STABLECOIN
Description
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to the type of price volatility synonymous with cryptocurrencies like Bitcoin and Ether.
The key is to understand "stable": what is "stable"? which references are pegged to make its value "stable"? In terms of what we measure the "stability".
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to the type of price volatility synonymous with cryptocurrencies like Bitcoin and Ether.
The key is to understand "stable": what is "stable"? which references are pegged to make its value "stable"? In terms of what we measure the "stability".
Mastercard Eyes Acquisition of Zerohash for Stablecoin Expansion
Mastercard is reportedly nearing a $2 billion deal to acquire crypto infrastructure firm Zerohash, aiming to bolster its stablecoin and on-chain settlement capabilities.
DeCard and Polygon (MATIC) Revolutionize Global Stablecoin Payments
DeCard integrates with Polygon (MATIC) to facilitate stablecoin payments for over 150 million merchants globally, marking a significant step in real-world blockchain utility.
Visa to Support New Stablecoins on Multiple Blockchains, Expanding Crypto Infrastructure
Visa plans to integrate four new stablecoins across various blockchains, enhancing its digital asset capabilities and global payment solutions, according to Cryptonews.
Andreessen Horowitz Invests in Pakistan's Zar Stablecoin Initiative
Andreessen Horowitz leads a $12.9 million funding round for Zar, a fintech startup in Pakistan, to facilitate cash-to-stablecoin conversions in emerging markets.
Chainlink (LINK) Boosts Transparency for Gold-Backed Stablecoin GLDY with Streamex Partnership
Streamex Corp. partners with Chainlink to enhance transparency and cross-chain functionality for the gold-backed stablecoin GLDY, utilizing Chainlink’s Proof of Reserve and CCIP.
Fireblocks Revolutionizes Stablecoin Infrastructure for Institutional Adoption
Fireblocks is enabling institutions to scale stablecoin adoption through advanced wallet infrastructure and a connected payments network, according to their latest report.
Japan's First Yen-Pegged Stablecoin JPYC Launches Amid Financial Evolution
JPYC, Japan's first yen-backed stablecoin, officially launches, marking a significant step in the country's shift towards blockchain-based finance.
FedNow vs. Stablecoin Rails: The Dual-Dollar Dilemma and Future of U.S. Payments
The U.S. is facing a "dual-dollar" dilemma as the FedNow instant payment system competes with stablecoin rails. FedNow offers real-time domestic transfers, while stablecoins enable global, cost-effective transactions. Industry consensus suggests both can coexist, serving distinct payment needs with implications for dollar dominance and international finance.
Solana Faces Market Challenges as Digitap Aims to Revolutionize Payments
Solana's price struggles below $200 while Digitap emerges as a potential leader in digital payments, leveraging AI and stablecoins for seamless transactions.
Paxos Integrates USDG Payroll with Toku for Seamless Employee Transactions
Paxos collaborates with Toku to enable employees to receive salaries in USDG through existing payroll systems, enhancing the accessibility of stablecoins.