Bitcoin Blocks Stablecoins 
CB Insights
FEBRUARY 16, 2021
But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis. While this can be exciting to witness, it also shows bitcoin’s massively unreliable nature — especially as a currency for goods and services. This is where stablecoins come into play. What are stablecoins? Why use stablecoins?
PYMNTS
NOVEMBER 19, 2020
Securities and Exchange Commission (SEC) Chairman Jay Clayton thinks inefficiencies in traditional payments are boosting favorability for bitcoin, a report from Coindesk says. Clayton, speaking on CNBC, said bitcoin's popularity came from that disappointment in mainstream payments.
Tearsheet
FEBRUARY 27, 2025
Fast-forward to today, a Bitcoin-focused product strategy within the lineup seems to be a safer bet. Take Block , for example. It has woven Bitcoin into its strategy over the past five years. By 2024, its stablecoin PYUSD initially launched on Ethereum expanded to Solana for faster, lower-cost transactions.
PYMNTS
SEPTEMBER 23, 2020
Origin unveiled a stablecoin for the Ethereum network dubbed the Origin Dollar (OUSD), according to a Medium post. Block by block, second by second, OUSD grows passively for you without requiring you to use other platforms,” the post stated. Tether debuted the concept of a stablecoin denominated in U.S. dollars in 2014.
PYMNTS
JULY 31, 2019
The Block reported that the comprehensive overview is expected to follow FCA’s draft proposals released at the beginning of the year, which explained that “any token that is not a security token, or an eMoney token is unregulated.” The Financial Conduct Authority (FCA) has issued updated guidance on the U.K.’s s cryptocurrency market.
PYMNTS
JULY 9, 2020
Authorities in China have confiscated bitcoin, ether and tether worth more than $15 million and luxury cars from those who allegedly ran a purported cryptocurrency scheme, CoinDesk reported. It will also contemplate a block “to comply with a law, regulation or legal order from a duly recognized U.S. authorized authority, U.S.
PYMNTS
DECEMBER 2, 2020
Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement. The BlockFi Bitcoin Rewards Credit Card , which will be available in the spring of 2021, will give 1.5 The card carries a $200 annual fee. “We
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