https://www.youtube.com/watch?v=_3yNLxgHv3A
by Allan Staple with The Staple Crew. Altcoin Daily https://www.youtube.com/@AltcoinDailyDavid Lin https://www.youtube.com/@TheDavidLinReport/videos Crypto M

https://www.reuters.com/technology/us-fed-clarifies-process-banks-transact-stablecoins-2023-08-08/
State banks that are a member of the U.S. Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to

https://www.investopedia.com/terms/s/stablecoin.asp
Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins are more useful than volatile cryptocurrencies as a medium of exchange. Stablecoins

https://bitpay.com/blog/guide-to-stablecoins/
Stablecoins are a type of cryptocurrency designed to offer the flexibility of digital assets with the price stability of fiat currency. Their value is fixed, usually on a 1:1 basis with the U.S. dollar. This means that a single unit of a stablecoin is worth exactly one dollar at all times. Anytime the price peg is threatened, the issuing

https://www.forbes.com/sites/digital-assets/2024/03/29/stablecoins-what-are-they-used-for/
In other words, stablecoins are fully collateralized. Stablecoins are useful because they offer instant transfers, self-custody, and peer-to-peer payments all powered by the blockchain. However

https://thestaplecrew.substack.com/p/one-day-all-banking-will-be-stable
One day all banking will be stable coins! by Allan Staple with The Staple Crew. The Staple Crew. Apr 06, 2024. Share this post. One day all banking will be stable coins! thestaplecrew.substack.com.

https://cointelegraph.com/news/how-to-use-stablecoins-for-everyday-transactions
Stablecoins are a subset of digital currencies whose value is fixed to a reserve asset, like a fiat currency or commodity. They stand apart from the frequent price volatility associated with

https://www.coindesk.com/learn/whats-the-point-of-stablecoins-understanding-why-they-exist/
Stablecoins make true peer-to-peer digital transfers possible without the need for third-party intermediaries to facilitate transactions. In theory, stablecoins cut down on the fees, transfer time

https://www.coindesk.com/learn/what-is-a-stablecoin/
Stablecoin (Gerd Altmann/Pixabay) Stablecoins are a type of cryptocurrency whose value is tied to another asset class to keep a stable, steady value. The most popular kind of stablecoins are fiat

https://www.coinbase.com/learn/crypto-basics/what-is-a-stablecoin
Stablecoins are a type of cryptocurrency whose value is pegged to another asset, such as a fiat currency or gold, to maintain a stable price. They strive to provide an alternative to the high volatility of popular cryptocurrencies, making them potentially more suitable for common transactions. Stablecoins can be utilized in various blockchain-based financial services and can even be used to

https://thefinancialbrand.com/news/cryptocurrency-banking/how-banks-will-mint-their-own-stablecoins-129207/
In early 2022 commercial banking interests came together to begin working toward bank-issued stablecoins, a new phenomenon in this segment of digital currency. The USDF Consortium is a group of FDIC-insured banks that is developing a stablecoin — USDF — that will be backed on a 1:1 basis by U.S. dollar reserves held by the consortium

https://www.forbes.com/advisor/investing/cryptocurrency/stablecoins/
But there's one type of crypto specifically designed to offer a steady price: stablecoins. A stablecoin is a cryptocurrency whose value is pegged to the price of another asset, hence the term

https://theconversation.com/what-are-stablecoins-a-blockchain-expert-explains-164812
A blockchain expert explains. Stablecoins are a type of cryptocurrency linked to an asset like the U.S. dollar that doesn't change much in value. The majority of the dozens of stablecoins that

https://www.bankofengland.co.uk/explainers/what-are-stablecoins-and-how-do-they-work?sf183447653=1
A stablecoin is a form of digital asset that can be used to make payments. It isn't like the cash you carry, or the money in your bank which is held on a central record by your bank. It is an asset that could be created, for example, by a technology company, rather than by a bank. Stablecoins are backed by a specified asset or basket of assets

https://www.tradestation.com/learn/market-basics/cryptocurrencies/market-specifications/what-are-stablecoins/
What Are Stablecoins? Oct 22, 2020. Stablecoins are a type of cryptocurrency. Unlike most crypto coins, stablecoins aim to sustain a consistent trading price and stable valuation. To do so, they are backed by relatively stable external assets or collateral, like the U.S. dollar (USD) or gold.

