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Stablecoins
Avanti's Caitlin Long on the Crypto Bank's $37M Raise
Avanti Bank CEO Caitlin Long joins “All About Bitcoin” to discuss plans for the bank's launch after raising $37M. Long explains what sets Avanti apart from banks with the Office of the Comptroller of the Currency's (OCC) approval to be federally chartered. Plus, her thoughts on Visa’s decision to allow settlement transactions in stablecoin USDC.
Visa Now Allows Payments to Be Settled Using Crypto on Ethereum Blockchain
It's a big win for mainstream crypto acceptance: Visa processed a payment in USD Coin (USDC), a stablecoin, on the Ethereum blockchain and plans to roll out the service to its partners later this year. "The Hash" panel weighs in on the significance of Visa's move and what it might mean for crypto as a whole.
Sam Bankman-Fried on FTX's Naming Rights for Miami Heat Arena, NFTs and Visa's Crypto Future
Bitcoin billionaire and FTX CEO Sam Bankman-Fried joins "First Mover" to discuss FTX's $135M deal to win the naming rights for the Miami Heat arena and how he thinks it will benefit FTX. Plus, his thoughts on DeFi, the NFT boom and Visa's decision to allow settlement transactions in stablecoin USDC.
Microsoft President Says Fintech Firms Should Leave Digital Currencies to Governments
"We’re not a bank and we don’t want to become a bank and we don’t want to compete with our customers who are banks," said Brad Smith.
Brian Brooks: Does the Digital Dollar Have to Be Built by the Government?
Former Acting Comptroller of the Currency Brian Brooks reacts to Powell’s and Yellen’s comments on the digital dollar project, saying a “government-issued digital dollar doesn’t fulfill the promise of a network-based economy … the way that private stablecoins do.” Brooks says that “most good things in our lives were built by the private sector.
Tether Will Evolve and Become More Transparent or It Will Be Supplanted: Tether Co-Founder William Quigley
Tether co-founder William Quigley joins "First Mover" to discuss his new NFT-focused venture. Calling for audits and more transparency by Tether, Quickly also answers questions that remain following the New York Attorney General's case involving Tether, the world's largest stablecoin by market value.
Can Decentralized Stablecoins Stabilize?
Efforts to create decentralized stablecoins outside the dollar system are attractive for privacy reasons but may be impractical, says our columnist.
Thai Central Bank to Regulate Stablecoins This Year
The central bank warned a Thai baht-denominated stablecoin is a threat to the stability of the currency system.
