Tag: stablecoins
Germany’s Scholz: We cannot accept parallel currencies such as Facebook’s Libra
Facebook’s planned Libra is the most well-known of the stablecoins, a certain form of cryptocurrency backed by assets such as traditional money deposits, short-term government securities or gold.
“We cannot accept a parallel currency,” Scholz said during a panel discussion in Berlin. “You have to...
Huobi Launches HUSD
In the spirit of putting our users' needs first, Huobi Global is proud to announce the launch of HUSD, its all-in-one stablecoin solution. Exclusive to Huobi Global's exchanges and a first for the market, HUSD allows users to make deposits and withdrawals in any...