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
-
Franklin Templeton Expands $410M Money Market Fund to Ethereum (ETH) Blockchain
Asset manager Grayscale, in a report in April, argued that Ethereum is “meaningfully decentralized and credibly... -
Bitcoin.com Now Live on Rumble: A New Era for Crypto Content
Bitcoin.com, a leading source for Bitcoin and cryptocurrency news, education, and tools, is thrilled to announce... -
Solana Rising: Key Metrics Hint At Serious Ethereum Competitor
The Solana blockchain network has been making tremendous strides and is on its way to catching...