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About Stablecoin News

Stablecoins are a set of cryptocurrencies that are backed by reserved assets and strive to offer price stability. Stablecoins have gained attention as they attempt to provide the best of both worlds — privacy of payments of cryptocurrencies and security and instant processing. Stablecoins gained attention because they offered more stability than other crypto coins. If you are a crypto enthusiast looking for the latest stable coin news, then Cryptoknowmics is the best platform. Cryptoknowmics is a leading platform the provides the most relevant information on crypto-usdt news.

SEC Chair Gary Gensler Suggests Stablecoins Are Securities
SEC Chair Gary Gensler Suggests Stablecoins Are Securities

For months now, regulators in the US have been calling for stricter monitoring of stablecoins. But this week saw the str ...

|Jul 22, 2021, 2:30 pm
PayU Buys CELO Tokens To Launch A Stablecoin Payment Scheme
PayU Buys CELO Tokens To Launch A Stablecoin Payment Scheme

PayU has announced a "large purchase" of CELO, the utility and governance token native to the Celo blockchain, to launch ...

|Jul 22, 2021, 3:06 am
Circle Reveals USDC is Mostly Backed By Cash and Cash Equivalents
Circle Reveals USDC is Mostly Backed By Cash and Cash Equivalents

Digital currency company Circle revealed on Tuesday that 61% of the USDC stablecoin is backed by cash and cash equivalen ...

|Jul 21, 2021, 8:30 am
Tether Hasn’t Minted USDT for Weeks But Its CTO Remains Unbothered
Tether Hasn’t Minted USDT for Weeks But Its CTO Remains Unbothered

The world’s largest stablecoin, Tether, has not printed a single new USDT on the Ethereum network for weeks, and its riv ...

|Jul 19, 2021, 3:00 am
Fed and Yale Researchers Take Note of Stablecoins in Paper on CBDCs
Fed and Yale Researchers Take Note of Stablecoins in Paper on CBDCs

The Federal Reserve has repeatedly highlighted the risks involved in cryptocurrencies, especially stablecoins. Now, one ...

|Jul 19, 2021, 2:00 am
LUNA Technical Analysis: With Bullish Indicators, May Cross Fibonacci Pivot Resistance Level of $7.90 Soon
LUNA Technical Analysis: With Bullish Indicators, May Cross Fibonacci Pivot Resistance Level of $7.90 Soon

According to Terra (LUNA)'s white paper, it offers fast, and affordable settlements, and uses stablecoins to power a pri ...

|Jul 9, 2021, 7:00 am
Fitch Rating Agency Warns the Growth of Stablecoins Could Lead to Weakening of the Credit Market
Fitch Rating Agency Warns the Growth of Stablecoins Could Lead to Weakening of the Credit Market

As mentioned in a commentary note by the rating agency Fitch Ratings, the growth of those stablecoins that lacks backing ...

|Jul 5, 2021, 2:30 pm
USDC Stablecoin Will Soon Expand to 10 More Blockchain Networks
USDC Stablecoin Will Soon Expand to 10 More Blockchain Networks

USD Coin(USDC) could soon become available on 8 to 10 more blockchain networks, according to reports. This might be the ...

|Jun 30, 2021, 2:30 pm
Bank of England says Stablecoins Need the Same Ordinance as Banks
Bank of England says Stablecoins Need the Same Ordinance as Banks

The Bank of England has recently stated that stablecoins need to be regulated the same way as the payments are regulated ...

|Jun 8, 2021, 11:30 am
Tether Extracts More Coins to Reach $60 Billion Market Capitalization
Tether Extracts More Coins to Reach $60 Billion Market Capitalization

The largest stable coin in the world by market capitalization, Tether (USDT) has been constantly growing despite the rec ...

|May 25, 2021, 6:30 pm