In our “Stablecoin” section, we cover news and developments related to stable cryptocurrencies pegged to fiat currencies or other assets. Here you will find information about popular stablecoins, their mechanisms, and their role in the crypto economy. Read the “Stablecoin” section on ForkNews to stay informed about the stablecoin market.
Tether (USDT) maintains leadership in the stablecoin market. Almost half of Bitcoin transactions are paired with USDT.
Cardano is set to roll out its first stablecoin, Djed, soon.
The market capitalization of stablecoins increased throughout 2021, surpassing $120 billion by September.
The issuer of the USDC stablecoin, Circle, has decided to convert its entire reserve into cash.
Facebook's head of blockchain and fintech, David Marcus, spoke about the process of working on the Novi wallet.
Novi Financial, formerly known as Calibra, plans to collaborate with existing stablecoins.
The largest state bank in Russia, Sberbank, has submitted an application to the Bank of Russia to register its own blockchain platform.
The first regulated stablecoin pegged to the euro will be issued by one of the oldest banks in the world - Bankhaus von der Heydt (BVDH)
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