When Facebook Inc. developed Libra, its planned digital currency, it decided to focus on one version of the crypto world known as stablecoins. They’re not the biggest or best-known players in the field pioneered by Bitcoin. But to the broad range of companies partnering with Facebook on Libra, stablecoins seem promising as a possible bridge between the existing world of government-issued money and a crypto-based future.
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Business, Washington Post: Business
Tue, 06/18/2019 - 9:39am
BING NEWS:
- Fully Backed Stablecoins Do Not Need Complex Federal Regulation
Issuing fully backed stablecoins does not create new money. It merely tokenizes existing money. There is no reason to regulate these issuers as if they are banks.
05/2/2024 - 5:22 am | View Link - Stablecoins are starting to win the payments use case
The range of use-cases for stablecoins is significant. For Stripe, they serve as a settlement layer that allows customers to pay for services cheaply and quickly. Consumers choose payments in ...
04/28/2024 - 9:39 pm | View Link - 23 Blockchain Predictions for 2023
The majority of emerging policy will be around centralized exchanges and stablecoins ... but a credible path. The vision for Filecoin has always been larger than storage. The project’s community ...
12/19/2022 - 10:09 am | View Link - How to Avoid Getting Rekt by Crypto Taxes
However, the tax impacts of the good, the bad and the ugly events are often overlooked, for three main reasons: Finally, taxpayers lead themselves down a false path ... or choose to deal with ...
02/21/2022 - 1:32 pm | View Link - More
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