stablecoins | ForkLog

ForkLog 15 11.12.2020

JPMorgan Conducted Test Intraday Repo Using JPM Coin on Upcoming Blockchain App

JPMorgan Chase conducted an intraday repo trade on an upcoming blockchain application. The calculations used the bank's developing stablecoin JPM Coin, according to a press release.

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ForkLog 23 10.12.2020

One of Europe’s oldest banks issues EURB stablecoin on the Stellar network

The German bank Bankhaus von der Heydt (BVDH), which has operated since 1754, in partnership with tokenization technology provider Bitbond, issued the euro-backed stablecoin EURB on the Stellar network.

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ForkLog 14 09.12.2020

USDC market capitalization tops $3 billion

The total market value of USDC in circulation rose above $3 billion, five times higher than at the start of the year.

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ForkLog 11 07.12.2020

Stablecoin capitalization tops $25 billion

The total market capitalization of the five most popular stablecoins surpassed $25 billion. This accounts for 4.3% of the overall cryptocurrency market cap, according to CoinGecko.

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ForkLog 24 07.12.2020

US lawmakers urge ban on banks holding stablecoin collateral

The Biden administration should withdraw the OCC decisions, as part of the Treasury, regarding cryptocurrencies and stablecoins. The statement was issued by U.S. Representative Maxine Waters, The Block reports.

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ForkLog 27 03.12.2020

US lawmakers propose regulation of stablecoins

A bill has been introduced in the U.S. Congress requiring stablecoin issuers to obtain banking licenses and regulatory approval. The initiative is led by a group of lawmakers headed by Democratic Representative Rashida Tlaib.

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ForkLog 17 02.12.2020

Visa to issue a USD Coin (USDC)–linked card

The payments giant Visa linked its global network to Circle's USD Coin (USDC). In its plans is the issuance of a card that would enable merchants to directly accept USDC as payment, according to Forbes.

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ForkLog 9 01.12.2020

Bank of Russia will not allow ruble-backed stablecoins

The Bank of Russia has opposed issuing stablecoins based on the ruble. This was announced by Sergey Shvetsov, First Deputy Chairman of the Bank of Russia.

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ForkLog 17 28.11.2020

Tether stablecoin market capitalization nears $20 billion

The circulating market capitalization of Tether's stablecoins (USDT) reached $19.4 billion. Messari data indicate.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 28 27.11.2020

ECB sees Libra launch as a threat to the future of fiat currencies

The European Central Bank warned that the appearance of the Libra stablecoin could put the fate of fiat currencies at stake. The regulator's response followed reports of Facebook's planned January 2021 launch of a digital currency, Finextra reports.

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ForkLog 17 27.11.2020

Media: Libra stablecoin set to launch in January 2021

The Libra project team is preparing to release a digital currency in January 2021 in a 'limited format'. Financial Times reports, citing sources familiar with the situation.

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ForkLog 12 23.11.2020

Opinion: Stablecoin inflows to exchanges save Bitcoin’s current rally

An increase in exchange-wallet balances with stablecoins in early October dampened the risk of a pause in Bitcoin's rally after crossing the $12,000 mark. Forbes quoted CryptoQuant CEO Ki Young Ju.

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