Paxos co-founder and CEO Charles Cascarilla wants the US to allow stablecoin issuers to be registered and issued in other countries while enjoying cross-border regulatory clarity.

Stablecoin design takes many different forms, each with its own tradeoffs: - Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...

The Hong Kong dollar’s peg to the US currency is seen as a unique advantage for the city, as the majority of stablecoin trading activity happens through cryptocurrencies backed by the US dollar.

“There is both significant demand from end users in receiving US dollars, which can be near impossible using non-stablecoin rails, but also from senders who want to bypass the correspondent ...

The OCC now allows banks to offer crypto custody and stablecoin services without prior approval, streamlining digital asset integration. While banks gain more crypto flexibility, strong risk ...

Donald Trump endorsed stablecoin legislation and signed an executive order to create a U.S. Bitcoin Reserve. The White House met with crypto executives, including Coinbase CEO Brian Armstrong and ...

The decision by the National Treasury and Department of Human Settlements to cut the Urban Settlements Development Grant (USDG) to the tune of R540 million in the DA-run metros of Cape Town and ...

USD Coin (USDC) is a type of digital currency known as a stablecoin that is pegged to the U.S. dollar on a 1:1 ratio to reduce volatility. It’s issued by Circle, a fintech company based in Boston, ...

A cryptocurrency is a digital form of money. They are digital assets created to be used to pay for goods and services. Cryptocurrencies can be used as a store of value, unit of account and medium of ...