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Stablecoin
Powell Says Fed Will Release Crypto Report 'Within Weeks'
During his Senate confirmation hearing on Tuesday, the Fed chairman also said a CBDC wouldn't necessarily lead to a ban on private stablecoins.
PayPal Exploring Creating Its Own Stablecoin as Crypto Business Grows
PayPal is looking into launching its own stablecoin as the company grows its crypto business. Hidden code in its iPhone app shows a potential “PayPal Coin” would be backed by the U.S. dollar. “The Hash” panel discusses Paypal’s latest crypto efforts, potentially bringing mainstream blockchain awareness.
PayPal Is Exploring Creating Its Own Stablecoin as Crypto Business Grows
Hidden code in the company’s iPhone app shows that a potential “PayPal Coin” would be backed by the U.S. dollar.
A16z Publishes Web 3 Policy Proposal for World Leaders
The venture capital firm has already spoken with “key leaders on every populated continent,” according to a16z’s Global Head of Policy Tomicah Tillemann.
Why Tether Freezing Over $1M Worth of USDT Belonging to 1 Address Matters
Stablecoin issuer Tether froze over $1 million worth of USDT belonging to a single address. "The Hash" host Naomi Brockwell uses this news to point out "all these stablecoins are freezable at the protocol level." The hosts dive into trade-off risks between centralized versus algorithmic stablecoins like Terra's UST.
The Evolution of DAO And What Mainstream Media Gets Wrong About Crypto
Matt Leising, the co-founder of blockchain tech firm DeCential, discusses the potentially false narratives about crypto in the media. Plus, insights into the evolution of decentralized autonomous organizations (DAOs), thoughts on the ConstitutionDAO project, and views on stablecoins.
Crypto Crash Hits Korean Game Developers; Rug-Pull Red Flags
Japan’s financial regulator seeks limits on domestic stablecoin issuance. Korean game developers hit by crypto flash crash. How to spot rug-pull red flags. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
DeFi’s Decentralization Is an Illusion: BIS Quarterly Review
The BIS review dedicated a special feature to discussing decentralized finance and its implications for financial stability.
Universal Stablecoins, the End of Cash and CBDCs: 5 Predictions for the Future of Money
Decentralized and centralized finance will blur together, El Salvador will be a reality check, and cash and CBDCs will fade away.
Canada Needs a Loonie-Linked Digital Currency, Policy Experts Say
Policy think tank C.D. Howe Institute sees Canadian-dollar-linked stablecoins, issued by the Bank of Canada, becoming attractive to Canadians by making them convertible into cash.
