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Cryptocoins News / The Cointelegraph ​ - 3 years ago

6 ways the stablecoin space can improve stability in volatile periods

Tightening reserves and offering real-time pricing data to the market are among the ways the stablecoin space could better weather volatility. With a value pegged to a...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances

This marks the second “Big Four” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy. National Australia Bank (NAB...

Bitcoin News / Bitcoinist - 3 years ago

Stablecoins And CBDCs Are The Future Of Money, Bank Of America Says

The continuous growth of stablecoins and cryptocurrency worldwide in terms of recognition and usage has caught the attention of the Bank of America. The second largest bank in the country, the bank’s analysts believe that crypto can revolutionize the...

Bitcoin News / Bitcoin.com - 3 years ago

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker not...

Bitcoin News / Bitcoinist - 3 years ago

Stablecoin Backed By Gold To Be Reportedly Launched By Russia And Iran

To better enable international transactions, the governments of Russia and Iran are reportedly considering working together to develop a new stablecoin. Iran is working with the Russian government to create a “token of the Persian Gulf region&#...

Bitcoin News / Bitcoin.com - 3 years ago

Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin

A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse, the number of Treasury bonds they would need...

Cryptocoins News / Blockchain  - 3 years ago

Iran and Russia Seek A Gold-Backed Stablecoin

Iran and Russia are planning a gold-backed cryptocurrency. In Astrakhan, Russia began accepting Iranian goods, a stablecoin would function. Instead of utilizing dollars, rubles, or rials, the initiative would allow cross-border transactions. (Read Mo...

Cryptocoins News / CoinJournal - 3 years ago

Orange Financial To Launch Innovative Yield Farming Treasury – Stablecoin Rewards for NFT Holders

Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize t...

Bitcoin News / Bitcoin.com - 3 years ago

Brazilians Turn to Stablecoins as Alternative to US Dollar for Hedge Against Volatility

Brazilians are turning to stablecoins as a way of shielding themselves from the volatility of economic circumstances. This is happening now in the wake of the inauguration of the new government of Luis Inacio “Lula” Da Silva. Ac...