US Banks can now print and facilitate stablecoin payments
Tags: cryptocurrency, coinmonks, blockchain, bitcoin
Published: 2021-01-07 08:16:01

---
title: US Banks can now print and facilitate stablecoin payments
published: true
date: 2021-01-05 15:32:23 UTC
tags: cryptocurrency,coinmonks,blockchain,bitcoin
canonical_url: https://medium.com/coinmonks/us-banks-can-now-print-and-facilitate-stablecoin-payments-b33f4b1f61cc
---

![](https://cdn-images-1.medium.com/max/960/0*5rbuSdTLksS9mVHU)<figcaption><a href="https://www.reddit.com/r/Bitcoin/comments/kn5zdv/the_beast_has_awoken_happy_new_year_everyone/">Source</a></figcaption>

#### Bittrex to delist Privacy coins / Biden White House to issue memo to halt or delay midnight regulations

**A Happy New Year Everyone. Markets are making higher highs, be cautious, take profits, and buy something meaningful for your family.**

- Today the OCC [allowed](https://www.forbes.com/sites/haileylennon/2021/01/04/occ-regulator-implements-groundbreaking-cryptocurrency-guidance-for-banks-and-the-future-of-payments/?sh=5cefb73927e9) banks to use stablecoins (cryptocurrencies designed to minimize the price volatility) to facilitate payment transactions for customers. In doing so, a bank may issue stablecoins, exchange stablecoins for fiat currency, as well as validate, store, and record payment transactions by serving as a node on a blockchain (INVN).
- Bitcoin has the potential to reach $146,000 in the long term as it competes with gold as an asset class, according to JPMorgan Chase & Co.

#### [Bitsgap](https://bitsgap.com/?ref=2cb1231-3) Trading Tips

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You will overperform the market and will be having a brilliant chance to accumulate more ETH/BTC. (Not Financial advice)

#### Latest News 📰

- Congress [warns Treasury](https://www.coincenter.org/congress-warns-treasury-on-unusually-short-cryptocurrency-short-rulemaking/) on unusually short cryptocurrency short rulemaking
- Bittrex to [delist](https://bittrex.zendesk.com/hc/en-us/articles/360054393492-Pending-Market-Removals-01-15-21) Privacy coins DASH, XMR, ZEC
- SkyBridge’s Bitcoin [cache rises to $310M](https://www.coindesk.com/skybridge-confirms-bitcoin-fund-310-billion) as new fund launches, Also check [the deck](https://www.skybridgebitcoin.com/documents/overview-pdf) for new Fund
- Ukraine [government picks](https://www.coindesk.com/ukraine-government-picks-stellar-to-help-build-national-digital-currency) Stellar Development Foundation to help build national digital currency
- Us Federal [regulator says banks](https://www.coindesk.com/occ-banks-stablecoin-payments) can conduct payments using stablecoins
- Biden White House to [issue memo to halt](https://edition.cnn.com/2020/12/30/politics/biden-midnight-regulations-freeze/index.html) or delay midnight regulations
- [JPMorgan](https://www.bloomberg.com/news/articles/2021-01-05/jpmorgan-sees-146-000-plus-bitcoin-price-as-long-term-target) says Bitcoin could surge to $146,000 in long term
- A [Virtual Castle](https://www.loop-news.com/p/a-virtual-castle-just-sold-for-800000) just sold for $800,000+!
- [DeFi10 returned](https://thedefiant.io/defi10-returned-370-thanks-to-eth-and-airdrops/) 370% thanks to ETH and airdrops
- 2017 [Parity wallet hacker](https://www.theblockcrypto.com/linked/89843/2017-parity-wallet-hacker-begins-moving-eth) begins moving ETH
- BitGo [settles](https://www.theblockcrypto.com/linked/89742/bitgo-settles-with-us-treasury-over-sanctions-violations) with US Treasury over sanctions violations

> _Tax season is coming, use the best_ [**_crypto tax software_**](https://medium.com/coinmonks/best-crypto-tax-tool-for-my-money-72d4b430816b) _to file your crypto tax._

![](https://cdn-images-1.medium.com/max/875/0*29f1L4J_QT0199mC.jpg)<figcaption><a href="https://www.reddit.com/r/CryptoCurrency/comments/kozrwd/i_told_them_but_they_said_i_was_crazy/">Source</a></figcaption>

