IMF’s Digital Currency Authority to Launch UMU for Cross-Border Settlements
The International Monetary Fund's Digital Currency Monetary Authority (DCMA) recently announced the forthcoming launch of the Unicion Universal Currency Unit (UMU). A digital currency that will be accepted as legal tender for cross-border settlements. UMU will be recognized by all settlement p ...
Coinbase Considers Launching Inflation-Pegged Stablecoin
Coinbase, the popular cryptocurrency exchange, is reportedly exploring the possibility of introducing a new type of stablecoin that is tied to inflation. This unique stablecoin, called a "flatcoin", would be pegged to the cost of living rather than the US dollar, like most stablecoins on the mark ...