Stablecoins, which are cryptocurrencies with their price anchored to government-issued currencies, are increasingly popular for payments across the globe, offering a more efficient and cheaper way to move money. As countries roll out regulations for the asset class, more banks are getting interested in issuing their own stablecoin. Spanish bank BBVA, for example, said it plans to issue a stablecoin on Ethereum next year using payment firm Visa’s tokenization platform.
Related posts
-
Altcoins Shine as Crypto Economy Hits $3.29T: OM, XLM, ADA and XRP Drive the Frenzy
This week, the crypto economy soared to an astounding... -
Dogecoin Set To Skyrocket By Saturday, Warns Crypto Analyst
Este artículo también está disponible en español. Crypto analyst Kevin (@Kev_Capital_TA) has identified a bullish pennant... -
XRP Price Outlook Brightens: Expert Predicts $2 Target Post-Gensler Era
On Thursday, the XRP price soared to $1.41, marking its highest trading value in over three...