Tag: stablecoins

According to a CNBC report, payment giant Visa users spent more than $1 billion worth of cryptocurrency assets globally on goods and services through their crypto-linked cards in the first…

While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems.

“Global stablecoins may bring risks and challenges to the international monetary system,” said PBOC’s Fan Yifei.

London-based hedge fund that’s been working since 1997 now intends to make a foray in the cryptocurrency sector

June 2021 was not a profitable trading period for most cryptocurrencies, including Bitcoin. During the month, Bitcoin hit a 30-day low of $28,893, the price it last touched on December…

Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry.

TL;DR Breakdown Europe can’t depend on the digital blockchain technology of other nations. Digital Euro is a necessity for Europe to avoid dependence and lead others.

TL;DR Breakdown Recently, we saw an increase in the worth of the USD by 0.05 percent. It is often seen that traders have no fear of this fluctuation of fiat.