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#### Good Reads 📑

- Bitcoin as a [Titanic](https://medium.com/coinmonks/bitcoin-as-a-titanic-liferaft-e79d029ca142) liferaft
- [Notes](https://elidourado.com/blog/notes-on-technology-2020s/) on technology in the 2020s
- An [incomplete](https://vitalik.ca/general/2021/01/05/rollup.html) guide to Rollups
- The new Bitcoin [four year](https://rektcapital.substack.com/p/fouryearcycle2) cycle
- DeFi [year in review](https://thedefiant.io/exclusive-report-defi-year-in-review-by-dappradar/) by DappRadar
- [Bitcoin](https://www.metzdowd.com/pipermail/cryptography/2020-December/036510.html) is a disaster
- [Our Network](https://ournetwork.substack.com/p/our-network-issue-52): Issue Coverage on DEX
- Ethereum the [Tree of Trust](https://newsletter.banklesshq.com/p/ethereum-the-tree-of-trust)
- Ethereum [price model](https://medium.com/coinmonks/ethereum-price-model-using-total-daily-fees-992b2123f4e) using total daily fees
- Mining Difficulty [Deconstructed](https://medium.com/coinmonks/mining-difficulty-deconstructed-396b7009339b)
- The [top 6 bitcoin price predictions](https://medium.com/coinmonks/the-top-6-bitcoin-price-predictions-for-2021-51e8b60ace30) for 2021
- Is The [Next Bitcoin Bubble](https://medium.com/coinmonks/is-the-next-bitcoin-bubble-about-to-burst-6b5639d3258b) About To Burst?

> _Buy a_ [**_hardware wallet_**](https://medium.com/coinmonks/the-best-cryptocurrency-hardware-wallets-of-2020-e28b1c124069) _and_ [_protect your cryptocurrencies_](https://medium.com/coinmonks/how-to-prevent-cryptocurrency-hacking-and-theft-from-your-wallet-65c8ff767766)_._

![](https://cdn-images-1.medium.com/max/960/0*_ZuRkrYmcD0eRzMY)<figcaption><a href="https://www.reddit.com/r/Bitcoin/comments/kmof53/the_8_laws_of_bitcoin_updated/">Source</a></figcaption>

#### Developers

- ETHGlobal [developer](https://medium.com/ethglobal/ethglobal-developer-survey-report-2020-f7bf4f7cf821) survey report — 2020
- ETH2 [GraphQL](https://twitter.com/Bitquery_io/status/1344347446587973632) APIs
- [What’s New](https://hackmd.io/@benjaminion/eth2_news/https%3A%2F%2Fhackmd.io%2F%40benjaminion%2Fwnie2_201230) in Eth2
- Create and [deploy](https://medium.com/coinmonks/create-and-deploy-a-defi-app-to-ethereum-a02bb680aa78) a DeFi App to Ethereum
- [Upgrading](https://blog.coinbase.com/usdc-v2-upgrading-a-multi-billion-dollar-erc-20-token-b57cd9437096) a multi-billion dollar ERC-20 token
- Dapp [Boilerplate](https://github.com/adrianmcli/dapp-boilerplate)
- Multiplayer [Unity Game + WebRTC](https://medium.com/coinmonks/multiplayer-unity-game-webrtc-in-5-minutes-71971be769d1) in 5 minutes
- [Learn Solidity](https://medium.com/coinmonks/learn-solidity-with-white-matrix-chapter-1-getting-started-with-solidity-6defa007a010) with White Matrix
- [Neolastics](https://blog.simondlr.com/posts/neolastics): Liquid, on-chain, generative Art

> Wanna become a Etheruem and **Web3 developer**? [Start here](http://blog.coincodecap.com/go/learn).

