Stablecoins


Policy

US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins

Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.

Former Acting Comptroller of the Currency Brian Brooks

Markets

Crypto Dollars and CBDCs: The Battle to Come

The future of money will be a tussle between algorithmic and fiat-pegged stablecoins and central bank digital currency experiments.

Sasha Ivanov

Policy

Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York

The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.

Close- up on 1000 YEN banknote.

Policy

Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.

The White House

Markets

Warp Finance Suffers Possible $8M Flash Loan Attack

The scheme has become common in the fast-growing DeFi sector.

Valid Points July 27

Policy

Nationalizing Stablecoins Won't Improve Financial Access

Proposals forcing stablecoin issuers to get banking licenses won't increase financial inclusion, as their proponents claim.

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Markets

Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper

The IMF paper suggests the U.S. dollar's role as the dominant reserve currency is safe for now, but private digital currencies could come to compete in time.

IMF

Finance

OKCoin Debuts CeFi-DeFi Mashup With Portal for Stablecoin Deposits

OKCoin is allowing users to invest in decentralized finance (DeFi) applications through its site without paying gas fees.

nick-fewings-SoqG9RWd_FA-unsplash

Finance

SatoshiPay to Become First User of German Bank's Euro Stablecoin

Bankhaus von der Heydt partnered with Bitbond to launch its euro-backed stablecoin on Stellar last week.

Euros

Markets

OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers

The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers as well as to the firms themselves.

OCC