A financial institution focused on digital assets says it has successfully completed the world’s first eCommerce transaction using a bank-issued stablecoin.
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The Financial Action Task Force fears 'so-called stablecoins' could scrub its money laundering efforts (Photo: Wikimedia Commons).FATF calls for clampdown on ‘so-called stablecoins’ in new report
The Financial Action Task Force warns stablecoins have a ‘propensity for mass adoption makes them more vulnerable to be used by criminals and terrorists’
When a powerful international financial oversight body releases a report on “so-called stablecoins,” you just know it isn’t going to be comfortable reading.
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Dazaar offers content creators decentralized payment with no cut at all
Dazaar says those who create and monetize content on its platform will keep 100% of their profits—and they can be paid in a crypto or fiat of their choice
The peer-to-peer, open-source protocol said it wants to help individuals and organizations monetize ideas and data by allowing them to reach their desired audience without relying on a middleman. In a twist from rival platforms, users will be able to choose exactly how they get paid rather than relying on a platform-specific token.
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Circle, Coinbase say USD Coin passes $1B
The market cap milestone makes the USDC stablecoin a contender in a ring dominated by Tether
Working together as the Centre Consortium, the firms claimed in a blog post that USDC reached that milestone quicker than any other digital dollar stablecoin. Most of that increase came on June 22, when the supply jumped from about $731 million to $920 million—rising by about one-third.
