Why It’s Important To Build Stablecoins On Bitcoin
Lightning Labs is building the ability to use stablecoins on the Lightning Network using the new Taro protocol due to demand in emerging markets.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Lightning Lab’s head of business development, Ryan Gentry, to talk about how the company is building the ability to use stablecoins on the Lightning Network with their new Taro protocol.Watch This Episode On YouTube Or RumbleListen To The Episode Here:AppleSpotifyGoogleLibsynQ: I want to talk about....
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ECB President Christine Lagarde has pushed back against the idea that Europe should answer dollar crypto stablecoin dominance by promoting euro-denominated stablecoins of its own, arguing instead that the region should build tokenised financial infrastructure anchored in central bank money. In a speech at the Banco de España LatAm Economic Forum in Roda de Bará, […]
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A close look at the policy issues relating to the potential impact of stablecoins on financial systems and economies around the world. Stablecoins present peculiar challenges to regulators. Although there is no single, agreed-upon definition of a stablecoin, the common denominator of the commonly used definitions is that stablecoins are designed to maintain a stable value in relation to a specified currency, asset or pool of such currencies/assets. They are contrasted with regular cryptocurrencies, which have no such stability mechanism and whose values tend to fluctuate, sometimes even....