{"id":18751,"date":"2023-01-28T04:18:55","date_gmt":"2023-01-28T12:18:55","guid":{"rendered":"https:\/\/coinnetworknews.com\/traditional-banks-set-to-dominate-crypto-stablecoin-market-as-regulatory-certainty-grows\/"},"modified":"2023-01-28T04:18:55","modified_gmt":"2023-01-28T12:18:55","slug":"traditional-banks-set-to-dominate-crypto-stablecoin-market-as-regulatory-certainty-grows","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/traditional-banks-set-to-dominate-crypto-stablecoin-market-as-regulatory-certainty-grows\/","title":{"rendered":"Traditional Banks Set to Dominate Crypto Stablecoin Market as Regulatory Certainty Grows"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.coindesk.com\/resizer\/BavUPlClxy2kLJQ2l6Kgt47Sx8Y=\/800x600\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/Z2EFCSJU3ZHH3PZJQQ5MVYMNKE.jpg\" \/><\/p>\n<div>\n<p>Algorithmic stablecoins use self-regulating mechanisms to keep their private stablecoins pegged to another currency, a system that has had a rocky history. Typically, on-chain collateral consists of cryptocurrencies like BTC or ETH, fiat-backed stablecoins like USDC or USDT and a few nascent traditional financial assets brought on-chain (for example, there is a tokenized money market fund on Stellar, a tokenized green bond on Ethereum and some other efforts to tokenize traditional financial assets).<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.coindesk.com\/consensus-magazine\/2023\/01\/27\/fiat-backed-stablecoins-crypto-stablecoin-market\/?utm_medium=referral&#038;utm_source=rss&#038;utm_campaign=headlines\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Algorithmic stablecoins use self-regulating mechanisms to keep their private stablecoins pegged to another currency, a system that has had a rocky history. Typically, on-chain collateral consists of cryptocurrencies like BTC or ETH, fiat-backed stablecoins like USDC or USDT and a few nascent traditional financial assets brought on-chain (for example, there is a tokenized money market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,56],"tags":[241,898,13,897,899,28,78,272,397,873],"_links":{"self":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/18751"}],"collection":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/comments?post=18751"}],"version-history":[{"count":0,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/18751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media\/18752"}],"wp:attachment":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media?parent=18751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/categories?post=18751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/tags?post=18751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}