Stablecoin - page 4

News

Bank for International Settlements to Step Up Work on Monitoring of Stablecoins

The Bank for International Settlements has published a plan for the development of its network of innovation hubs for 2023, which, among other things, provides for active monitoring of stablecoins on an ongoing basis.

News

Binance-Pegged BUSD Integrates on Ethereum’s Optimism Network

Binance opens deposits and withdrawals for Binance-pegged BUSD on the Optimism Network.

Blockchain & Crypto

Cardano Launched ADA-Backed Stablecoin

ADA-backed stablecoin ‘Djed’ launched on Cardano blockchain.

Blockchain & Crypto

GBPT Stablecoin Integrates into 18,000 ATMs in UK

Thousands of crypto ATMs in the United Kingdom now allow customers to withdraw cash for GBPT, a stablecoin backed by British pound

Blockchain & Crypto

Moody’s Preps Stablecoin Scoring System

Moody’s is developing a system for evaluating up to 20 stablecoins.

Fintech & Ecommerce

Saudi Arabia Central Bank Launches CBDC Experiment

Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.

News

Binance SWIFT Banking Partner to Ban USD Transfers Below $100K

Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.

Finance & Economics

Universal Digital Payments Network Launches at Davos

A Universal Digital Payment Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDC) was launched at the World Economic Forum (WEF) in Davos.

Blockchain & Crypto

Over 1% of Binance Tokens Just got Burned

BNB Chain has burned over $500 million worth of its native BNB tokens during its 22nd scheduled burn, the first quarterly burn of 2023.

News

Tether’s Settlement Volume Flips Visa and Mastercard

According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.