Tag: DollarBacked

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

The in-principle approval for a new Paxos Digital Singapore Pte. Ltd. entity from the Monetary Authority of Singapore allows the firm to offer its ser [...]
PayPal launches first dollar-backed stablecoin from a major U.S. financial institution

PayPal launches first dollar-backed stablecoin from a major U.S. financial institution

A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California.Justin Sullivan | Getty ImagesPayPal on Monday launched [...]
There's Now a Dollar-Backed Stablecoin on Bitcoin Using Ordinals … – ForexTV.com

There's Now a Dollar-Backed Stablecoin on Bitcoin Using Ordinals … – ForexTV.com

There's Now a Dollar-Backed Stablecoin on Bitcoin Using Ordinals ...  ForexTV.com forextv.com [...]
Stablecoin Issuer Stably Creates Dollar-Backed Token for Bitcoin Ordinals

Stablecoin Issuer Stably Creates Dollar-Backed Token for Bitcoin Ordinals

The company’s first bitcoin-linked stablecoin will have to fare better than its other stablecoin products if it wants to succeed in the long term. Sta [...]
Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin

Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin

BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt. www.coindes [...]
United Texas CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’

United Texas CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’

Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving st [...]
New York state releases guidance for issuing dollar-backed stablecoins

New York state releases guidance for issuing dollar-backed stablecoins

The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-r [...]
Fb’s Diem Undertaking to Launch a Greenback-backed Stablecoin

Fb’s Diem Undertaking to Launch a Greenback-backed Stablecoin

Fb is taken into account as one of many “Large 5” corporations – together with Amazon, Google, Apple, and Microsoft – dominating the united statesi [...]
Canadian financial institution plans to launch dollar-backed digital foreign money ‘within the coming months’

Canadian financial institution plans to launch dollar-backed digital foreign money ‘within the coming months’

In an announcement on Wednesday, VersaBank stated it plans to launch a digital foreign money referred to as VCAD, which can reportedly be backed by [...]
Stellar to Add Help for USDC Stablecoin, Opening Up Greenback-Backed Remittances

Stellar to Add Help for USDC Stablecoin, Opening Up Greenback-Backed Remittances

USDC is being added to its third blockchain: Stellar.Introduced Thursday through the Stellar Improvement Basis’s quarterly evaluate name, the addit [...]
Greenback-Backed Stablecoins Are Holding Their Personal Amid Coronavirus Chaos

Greenback-Backed Stablecoins Are Holding Their Personal Amid Coronavirus Chaos

As the worldwide equities markets proceed alongside their unsure path, most main stablecoins are holding as much as the "secure" a part of identify [...]
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