Moody’s to Introduce Scoring System for Stablecoins
Leading financial institution Moody’s Corporation is reportedly working on a scoring system for up to 20 stablecoins.
Leading financial institution Moody’s Corporation is reportedly working on a scoring system for up to 20 stablecoins.
King dollar’s dominance of global trade faces new threats in the form of currency projects led by countries from China and Russia to India, Iran and Brazil.
Leading on-chain data vendor IntoTheBlock shares inspiring ‘reversal’ statistics for cryptocurrency bulls
The credit rating agency is reportedly turning its attention to stablecoins, developing a scoring system for up to 20 cryptocurrencies.
The third largest stablecoin, Binnace’s BUSD, has seen its circulating supply drop by a margin of $7 billion in less than a month. According to aggregate data provided by Coingecko,…
French Hill, a Republican, said the newly formed subcommittee on digital assets will look to tackle stablecoins first.
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
Moody’s Corp., one of the world’s leading rating agencies, will start looking at how it can ascertain the risk and health of stablecoins, Bloomberg News reported January 26.
In updating Djed’s progress, COTI gave “next week” as the scheduled launch date for the Cardano-based stablecoin.
Circle had grand plans to go public with an IPO worth an estimated $9 billion. However, the company claims the U.S. financial regulator scuppered those plans.