Stablecoins

Tokenised rupees can handle domestic and regulated flows, while Indian rupee (INR) stablecoins on public blockchains can power cross-border trade and programmable payments. They connect tokenized asset economy with the traditional fiat system

US dollar stablecoins to raise challenges for global monetary policy: CEA Nageswaran

The presence of a dollar stablecoin will bring with it its own challenges for monetary policy, monetary transmission and for seigniorage benefits of any country, CEA said

Crypto paper may flag tech benefits but will stop short of firm regulatory view

The first draft of the discussion paper, expected to be out in July, will likely outline the technological benefits of certain cryptos such as stablecoins, without taking a stand on regulation, given the RBI's resistance to this asset class

US Senate passes stablecoin bill in milestone for crypto industry

The bill, dubbed the GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules

Can stablecoin legislation help dollar regain its supremacy?

Stablecoins are digital currencies designed to maintain a stable value by pegging them to traditional assets, such as the US dollar, the euro, or commodities like gold

Stablecoins are bank deposits

And stablecoin issuers are banks

Binance to end support for USDC stablecoin on Tron blockchain network

Users can continue trading USDC on Binance, while deposits and withdrawals of USDC via other supported networks will not be impacted, Binance said in a blog post

Asset Tokenisation: IFSC signals plan to move forward, set regulations

The IFSCA’s decision to frame regulations and policy guidelines for blockchain-based products seems to be a well-timed move as tokenization is expected to have a huge impact on the world economy, even more than cryptocurrency

PayPal rolls out stablecoin in latest Crypto payments push

There’s roughly $126 billion worth of stablecoins in circulation, according to CoinGecko, the biggest by far being Tether Holdings Ltd.’s USDT.

Understanding how stablecoins have fared in the crypto bear market

Algorithmic stablecoins like Terra have imploded because of a liquidity crisis, but others have displayed a steely resilience in the crypto bear market

G20 watchdog to propose first global crypto rules in October

The FSB, a body of regulators, treasury officials and central bankers from the Group of 20 economies (G20), has so far limited itself to monitoring the crypto sector, saying it did not pose a systemic risk.

EU agrees rules to tame 'Wild West' crypto market

Globally, crypto assets are largely unregulated, with national operators in the EU only required to show controls for combating money laundering.

Crypto Learn | A beginner's guide to stablecoins

Stablecoins act as a bridge between fiat currencies and cryptocurrencies. Here's all you need to know about them

Tether enters Latin America with stablecoin pegged to Mexican peso

Forty percent of Mexican companies are looking to adopt blockchain and cryptocurrencies in some form, making Mexico a prime location as the next Latin American crypto hub

Funnycontrol | Dil mein mere hai Dard E Crypto

A crypto bro laments about the crash of stability in his life.

Terra crisis: Family bonds shattered, dreams ripped apart

Many Terra investors have lost hope of recovering their money after the Terra crash last week.

Cryptocurrency Prices Today May 17: Bitcoin, Ether drop over 2%; Cardano biggest laggard

Bitcoin's price in early trade stood at Rs 24.38 lakh. The dominance of the world's largest cryptocurrency increased marginally by 0.02 percent to 44.38 percent over the last day, according to CoinMarketCap data.

Top Cryptocurrency News Today: The biggest moves in Bitcoins, stablecoins, crypto rules and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and NFTs to help you jump-start the day.

Cryptocurrencies: Why they've crashed and what it could mean for their future

This crash was possibly triggered by a financial attack on the stablecoin Terra (UST), which is supposed to match the US dollar but is presently trading at just 18 cents.

Stablecoin TerraUSD drags down crypto market; bitcoin sinks to 18-month low at $27,000

TerraUSD, one of the world's largest stablecoins, lost a third of its value this week, spooking cryptocurrency investors and partly contributing to bitcoin's tumble below $30,000 for the first time in 10 months

Cryptocurrency Prices Today April 8: Bitcoin, Dogecoin inch up; most coins in green

Bitcoin's price is currently $43,683.82. Bitcoin’s dominance is currently 40.97 percent, a decrease of 0.43 percent over the day, as per CoinMarketCap data.

Valor, Brevan Howard back Lightning Labs to ‘Bitcoinize the Dollar’

The protocol -- called Taro -- aims to enable high-volume transfers instantly for fiat currencies and other assets, Lightning Labs said in a statement

Cryptocurrency Prices Today: Bitcoin, Ethereum jump 9% each

Bitcoin, the world's biggest and best-known cryptocurrency, is up 23.2% from the year's low of $32,950.72 on January 24.