Stablecoin News
Top Articles from Prashant

So investors hesitate to invest in crypto because of the fluctuations. If you are one of them, Stablecoin is the answer. Stablecoins are a cryptocurrency without volatility. They share the same power as crypto but their growth is not that fast. They are just like the traditional currencies like USD etc. Read the latest update of the coin on CoinGape. The most trusted platform for blockchain and cryptocurrency news.
Meta Content: Stablecoins are cryptocurrencies without volatility. Read the latest news on the coin on Coin Gape

USDC
News
USDC
News

Stablecoin News: After Tether, Circle’s $5 Billion USDC Issuance Comes Under scrutiny

Tether’s $1 Billion USDT print this week raised many eyebrows amid US federal agencies’ plan to tighten their scrutiny around stablecoin issuers. The major concern for authorities lies with the issuance backings that have been found misleading in the past. After Tether, now Circle’s latest $5 billion USDC has come under scrutiny. Circle has issued

Prashant Jha 9 hours ago

Tether’s $1 Billion USDT print this week raised many eyebrows amid US federal agencies’ plan to tighten their scrutiny around stablecoin issuers. The major concern for authorities lies with the issuance backings that have been found misleading in the past. After Tether, now Circle’s latest $5 billion USDC has come under scrutiny. Circle has issued

Tether
Bitcoin News
Tether
Bitcoin News

Tether FUD: The Mystery Behind $1 Billion USDT Print, Will Bitcoin (BTC) Price Pump?

The crypto market is going through another bearish phase this month as the top cryptocurrencies lost majority of their gains from October. Bitcoin (BTC) has failed to hold key support of $55,000 and currently trading at $54,777. Amid growing pressure from the bears, Tether’s latest issuance has created another market FUD. Tether is often accused

Prashant Jha November 27, 2021

The crypto market is going through another bearish phase this month as the top cryptocurrencies lost majority of their gains from October. Bitcoin (BTC) has failed to hold key support of $55,000 and currently trading at $54,777. Amid growing pressure from the bears, Tether’s latest issuance has created another market FUD. Tether is often accused

Stablecoin
News
Stablecoin
News

US Federal Agencies Demand Stablecoin Oversight Powers; Here’s Why

The US Federal agencies have demanded more power to crack down on the stablecoin market as they believe it could potentially destabilize the current financial system. The President’s Working Group along with major financial regulators published a new report on Stablecoins urged Congress to regulate stablecoin issuers similar to banks. The official report read, “The

Prashant Jha November 26, 2021

The US Federal agencies have demanded more power to crack down on the stablecoin market as they believe it could potentially destabilize the current financial system. The President’s Working Group along with major financial regulators published a new report on Stablecoins urged Congress to regulate stablecoin issuers similar to banks. The official report read, “The

China
News
China
News

Breaking: China May Set Up CBDC Exchange to Push Digital Yuan Use

The latest update in China’s financial ecosystem saw the authorities make yet another attempt to push its Digital Yuan’s use, this time around by setting up a digital asset exchange in Beijing. According to Bloomberg, the guidelines issued by the State Council point towards Beijing’s plans to look into establishing a bourse aka exchange for

Palak Malhotra November 26, 2021

The latest update in China’s financial ecosystem saw the authorities make yet another attempt to push its Digital Yuan’s use, this time around by setting up a digital asset exchange in Beijing. According to Bloomberg, the guidelines issued by the State Council point towards Beijing’s plans to look into establishing a bourse aka exchange for

Ripple-Azimo
Altcoin News
Ripple-Azimo
Altcoin News

Ripple set to help this country in developing their Sovereign digital currency

Ripple has announced its exclusive partnership with the Island nation, the Republic of Palau to explore the country’s first national digital currency and its use cases facilitated on the XRP Ledger (XRPL). According to Ripple, with the focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau, the country may be

Palak Malhotra November 24, 2021

Ripple has announced its exclusive partnership with the Island nation, the Republic of Palau to explore the country’s first national digital currency and its use cases facilitated on the XRP Ledger (XRPL). According to Ripple, with the focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau, the country may be

Bitcoin News
Bitcoin News

Is Crypto’s inevitability a myth? Reserve Bank of Australia’s official believes so

As the cryptocurrency market rose slightly above $2.5 trillion, industry giants began to levy the decentralized industry’s growth as an inevitable phenomenon. However, a senior official from the Reserve Bank of Australia (RBA) argued otherwise, claiming that crypto’s eminent gains could be reversed by changing trends along with regulatory and monetary developments. RBA’s head of

Palak Malhotra November 18, 2021

As the cryptocurrency market rose slightly above $2.5 trillion, industry giants began to levy the decentralized industry’s growth as an inevitable phenomenon. However, a senior official from the Reserve Bank of Australia (RBA) argued otherwise, claiming that crypto’s eminent gains could be reversed by changing trends along with regulatory and monetary developments. RBA’s head of

News
News

Just-In: RBI Official claims India could launch CBDC Pilot by Q1 2022

The Reserve Bank of India (RBI) expects to launch the pilot for its CBDC, latest by the first quarter of next year. According to comments by the central bank’s senior official at the State Bank of India’s Banking and Economic Conclave, RBI is bullish on taking off with the CBDC pilot by Q1 of 2022.

