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Stablecoins gain currency among crypto investors
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Indian crypto investors are turning towards stablecoins that are pegged to real world currencies like US dollars as a hedge against rising volatility in Bitcoin and other alt coins like Ethereum, Solano, Polkadot, and Shiba Inu, even as the Indian government moves to regulate or ban crypto assets.Stablecoins like Tether (USDT), USD Coin (USDC) and Binance (BUSD) pin their value to the US dollar with a 1:1 conversion rate and are designed to
. Read more on economictimes.indiatimes.comAbout this in other media
US Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system cointelegraph.com /3 years ago
Senate hearing on stablecoins: Compliance anxiety and Republican pushback cointelegraph.com /3 years ago
Witnesses offer differing opinions on approach to stablecoins at congressional hearing cointelegraph.com /3 years ago
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