Search results for: #Stablecoin

News | 3 days ago
< 1 minutes read
Montenegro Develops State Digital Currency with Ripple

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 […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
2 minutes read
Chinese DLT Network to Become SWIFT Analog for Stablecoins and CBDCs

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 […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
2 minutes read
Spain to Create and Test Euro-Linked Stablecoin

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 […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
< 1 minutes read
Iran and Russia to Release Stablecoin Backed by Gold

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 […]

Author: CoinsPaid Media Editor
News | 3 weeks ago
< 1 minutes read
Nigeria to Legalize Private Stablecoins and ICOs

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 […]

Author: CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
Vitalik Buterin Suggested Key Innovations for Crypto Industry in 2023

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, […]

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Refugees and Victims of Armed Conflicts to Get Assistance in Stablecoins

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 […]

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Cardano Shuts Down Ardana Protocol and Announces New Stablecoin

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. […]

Author: CoinsPaid Media Editor
News | 3 months ago
2 minutes read
Users Actively Transfer Stablecoins Between Crypto Exchanges

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 […]

Author: CoinsPaid Media Editor
News | 4 months ago
2 minutes read
Crypto Market in Latin America Grew by 40% in One Year

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 […]

Author: CoinsPaid Media Editor