Global Watchdog Says Stablecoins Could “Spark The Mass Adoption of Cryptocurrencies”

Global Watchdog Says Stablecoins Could “Spark The Mass Adoption of Cryptocurrencies”

A recent Reuters article is reporting that the Financial Action Task Force (FATF) believes stablecoins may take crypto mainstream. Furthermore, the FATF is now warning that this may create issues for global anti-money laundering measures. Are stablecoins going to pave the way for mass adoption of crypto? The Financial Action Task Force is a Paris-based, … Continue reading Global Watchdog Says Stablecoins Could “Spark The Mass Adoption of Cryptocurrencies”

IBM Signs 6 Banks to Issue Stablecoins and Use XLM on Stellar’s Blockchain

IBM Signs 6 Banks to Issue Stablecoins and Use XLM on Stellar's Blockchain

Earlier today, IBM officially revealed the launch of its ambitious project ”IMB Blockchain World Wire”. Specifically, World Wire is a payment network which utilizes the Stellar blockchain. Moreover, this network aims to facilitate cross-border transactions for regulated institutions. Six banks have already signed letters of intent to issue stablecoins Perhaps most notably, IBM also announced … Continue reading IBM Signs 6 Banks to Issue Stablecoins and Use XLM on Stellar’s Blockchain