Stellar Network launches Chilean Peso stablecoin
CLPX, a stablecoin pegged to the Chilean Peso that launched on Stellar this week, is aiming to gain popularity in the remittance and copper markets, among other things. It is now possible to use a stablecoin that is tied to the value of the Chilean Peso on the open-source Stellar payments network, but it has […]
Unstoppable Domains CEO forecasts that the stablecoin market will reach $1 trillion by 2025
Unstoppable Domains CEO Matthew Gould, an early crypto bull, predicts Bitcoin will not repeat its all-time high of $64,000 for at least a year. Despite the current regulatory uncertainties, Unstoppable Domains CEO Matthew Gould believes the private stablecoin business will explode in the next four years. Gould anticipated that the stablecoin market would surpass $1 […]
Japan calls for the regulations of Stablecoins
The digital currency market is seeing changes daily, after the United States called for a regulation of stablecoins, Japan has followed suit by also requiring regulations be made for stablecoins. Japanese officials are increasing up efforts to regulate digital currencies, particularly stablecoins, in recent development. According to Reuters, the Japanese government is keeping a close […]