Tag: Stablecoin

CBDCs & StableCoins: Eliminating Volatiliy in a Centralized or Decentralized Crypto World

Central banks around the world are looking to explore the concept of virtual currency, Often referred to as central bank digital currencies, or CBDCs, this form of money poses its own set of challenges to overcome.  As society gravitates toward more modern technologies, products, and services, the financial industry will need to follow suit. For years, that industry has seen stagnation in terms of technological upgrades, but that situation is …
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Stablecoins on Bitcoin: The Time has Come for RIF On Chain

A Decentralized Stablecoin on Rootstock The stablecoin industry continues to grow and expand. Until now, most of these assets were issued on alternative blockchains such as Ethereum, Tron, OMNI, and EOS. The world’s leading cryptocurrency, Bitcoin, used to lack  the necessary protocols to support the creation of such an asset by default. Thanks to RSK, a smart contract platform on top of Bitcoin,, that is no longer the case. Its …
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DAI is now a Supported Asset on the Coinbase Card

Coinbase continues to explore its options in the cryptocurrency space. That also includes adding support for digital assets in any way possible. As far as the Coinbase Card is concerned, it has now received DAI stablecoin functionality. A Different Asset for the Coinbase Card It is the first time any stablecoin is supported on this payment card issued by the popular company. One could argue there are far more popular …
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ESCB Mulls the Concept of Creating a Euro-backed Stablecoin

Banks and other financial institutions are well aware of cryptocurrencies and digital assets. So much even that the European System of Central Banks may create its own Euro-backed stablecoin fairly soon. Although these plans are not officially confirmed, a recent communication shows the plan is at least being considered.  ECSB Takes Note of Digital Assets In recent years, the European Central Bank has remained relatively quiet regarding Bitcoin and other cryptocurrencies. …
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