‘Disruptive’ stablecoins and how they can ‘shock other markets as well’

The cumulative market cap of the three leading stablecoins has more than tripled from the beginning of the year to hit around $100 billion this week. Tether, USD Coin, and Binance USD‘s market caps have surged by 158%, 400%, and 742%, respectivel…

Do central banks have reason to be afraid of Bitcoin or ‘cryptoization’

Over the past few years, the general public (or investors per se) are getting more and more familiar with the idea of cryptocurrencies. The financial stigma surrounding Bitcoin and Ethereum is slowly being cleared out but central banks and various econ…

Crypto is an ‘enabler,’ but can Visa emerge as a ‘bridge’

Visa’s foray into crypto grabbed the public’s attention after it purchased a CryptoPunk NFT for $150,000. However, this wasn’t exactly Visa’s first encounter with the world of crypto. In fact, the payment giant now has ambitious plans ranging acr…

New IMF report calls crypto a ‘threat to global economy’

The International Monetary Fund (IMF) has recently released its new Global Financial Stability Report, in which the entire chapter was dedicated to the discussion about financial stability challenges posed by the accelerating crypto adoption.

The post New IMF report calls crypto a ‘threat to global economy’ appeared first on CryptoSlate.