Stablecoin Payments Test by UK Group
A group of private companies called the Digital FMI Consortium would start Stablecoin Payments in October and keep it going for at least a year. A group of private companies called the Digital FMI Consortium said it plans to test international Stablecoin Payments using its own stablecoin, dSterling, which is backed by sterling and will […]
Scientists claim to have developed completely decentralized stablecoins tied to electricity
Stablecoins may be used for transactions or burned for electricity for a charge which would be governed by smart contracts. Electricity transmissio n might be made almost free with the E-Stablecoin, but it would necessitate a number of scientific developments now underway. The Electricity Stablecoin (E-Stablecoin) was designed by researchers at the government-sponsored Lawrence Livermore National Laboratory in California, who used statistical mechanics and information theory […]
Human Rights Activists Support Crypto In A Letter To The U.S. Congress
“Tens of millions” rely on Bitcoin (BTC) and stablecoins to access financial tools, 21 activists said. Human rights activists from 20 countries have written an open letter to the US Congress in support of a “responsible crypto policy” and to praise Bitcoin and stablecoins as essential tools for tens of millions of people. The letter […]
US Lawmakers Introduce Bipartisan Bill To Give CFTC Authority Over Crypto Exchanges And Stablecoin
The Digital Commodity Exchange Act would empower the commodities regulator to set rules for cryptocurrency developers and crypto exchanges that offer spot trading. On April 28, a bipartisan group of lawmakers in Washington, D.C. introduced an updated bill to regulate cryptocurrency developers, dealers, exchanges, and stablecoin providers, bringing them under the jurisdiction of the US […]
Justin Sun announces launch of decentralized stablecoin USDD
According to announcement on Twitter, Justin Sun, the founder of Tron, has announced the launch of USDD, a decentralized algorithmic stablecoin that might help decentralize the most centralized zone in the blockchain world. The new decentralized stablecoin will be available on Tron on May 5th, according to the release. The Stablecoin’s Specifications Traditional stablecoins like […]