How stablecoins improve US dollar utility — Paxos CEO
Paxos co-founder and CEO Charles Cascarilla said stablecoins pull people into Web3 because they solve problems. Source link
Stablecoins on shaky ground? US council calls on Congress to enact crypto oversight
The Financial Services Oversight Council (FSOC) is urging Congress to pass legislation that establishes a comprehensive federal framework for regulating stablecoin issuers. A government organization — established by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 — published a report on Friday, Dec. 6, detailing what it perceives as a growing threat […]
Tether to invest in Quantoz to support MiCA-compliant stablecoins
Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the issuance of the fiat-referenced e-money tokens. Quantoz, licensed as an Electronic Money Institution by the […]
Bitcoin price metrics and ‘influx’ of stablecoins to exchanges hint at rally continuation
Analysts say a “higher than normal influx of stablecoins to exchanges is just one sign that traders are preparing for the next leg of the Bitcoin rally. Source link
