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‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

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The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.

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Coin Market

Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis

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Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption. 

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Coin Market

Taurus, Chainlink collaborate to facilitate institutional tokenization

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Taurus teams up with Chainlink Labs to address challenges related to tokenized assets, including cross-chain mobility, data integration and security.

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Coin Market

Kraken to end Monero support in European Economic Area

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Monero’s price fell by 8% a day after Kraken announced it would stop supporting the privacy-focused cryptocurrency.

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