STASIS Stablecoin Digest 13.09.2020
Main page Digest, Startups, CBDC, Stablecoins, Regulations

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Regulation and monetary policy

Blockchain platform commercializes digital bank guarantees in Australia

Australia gets more blockchain projects.

European crypto tax firms merge in bid to expand to North American markets

Another crypto merger targets tax reporting.

Bangladesh to get its first blockchain remittance service

Standard Chartered Bank has launched the first remittance service in Bangladesh.

Reuters: European States Call on Stricter Rules for Stablecoin Issuers

Main European countries, including Germany, the Netherlands and Italy have called on stricter regulation for stablecoin issuers in order "to protect consumers and preserve state sovereignty in monetary policy."

At least 3 nations to replace their currency with CBDC by 2030: report

The digital yuan will not unseat the US dollar — at least not right away.

US legislators approve bills for study of blockchain in commerce

The two bills will now go to the House of Representatives for a vote.

Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’

Banque de France Governor François Villeroy de Galhau warned about the threat of "Big Tech" stablecoins.

New Swiss laws provide solid ground for blockchain and crypto

Crypto and blockchain get better legal clarity in the alpine country.


USDC now capable of 1000 transactions per second with near-zero fees

The asset's new multichain partner makes it so.

USDC Stablecoin Supply Is up 250% in 2020. Here's Why

Supply of USDC, the Coinbase-backed stablecoin pegged to the US dollar, has grown 80% since July and is showing no signs of slowing down.

Tether Adds Support for Solana Blockchain

Stablecoin issuer Tether Limited has extended the range of supported blockchains with new decentralized network from Solana.

Analytics and opinions

Pandemic has accelerated adoption of digital currency: ECB President

EU residents are becoming more comfortable with digital and contactless payments.

Stablecoins post triple-digit growth in 2020, but institutional rivals loom

Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon.

Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap

A sharp correction in equities markets led bitcoin price and DeFi tokens to sell-off sharply but have investors turned bearish?

Maker seemingly gives up on Dai peg as interest rates are raised above 0%

It seems zero interest rates were not enough to keep DAI stable.

Powering DeFi market: Overview of the top 5 DEXs by total trade volume

As trading volumes across many top DEXs continue to soar, 2020 is shaping to be the year of DeFi tech.

Industry leaders say blockchain makes payment services more efficient

Is blockchain the solution in making payments more transparent and secure?

DeFi ain’t just about tokens, quality use cases to overcome challenges

Decentralized finance has taken the crypto world by storm, reshaping the space.

Small value crypto transfers in Africa have increased by 55%

Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year.

New projects, partnerships, and investments

Digital assets firm Cred eyes global expansion using Visa's network

Crypto borrowing and lending platform Cred has joined Visa’s Fintech Fast Track program to further the adoption of DeFi loans.

Mastercard Reveals Platform for Testing CBDC

Mastercard Inc., a global payments provider, has rolled out a virtual testing platform for financial regulators to examine central bank digital currency's (CBDC) use cases.

Ethereum Foundation announces $3.8M in new grants

The funds will go to 28 companies working on the Ethereum blockchain.

Yearn Finance Reveals StableCredit Protocol

A suite of decentralized finance (DeFi) products, Yearn Finance, focused on generating high risk-adjusted returns for depositors of various assets has introduced a new protocol called StableCredit.

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