Today, Bermuda became the first government to accept payments for taxes, fees and other government services using USD Coin (USDC).
The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.
A key worry for some is whether libra competes with sovereign currencies like the dollar.
The OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.
The US Office of the Comptroller of the Currency (OCC) is allowing national banks and federal savings associations to hold reserves for stablecoin issuers.
KPMG has declared Bitcoin et al not ready to be classified as real currencies, and that using Bitcoin as a store of value is a “fool’s errand.”
USD Coin, the stablecoin issued by Jeremy Allaire's Circle, has more use cases than Libra and is built on a blockchain-agnostic platform.
Facebook Inc , facing growing skepticism about its digital currency project Libr...
Not all people understand how digital currencies have value, but others see crypto, especially stablecoins, as being even better than traditional money. Here’s why.
Since BitPay is now settling with three stablecoins, we wanted to take more time to explain why we are using these stablecoins. In short, technology like this is why BitPay exists.
Kevin O’Leary said that cryptocurrencies are non-compliant, and as such are not useful for paying taxes or being used as a currency.
Stablecoins were meant to be everything that bitcoin wasn’t. Of course, they would be stable in value where crypto wasn’t. They would be crypto without the fun, lacking the volatility that ...