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Built to fall? As the CBDC sun rises, stablecoins may catch a shadow

by Cointelegraph By Andrew Singern | Aug 12, 2022 | CBDC, china, Europe, Stablecoin, United States

Will central banks allow stablecoins to survive? Maybe as a financial instrument for the unbanked or they will be able to peacefully co-exist?

Brazilian payment app PicPay launches crypto exchange with Paxos

by CoinTelegraph By Helen Partz | Aug 12, 2022 | Brazil, Cryptocurrencies, Cryptocurrency Exchange, FinTech, Paxos, Stablecoin

The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin.

Vitalik: Centralized USDC could decide the future of contentious ETH hard forks

by Cointelegraph By Tom Mitchelhill | Aug 5, 2022 | Fork, Hard Fork, Stablecoin, Tether, USD Coin

Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become significant deciders in future hard forks.

Dollars on the Lightning Network: a boon for emerging markets?

by Cointelegraph By Joseph Hall | Aug 3, 2022 | Cryptocurrencies, Lightning Network, Stablecoin, USD Coin

An innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars.

Singaporean financial watchdog to consult public on stablecoin regulation

by Cointelegraph By David Attlee | Aug 2, 2022 | Singapore, Stablecoin, Terra

The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins.

Aave DAO approving overcollateralized stablecoin splits crypto community

by Cointelegraph By Prashant Jha | Aug 1, 2022 | Aave, Cryptocurrencies, lending, Stablecoin

Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor.
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