Stablecoin News

Russia Eyes Ruble Stablecoin with 7 Key Criteria, Faces Regulations

Mendeleev suggested a Russian stablecoin should follow DAI's overcollateralization model while remaining compliant with Russian regulations. Despite technical feasibility, Mendeleev expressed skepticism about...

Société Générale Unveils Its Own Stablecoin for Broader Market

KEY TAKEAWAYSSociété Générale has announced the launch of its stablecoin, EUR CoinVertible, on Bitstamp.This move marks the first major bank to issue digital tokens...

Verified USD Foundation Launches Community-Driven Stablecoin USDV

KEY TAKEAWAYSInnovative Backing: USDV stands out by securing its value through tokenized US Treasury Bills, providing a stable alternative to conventional stablecoins.Community Involvement: The...

PayPal’s New Stablecoin Launch Sets Trend as Industry Titans Eye Digital Dollar Dominance

The stablecoin launched by PayPal on Monday has the potential to become a trendsetter in the market.A range of e-commerce companies and banks, including...

PayPal Steps into Crypto: Introducing PYUSD Stablecoin Backed by Confidence

For the first time, a major American financial company is launching and making available a stablecoin with a fixed value pegged to the US...

MakerDAO Community Decides to Keep USD Coin as Primary Reserve for DAI Stablecoin

The MakerDAO community has decided to keep the USD Coin (USDC) cryptocurrency as the primary reserve asset for the DAI stable coin.Last Monday, the...

Will 2023 Be the First Year of Stablecoins?

Stablecoins have always been the main content in the history of blockchain. It provides a decentralized means of currency stability, and users provide the...

Iran and Russia Collaborating on Gold-Backed Cryptocurrency

Iran's central bank is reportedly working with the Russian government to issue a new gold-backed cryptocurrency, cointelegraph.com reported.According to the report, Iran is working...

Latest news

Congress Debates Stablecoin Bill Amid Rising Bank and Crypto Tensions

U.S. lawmakers are moving forward with the Senate Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, with...

American Engineer Drugged, Robbed in Sophisticated London Crypto Heist

An American software engineer lost approximately $123,000 in cryptocurrency after being drugged and robbed in London.The victim was targeted...

Max Keiser Doubts New Bitcoin Treasuries’ Discipline in Bear Market

Bitcoin-focused companies are increasingly copying the treasury strategy used by Michael Saylor's Strategy.Max Keiser raised doubts about whether these...

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