Palak Malhotra November 18, 2021

The Reserve Bank of India (RBI) expects to launch the pilot for its CBDC, latest by the first quarter of next year. According to comments by the central bank’s senior official at the State Bank of India’s Banking and Economic Conclave, RBI is bullish on taking off with the CBDC pilot by Q1 of 2022.

Bitcoin News
Bitcoin News

Nigerian Central Bank insists CBDC use amid Bitcoin bull

As Bitcoin surges have become a routine in the bull season, Nigeria has also become more alert of its CBDC promotions or lack of it. Given the Central Bank of Nigeria’s continued stance on its Bitcoin ban, the country is forced to remain barren to the Bitcoin bull profits. Central Bank’s Director of Corporate Communications

Palak Malhotra November 13, 2021

As Bitcoin surges have become a routine in the bull season, Nigeria has also become more alert of its CBDC promotions or lack of it. Given the Central Bank of Nigeria’s continued stance on its Bitcoin ban, the country is forced to remain barren to the Bitcoin bull profits. Central Bank’s Director of Corporate Communications

Stablecoin News
Stablecoin News

Sovryn introduces Bitcoin-backed Stablecoin Protocols

The developers of Sovryn, a Bitcoin-native application for enabling decentralized lending, pointed out that we are experiencing a truly historic transition from an economy established via the fiat monetary system to an economy involving uncensorable Bitcoin transactions.  This notable shift, from the old to the new crypto economy, is taking place quite fast, however, it

Casper Brown November 11, 2021

The developers of Sovryn, a Bitcoin-native application for enabling decentralized lending, pointed out that we are experiencing a truly historic transition from an economy established via the fiat monetary system to an economy involving uncensorable Bitcoin transactions.  This notable shift, from the old to the new crypto economy, is taking place quite fast, however, it

Digital Yuan
Blockchain News
Digital Yuan
Blockchain News

Breaking: Chinese E-Commerce Giant Record $15.6 Million in Digital Yuan Transactions on Singles Day

China is currently in the second year of mass testing its national digital currency called digital yuan (e-CNY) with no fixed schedule for an official launch. However, that has not stopped the Chinese e-commerce giant JD.com from adding it to their payment option for the ongoing Singles Day, considered to be the biggest shopping event

Prashant Jha November 11, 2021

China is currently in the second year of mass testing its national digital currency called digital yuan (e-CNY) with no fixed schedule for an official launch. However, that has not stopped the Chinese e-commerce giant JD.com from adding it to their payment option for the ongoing Singles Day, considered to be the biggest shopping event

News
News

China CBDC: PBOC to continue Digital Yuan development despite CBDC scam

The latest development in China’s Central Bank Digital Currency, post the controversial CBDC scam, saw the People’s Bank of China reinstate its determination towards expanding and advancing the development of Digital Yuan. According to Reuter’s exclusive coverage of the Bank of Finland event, where the PBOC governor, Yi Gang spoke remotely about the Chinese authorities

Palak Malhotra November 9, 2021

The latest development in China’s Central Bank Digital Currency, post the controversial CBDC scam, saw the People’s Bank of China reinstate its determination towards expanding and advancing the development of Digital Yuan. According to Reuter’s exclusive coverage of the Bank of Finland event, where the PBOC governor, Yi Gang spoke remotely about the Chinese authorities

Bitcoin News
Bitcoin News

This Former Banking Giant CEO Says Banks Will Start Crypto Trading in 3 Years

The former boss of Citigroup Inc., Vikram Pandit predicted that the majority of financial institutions will begin cryptocurrency assets trading in lieu of the decentralized industry’s inevitable growth. Pandit spoke at the Singapore Fintech Festival event and told Bloomberg that the ‘shift’ will be implemented sooner than later, within merely one to three years. In

Palak Malhotra November 8, 2021

The former boss of Citigroup Inc., Vikram Pandit predicted that the majority of financial institutions will begin cryptocurrency assets trading in lieu of the decentralized industry’s inevitable growth. Pandit spoke at the Singapore Fintech Festival event and told Bloomberg that the ‘shift’ will be implemented sooner than later, within merely one to three years. In

News
News

Breaking: China Reports First Case of Money Laundering Using Digital Yuan

The Chinese government had just begun to celebrate the nation’s digital Yuan as a secure and centralized digital payment method when the Xinmi police cracked down on the first-ever money laundering racket using China’s CBDC. The Xinmi Public Security together with the Anti-fraud Center of the Zhengzhou Public Security Bureau arrested 11 suspects in the

Palak Malhotra November 3, 2021

The Chinese government had just begun to celebrate the nation’s digital Yuan as a secure and centralized digital payment method when the Xinmi police cracked down on the first-ever money laundering racket using China’s CBDC. The Xinmi Public Security together with the Anti-fraud Center of the Zhengzhou Public Security Bureau arrested 11 suspects in the

