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In a quietly momentous shift, the U.S. Treasury Borrowing Advisory Committee (TBAC) has formally acknowledged the disruptive and potentially beneficial role of stablecoins in the broader financial ecosystem. Once viewed with skepticism, dollar-backed stablecoins are now being discussed as a “new payment mechanism” — and more importantly, as a significant and growing source of demand … Read more
As the BRICS alliance evolves into a formidable economic bloc—expanding its influence across Asia, Africa, South America, and the Middle East—one financial instrument has quietly become the backbone of cross-border trade: the Tether stablecoin (USDT). With nearly $200 billion in daily trade settlements, Tether now stands as the most actively used cryptocurrency in the world, … Read more
The world is entering a golden age of digital assets, where the rapid evolution of financial technology is reshaping global markets. The United States is at the forefront of this transformation, and the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence (a division of the Committee on Financial Services) is playing a crucial role … Read more
Former FDIC Chair Sheila Bair, Vice Chairman of Partners Capital and former CENTRE Consortium CEO David Puth, and Ripple Executive Chairman Chris Larsen Join the RLUSD Advisory Board Ripple, the leading provider of digital asset infrastructure for financial institutions, announced its exchange partners and customers for Ripple USD (RLUSD), an enterprise-grade, USD-denominated stablecoin created with … Read more
In the volatile world of cryptocurrencies, stablecoins have emerged as a beacon of stability, designed to offer the benefits of digital currency without the wild price swings associated with assets like Bitcoin and Ethereum. With a total market capitalization of approximately $136.60 billion, stablecoins now represent 7.61% of the entire cryptocurrency market cap. This remarkable … Read more
Cryptocurrencies are known for their volatility, which makes them risky to use as a store of value or a means of exchange. However, stable coins and crypto tethering aim to address this issue by providing a stable value to users. In this blog post, we will explore some examples of crypto tethering and stable coins. … Read more
Asia Pacific Digital Bank (APDB) recently announced the preliminary launch of its stable coin USDA. KUALA LAMPUR, MALAYSIA / ACCESSWIRE / September 22, 2019 / China’s Central Bank, the People’s Bank of China (PBoC), is planning to introduce its own digital currency, and this news has sent excitement and speculation rippling through the market. The market … Read more
SINGAPORE / ACCESSWIRE / August 24, 2019 / On August 21, Goldlinks CEO Ouyang Yun attended the POW’ER 2019 Global Blockchain Developers Conference in Beijing, where he delivered a speech entitled “How can Blockchain Empower the Gold Industry”. The conference, one of China’s top blockchain summits, was attended by over 1,500 delegates, including specialists on blockchain, … Read more