stablecoins | ForkLog

ForkLog 17 21.04.2023

Crypto community criticises French bank’s release of a digital euro

On 20 April, the French bank Societe Generale-Forge (SGF) released a euro-backed stablecoin — EUR CoinVertible (EURCV), available only to qualified institutional clients.

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ForkLog 26 20.04.2023

Société Générale to launch euro-denominated Ethereum-based stablecoin

Société Générale's subsidiary Forge will launch the euro-denominated stablecoin CoinVertible on Ethereum.

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ForkLog 16 19.04.2023

US Congress criticises bill to regulate stablecoins

The US House of Representatives' Financial Services Committee held the first hearing of 2023 on a bipartisan bill to regulate stablecoin issuers.

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ForkLog 18 16.04.2023

US Congress introduces bill to regulate stablecoins

The US House of Representatives Financial Services Committee published a bill aimed at regulating stablecoin issuers.

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ForkLog 8 14.04.2023

Governor of the Bank of England calls for regulating stablecoins on a par with fiat

Stablecoins must meet the same rules as fiat, and proper supervision is necessary to ensure financial stability, according to Andrew Bailey, the Governor of the Bank of England.

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ForkLog 16 12.04.2023

Stellar CEO urges regulation of stablecoins to bolster the dollar

The U.S. dollar could come under significant pressure if this year regulators fail to begin regulating stablecoins, Stellar CEO Denelle Dixon said in an interview with Bloomberg.

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ForkLog 23 11.04.2023

USDC supply stabilises after Silicon Valley Bank collapse

Following a wave of USDC redemptions linked to the SVB collapse and the loss of dollar parity, the coin's supply slowed its decline.

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ForkLog 13 05.04.2023

BTG Pactual launches US-dollar-denominated stablecoin on Polygon

The Brazilian investment bank BTG Pactual presented the US-dollar-denominated stablecoin BTG Dol on the Polygon network.

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ForkLog 16 31.03.2023

Bank of England envisions coexistence of CBDC and cryptocurrencies

The Bank of England's Chief Digital Officer Katy Fortune said that in the future she envisions a mixed ecosystem of various forms of money, including CBDC and stablecoins.

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ForkLog 18 29.03.2023

Circle to launch USDC stablecoin in the Cosmos ecosystem

The USD Coin (USDC) stablecoin from the issuer Circle will be launched in the Cosmos ecosystem. The issuing platform will be the Noble project.

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ForkLog 11 27.03.2023

TUSD stablecoin launches on the TON network

The True USD (TUSD) stablecoin team has partnered with The Open Network blockchain project. The collaboration will enable users to transfer the asset quickly and securely into the TON network via Orbit Bridge.

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ForkLog 24 24.03.2023

Tether says it has $1.66 billion in excess USDT reserves

Following the first quarter, Tether expects to report a net profit of $700 million, which would lift USDT's excess reserves to $1.66 billion. On CNBC, Paolo Ardoino, the company's Chief Technology Officer, said.

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