Crypto Will Benefit from Bank-Issued Stablecoins, aka Deposit Tokens, Says DAAA’s Bernard Blaha
In an interview with Cryptonews, Bernhard Blaha, co-founder of the Austrian Digital Asset Association (DAAA) and CEO of decentrally governed organization (DGO) The People's SCE, discussed the new type of digital coin: de...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
He explained the key differences between deposit tokens and stablecoins, why he calls the former 'hybrids', and why they can't be compared to CBDCs - even if both are issued by banks....
Read More: Crypto Will Benefit from Bank-Issued Stablecoins, aka Deposit Tokens, Says DAAA’s Bernard Blaha
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
US Hoovers up Bitcoin While the World Runs on Its Digital Dollars: Report
Bitcoin Magazine US Hoovers up Bitcoin While the World Runs on Its Digital Dollars: Report America is accumulating bitcoin while e...
Bitwise CIO argues bitcoin will benefit whether AI booms or busts
Bitwise CIO Matt Hougan predicts an AI bubble collapse would prompt government bailouts and eventually fuel a bitcoin rally.
Fidelity Digital Assets finds Bitcoin now moving with US Treasury real rates
Bitcoin's correlation with US Treasury real rates suggests a shift in investor sentiment, potentially altering traditional portfol...
XRP News: DriveWealth RLUSD Settlement Starting in Europe
In XRP news today, DriveWealth is reported to be integrating Ripple’s RLUSD stablecoin settlement infrastructure on the XRP Ledger...
VanEck Pulls Plug on Lido Staked ETH ETF After Yearlong Wait
VanEck Digital Assets asked the SEC last night, UK time, to withdraw the registration for its proposed Lido Staked Ethereum ETF, n...
VanEck Pulls Lido Staked Ethereum ETF After 1 Year, Ending stETH Fund Plan
Key Takeaways: VanEck has suggested to the Securities and Exchange Commission that it remove its proposed Lido Staked ETH registra...