https://www.coinbase.com/en-gb/learn/crypto-basics/plp-what-is-a-stablecoin
Stablecoins are cryptocurrency tokens, so they all run on a blockchain, often Ethereum. To deliver stability, they need to have either an asset backing them up that everyone agrees has value, or a promise of credit from an extremely reliable and trusted source. For instance, the value of the USD Coin (USDC) is meant to stay as close as possible

https://www.federalreserve.gov/econres/ifdp/stablecoins-growth-potential-and-impact-on-banking.htm
Stablecoins have experienced tremendous growth in the past year, serving as a possible breakthrough innovation in the future of payments. In this paper, we discuss the current use cases and growth opportunities of stablecoins, and we analyze the potential for stablecoins to broadly impact the banking system. The impact of stablecoin adoption on

https://www.investopedia.com/federally-chartered-banks-can-use-stablecoins-occ-5094500
Published January 06, 2021. The Office of the Comptroller of the Currency (OCC) has issued an interpretive letter allowing federally chartered banks to use stablecoins, or cryptocurrencies with

https://www.newsweek.com/vault/investing/cryptocurrency/what-are-stablecoins/
One factor that plays into which stablecoin will be right for you is what coins are offered by your crypto exchange of choice. Many of the top exchanges today offer all the most popular stablecoins.

https://finbold.com/guide/stablecoins/
Why use stablecoins? Despite some crypto crashes such as those that happened in January 2022, when the overall cryptocurrency market cap dropped to around $2 trillion, stablecoins, with a value pegged to another asset, such as the U.S. dollar, are starting to prove a good alternative. Amid the 2023 banking crisis and the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank

https://www.coindesk.com/opinion/2023/12/13/the-tether-killer-a-true-stablecoin-would-enhance-banking-and-crypto/
The serious, potentially fatal flaw with a stablecoin like Tether is the potential for a "run on the bank." Any stablecoin that invests in anything other than U.S. dollars in a bank account

https://www.forbes.com/sites/tatianakoffman/2019/03/08/stablecoins-the-next-generation-of-digital-money/
The issuing company holds assets in a bank account or vault (or works with a third party provider that does so on their behalf). The coins represent a claim on the underlying assets.

https://www.federalreserve.gov/econres/notes/feds-notes/the-stable-in-stablecoins-accessible-20221216.htm
The stable in stablecoins, Accessible Data. Figure 1. Market cap by stablecoin. Figure 1 shows the market capitalization of the five largest stablecoins since 2020, compared with all others aggregated. Tether is the largest, USD Circle the second, Binance USD the third as of November 14th, 2022. The x axis ranges from January 2021 to November

https://clsbluesky.law.columbia.edu/2024/06/21/why-stablecoins-and-central-bank-digital-currencies-need-to-co-exist/
It is not all coined or printed by a government; a significant portion originates with private-sector entities like banks, against which other private parties have contractual claims. ... coexistence of private and public money in the advent of digital-asset innovations such as stablecoins and central bank digital currencies ... For one thing

https://www.reddit.com/r/CryptoCurrency/comments/137uw84/banks_always_will_be_less_stable_riskier_than/
In crypto only risk of fractional reserve, except stablecoins is using CEX. No one can be sure exchanges hold 100% of crypto they should have and most of them actually don't. They do with your coins the same thing as banks with money. They use more than they actually have.

https://www.usnews.com/banking/articles/want-to-cash-in-your-coins-your-bank-may-be-the-best-place
Coinstar: Fees vary by location, but you'll pay an 11.9% processing fee if you turn your coins into cash. You won't pay a fee if you opt for an e-gift card to one of more than 20 stores and