All by tag: Stablecoin

Experts found two addresses, allegedly associated with projects, from which the attackers have already transferred 20 million BUSD stablecoins

The deal will go through a merger with a SPAC company to bypass the IPO procedure

In June, 75,6% of reserves were in US Treasury bonds, and 24,4% were in cash at regulated financial institutions

Users have 10% of the assets on their balances available except for flexUSD

The integration will reduce the fee cost and speed up asset transactions

The bank called the rapid development of the crypto market a threat to financial stability, which requires the urgent introduction of control measures

Global regulators have signed a proposal to control the stablecoin sector, which had been under consideration since October 2021

The platform also intends to attract large investors to unfreeze customer funds, they have been invited to invest in equity

Lael Brainard advocated international cooperation between financial regulators to combat the cross-border reach of the crypto industry

A stablecoin will be backed by a diversified set of crypto assets, chosen at the users’ discretion

The ministry noted that it views the initiative positively, as it can make it easier for businesses to operate

Shytoshi Kusama pointed out that the project team takes into account the problems faced by previously released stablecoins