US Treasury
News
US Treasury
News

US Treasury Releases it’s Report on Stablecoin Risks, Here’s Everything You Should Know

The US Treasury Department finally released its much-awaited stablecoin risk report on November 1st. The President’s Working Group (PWG) released a report that make note of the risks associated with the use of stablecoins in the financial market. The major stablecoin risks highlighted in the report revolve around the reserves and issuance. The official report

Prashant Jha November 2, 2021

The US Treasury Department finally released its much-awaited stablecoin risk report on November 1st. The President’s Working Group (PWG) released a report that make note of the risks associated with the use of stablecoins in the financial market. The major stablecoin risks highlighted in the report revolve around the reserves and issuance. The official report

The Federal Deposit Insurance Corporation FDIC, has announced through its chairperson Jelena McWilliams that the agency is working with other regulators in the U.S. with hopes of looking at the possibilities of banks involving in crypto-related activities.
Regulation News
The Federal Deposit Insurance Corporation FDIC, has announced through its chairperson Jelena McWilliams that the agency is working with other regulators in the U.S. with hopes of looking at the possibilities of banks involving in crypto-related activities.
Regulation News

FDIC considers clear regulatory terms for banks who want to handle crypto assets

The Federal Deposit Insurance Corporation FDIC, has announced through its chairperson Jelena McWilliams that the agency is working with other regulators in the U.S. with hopes of looking at the possibilities of banks involving in crypto-related activities. In a speech which she delivered during the Money20/20 Fintech Conference on Monday, McWilliams said the FDIC, is

Mayowa Adebajo October 27, 2021

The Federal Deposit Insurance Corporation FDIC, has announced through its chairperson Jelena McWilliams that the agency is working with other regulators in the U.S. with hopes of looking at the possibilities of banks involving in crypto-related activities. In a speech which she delivered during the Money20/20 Fintech Conference on Monday, McWilliams said the FDIC, is

Nigeria
News
Nigeria
News

Breaking: Nigeria Becomes First African Nation to Launch a CBDC

Nigeria has become the first nation in Africa to launch a soverign digital currency called eNaira. The central bank had earlier delayed the launch by a month but now seems everything has been put in place for the official launch. The Nigerian Central Bank also claimed that their emphasis was more on launching a complete

Prashant Jha October 25, 2021

Nigeria has become the first nation in Africa to launch a soverign digital currency called eNaira. The central bank had earlier delayed the launch by a month but now seems everything has been put in place for the official launch. The Nigerian Central Bank also claimed that their emphasis was more on launching a complete

Israel
Ethereum News
Israel
Ethereum News

Israel Looking at Ethereum Blockchain For its CBDC Development

Bank of Israel is reportedly set to start its CBDC pilot and they might go with Ethereum as the base blockchain on top of which it would work. The central bank reportedly did its first trial using blockchain but there is no confirmation from the Israeli Central Bank if Ethereum indeed would be a part

Prashant Jha October 23, 2021

Bank of Israel is reportedly set to start its CBDC pilot and they might go with Ethereum as the base blockchain on top of which it would work. The central bank reportedly did its first trial using blockchain but there is no confirmation from the Israeli Central Bank if Ethereum indeed would be a part

China
Blockchain News
China
Blockchain News

China asks McDonald’s to Expand Digital Yuan Use Across Outlets, Here’s Why

China is now looking for an aggressive digital yuan push right before the winter olympics. The national soverign digital currency whose development was completed in 2019 is currently being widely tested across various provinces in China before the official launch. The latest report from Financial Times noted that the Chinese government has asked fast-food giant

Prashant Jha October 20, 2021

China is now looking for an aggressive digital yuan push right before the winter olympics. The national soverign digital currency whose development was completed in 2019 is currently being widely tested across various provinces in China before the official launch. The latest report from Financial Times noted that the Chinese government has asked fast-food giant

Tether
News
Tether
News

Breaking: Hindenburg Research launches $1 million Tether Bounty Program

Hindenburg Research, a forensic financial research firm announced the launch of the Hindenburg Tether Bounty Program to unveil the Tether reserves scandal. The Program holds rewards up to $1 million for information leading to previously undisclosed details about cryptocurrency “stablecoin” Tether’s backing. According to Hindenburg Research’s press release, the company believes Tether could be a

Palak Malhotra October 20, 2021

Hindenburg Research, a forensic financial research firm announced the launch of the Hindenburg Tether Bounty Program to unveil the Tether reserves scandal. The Program holds rewards up to $1 million for information leading to previously undisclosed details about cryptocurrency “stablecoin” Tether’s backing. According to Hindenburg Research’s press release, the company believes Tether could be a

Altcoin News
Altcoin News

G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes

The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In its latest report, the body highlighted the challenges that surround cross-border payments which range from high transaction

Godfrey Benjamin October 14, 2021

The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In its latest report, the body highlighted the challenges that surround cross-border payments which range from high transaction