobile payments service Venmo has added support for its US-dollar pegged stablecoin PYUSD.

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ForkLog 90 19.09.2023

What is PayPal’s PYUSD stablecoin?

An explainer on PayPal’s PYUSD stablecoin.

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ForkLog 24 18.09.2023

Tether cofounder assesses PayPal’s stablecoin prospects

The stablecoin PYUSD from PayPal is unlikely to bring much innovation, but could potentially provide the company with additional profit. This was stated in an interview with CoinDesk by Tether co-founder William Quigley.

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ForkLog 25 13.09.2023

Paxos confirms 100% backing of PayPal’s PYUSD stablecoin

As of August 31, the total value of assets on PayPal's account equals or exceeds the PYUSD token balance, according to a Paxos report.

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ForkLog 16 13.09.2023

Coinbase CEO outlines concept of ‘flatcoins’

Flatcoins are a type of stablecoins not pegged to a specific asset or fiat currency, but move in line with inflation, according to Coinbase CEO Brian Armstrong.

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ForkLog 22 12.09.2023

Mantle to add support for RWA-stablecoin USDY

The L2 project Mantle Network on Ethereum will integrate USD Yield (USDY) stablecoin from Ondo Finance pegged to the US dollar.

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ForkLog 26 12.09.2023

Mountain Protocol launches passive-income stablecoin

The Mountain Protocol project announced the launch of the stablecoin USDM, backed by U.S. Treasury bonds and delivering a 5% annual passive yield.

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ForkLog 20 08.09.2023

B2BinPay expands crypto-asset support in updated service version

The B2BinPay team released version 17 of the crypto-processing service with reduced fees, support for Euro Coin (EUROC) and TrueUSD (TUSD), and an updated interface.

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ForkLog 13 06.09.2023

FDUSD stablecoin market cap up 51% in a month

In the last 30 days the supply of the First Digital USD (FDUSD) stablecoin rose by 51.4%, according to CoinGecko. The figure reached $393.7 million.

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