OFAC sanctions stablecoin ruble A7A5, 13% fall
The United States sanctioned the ruble-anchored stablecoin A7A5. Since OFAC's announcement, the token has lost 13% of its value.
Stablecoins
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
50 Posts
Chinese Stablecoin Strategy: Between Control and Ambition
Hong Kong leads China's stablecoin experiment between global ambitions and regulatory control.
BlackRock Targets Stablecoins After US Law
BlackRock sees stablecoins as the future of finance after the GENIUS law passed in the US.
Euro Stablecoin Close To 100 Billion Capitalisation
Euro stablecoins are growing rapidly and approaching a capitalisation of $100 billion.
Western Union Enters the World of Crypto and Web3
Western Union enters the crypto sector: stablecoins, digital wallets and blockchain services on the way.
USDG: The First Regulated MiCA Stablecoin
Paxos launches USDG, the first MiCA-regulated stablecoin, marked by transparency, FMA licensing and full compliance with EU regulations.
Standard Chartered focuses on crypto and stablecoin trading
Standard Chartered launches spot trading of Bitcoin and Ethereum, but investors' attention quickly shifts to stablecoins.
UK and US divided on stablecoins, BoE warning
The Governor of the Bank of England harshly criticises stablecoins, widening the gap with the favourable approach of the US.
South Korea: Won-anchored Stablecoin Coming Soon
Major South Korean banks launch a stablecoin pegged to the won to counter the growth of foreign stable currencies.
×
