Browsing: Stablecoins
S&P Global Ratings has teamed up with Chainlink to create on-chain risk assessments for stablecoins, catering to traditional finance players…
A consortium of banks is currently investigating the potential launch of stablecoins tied to major global fiat currencies, including the…
Pierre Gramegna, managing director of the European Stability Mechanism (ESM), states that the European Union needs to promote euro-denominated stablecoins…
Pierre Gramegna, managing director of the European Stability Mechanism (ESM), stated that the European Union should promote the creation of…
Key takeawaysStablecoins are approaching a market cap of $300 billion, yet adoption remains limited due to concerns regarding depegging, collateral,…
Standard Chartered, a multinational bank, has predicted that over $1 trillion could flow out of emerging market banks into stablecoins…
A7A5, a stablecoin backed by the Russian ruble and issued in Kyrgyzstan, has risen to become the largest non-US dollar…
Standard Chartered, a multinational bank, forecasts that over $1 trillion could be transferred from emerging market banks to stablecoins by…
The GENIUS Act, focused on stablecoins and enacted in July, is expected to prompt a shift of deposits from conventional…
Key insights:Stablecoins have become essential for savings, payments, and trading in Nairobi and Lagos.Adoption is fueled by inflation, currency fluctuations,…