Stablecoins

According to an interpretive letter released from the United States Office of Comptroller of the Currency, federal banks are now free to hold reserve currencies for stablecoins such as Tether (USDT). The new interpretive letter released reads in part as...

A recent report has it that over 20% of all transactions on RippleNet, the Ripple’s global network of financial institutions, now involves the digital token XRP. There have been speculations over the number of Ripple’s network of banks and financial...

According to a senior executive at Ripple, XRP, the third-largest cryptocurrency by market capitalization, is not in any way competing with the central bank digital currencies (CBDCs) and Stablecoins, but rather contributing to their development. XRP Is Not Competing With...

The CEO of Binance, Changpeng Zhao, popularly known as CZ, has opined that 2020 altseason is here, believing that failure of Bitcoin (BTC) to print a meaningful price movement on either side over the past weeks, implies that it’s...

A recent report from a big media corporation, Bloomberg, shows that stablecoins such as Tether (USDT), the oldest, largest, and dollar-pegged stablecoin, may later displace Ethereum (ETH) to become the second-largest in the crypto market. Tether (USDT), a stablecoin introduced...

CTO at Ripple, David Schwartz has suppressed the FUD going around regarding the interest of Ripple, the San Francisco based blockchain, in creating its own stablecoin. This was brought to the notice of the XRP community by a supposed community...

The CEO of Binance, Changpeng Zhao, popularly known as CZ has pointed out that Charity and stablecoins have been the catalyst behind the notable crypto adoption globally. CZ made this known in the Virtual Blockchain Week. During the event, CZ...

The table of supremacy is beginning to turn in the cryptocurrency market. Tether (USDT), the largest stablecoin, has come from the rear to claim 4th position. The digital token now needs about $1.8 Billion to displace the third-largest cryptocurrency...

We look into how the proposed regulation of stablecoins could favor Bitcoin (BTC) and Ripple’s XRP, as Central Banks received recommendations to regulate, or better still, ban stablecoins. The recommendations were outlined by the Financial Stability Board (FSB). This agency...

XRP, the largest digital currency by market capitalization that is widely distributed by Ripple, the US-based blockchain tech, has had its utilities compared to stablecoins by Payments Canada in one of its publications, claiming that Ripple enables faster and...