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.
Russia and Iran plan a gold-backed stablecoin, while Brazil and Argentina seek a shared currency. Here are 5 rising threats to the dollar’s dominance of global trade.
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.
All Major Stablecoins USDT, USDC, DAI Surging Again, Data Says
Leading on-chain data vendor IntoTheBlock shares inspiring ‘reversal’ statistics for cryptocurrency bulls
Moody’s Mulls Stablecoin Scores as Regulators Circle: Report
The credit rating agency is reportedly turning its attention to stablecoins, developing a scoring system for up to 20 cryptocurrencies.
Binance USD stablecoin loses $2 Billion in a Month, Token Mismanagement to Blame?
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,…
Stablecoin Regulation Is First on New Subcommittee’s To-Do List, Says Chairman
French Hill, a Republican, said the newly formed subcommittee on digital assets will look to tackle stablecoins first.
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
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 eyeing a scoring system for stablecoins
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.
COTI’s ‘overcollateralized stablecoin’ Djed set for final release next week
In updating Djed’s progress, COTI gave “next week” as the scheduled launch date for the Cardano-based stablecoin.
Stablecoin Issuer Circle Blames SEC for Quashing Plans to Go Public
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.
