The Central Bank of Montenegro plans to issue a state digital currency in cooperation with Ripple Labs. A pilot project to build infrastructure for the new payment instrument in the […]
Search results for: #Stablecoin
The Universal Digital Payments Network (UDPN) is intended to become an international data transfer system between various CBDC projects and banking stablecoins. Hong Kong-based blockchain company Red Date Technology announced […]
The Bank of Spain approved a project to issue stablecoins pegged to the euro. The asset will be tested as part of a financial sandbox created to develop the digital […]
Financial regulators of Iran and Russia intend to issue a stablecoin backed by gold. The asset is planned to be used in foreign trade transactions. The Central Bank of Iran […]
The Central Bank of Nigeria (CBN) plans to create a regulatory framework for private stablecoins in the country and legal rules to regulate initial coin offerings (ICO). The Nigeria Payments […]
Ethereum co-founder believes three innovations will be key for the cryptocurrency industry in 2023: simplifying crypto wallets, inflation-resistant stablecoins, and Web3 adoption. Ethereum co-founder Vitalik Buterin talked with David Hoffman, […]
Stellar is working with the International Rescue Committee (IRC) to provide assistance to Ukrainians using USD Coin (USDC). Partisia and the International Committee of the Red Cross (ICRC) are also […]
The development of the Ardana protocol to release a stablecoin based on Cardano has been halted. Developers of the blockchain platform announced the release of a new algorithmic stablecoin Djed. […]
Users withdrew over $12.3 billion in stablecoins from crypto exchanges in two days. Approximately the same amount was transferred back to other exchanges. These numbers are a record for the […]
Latin American citizens boosted crypto turnover to $562 billion between July 2021 and June 2022. These results made the LATAM region the seventh-largest crypto market in the world. Latin America’s […]