#### Miscellaneous

- [Umbrel](https://medium.com/getumbrel/introducing-the-umbrel-app-store-7a2068c64a10) App Store
- Blockstream [Jade](https://blockstream.com/2021/01/03/en-secure-your-bitcoin-and-liquid-assets-with-blockstream-jade/)
- [Bitcoin at work](https://defipulse.com/btc)
- [GasTrology](http://gastrology.eth.link/).ETH

#### Podcasts & Videos 💽

- Taking [Ethereum](http://podcast.banklesshq.com/45-taking-ethereum-public-ether-capitals-ceo-brian-mosoff-cfo-stefan-coolican) Public
- An [Economic Analysis](https://www.youtube.com/watch?v=ndNyx-Oj9Wk&feature=youtu.be) of EIP-1559

#### The Faces of Crypto

![](https://cdn-images-1.medium.com/max/828/0*cxsqMjNNLhePr2TW.jpg)<figcaption><a href="https://www.reddit.com/r/CryptoCurrency/comments/koog14/the_faces_of_crypto/">Source</a></figcaption>

#### Hackathons, Events & Summits

- [Inout 7.0](https://portis.medium.com/inout-7-0-virtual-hackathon-challenge-122591bb55e8) virtual hackathon challenge
- Decentralized [Web Seattle](https://www.meetup.com/ProtoSchool-Seattle-Learn-to-Make-the-Decentralized-Web/events/274586198/) meets Dec 17th
- ETHGlobal’s [Market Make](https://marketmake.ethglobal.co/) hackathon

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#### Product Reviews and other crypto software📙

- [Ledger vs Trezor](https://medium.com/coinmonks/ledger-nano-s-vs-x-battery-hardware-price-storage-59a6663fe3b0)
- [BlockFi Review](https://medium.com/coinmonks/blockfi-review-53096053c097)
- [AAX Exchange Review](https://medium.com/coinmonks/aax-exchange-review-2021-67c5ea09330c)
- [Bitsgap vs 3Commas vs Quadency](https://medium.com/coinmonks/bitsgap-vs-3commas-vs-quadency-must-read-2021-cdc1a40cf31d)
- [Cryptohopper vs HaasBot](https://blog.coincodecap.com/cryptohopper-vs-haasbot)
- [Pionex review](https://medium.com/coinmonks/pionex-review-exchange-with-crypto-trading-bot-1e459d0191ea)
- Crypto [Copy Trading](https://medium.com/coinmonks/top-10-crypto-copy-trading-platforms-for-beginners-d0c37c7d698c) Bots
- [Stackedinvest Review](https://blog.coincodecap.com/stackedinvest-review)
- [Deribit Review](https://medium.com/coinmonks/deribit-review-options-fees-apis-and-testnet-2ca16c4bbdb2) — Options, Fees, APIs and Testnet
- [Ledger vs Ngrave](https://blog.coincodecap.com/ngrave-vs-ledger)
- [YouHodler Review](https://medium.com/coinmonks/youhodler-4-easy-ways-to-make-money-98969b9689f2) — Earn 12% Interest on your Crypto

#### [Pionex](http://blog.coincodecap.com/go/pionex)

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#### How to invest in Bitcoin 😆

![](https://cdn-images-1.medium.com/max/673/0*yGu800Wn5Qx31ddG.jpg)<figcaption><a href="https://www.reddit.com/r/CryptoCurrency/comments/kompvi/how_to_invest_in_bitcoin/">Source</a></figcaption>

#### Jobs 👷

- [DevOps Engineer](https://remoteok.io/remote-jobs/100451-remote-devops-engineer-district0x), district0x, Remote
- [Ecosystem Developer](https://jobs.lever.co/3box/ec1093c5-ed31-483c-b1b3-49b07bd0bd2e), 3Box, Remote
- [BD at mStable](https://angel.co/company/mstable/jobs/1096364-business-development-manager)
- [Motion Designer](https://cryptocurrencyjobs.co/design/kraken-digital-asset-exchange-motion-designer/) — Kraken
- [Full-Stack Engineer](https://cryptocurrencyjobs.co/engineering/zapper-full-stack-engineer/) — Zapper
- [Senior Front End Engineer](https://cryptocurrencyjobs.co/engineering/uma-senior-front-end-engineer/) — UMA
- SigmaPrime, [blockchain security engineer](https://blog.sigmaprime.io/blockchain-security-engineer.html)
- 0x looking for [devs of all types](https://0x.org/about/jobs) and a [Matcha marketing manager](https://boards.greenhouse.io/0x/jobs/4923909002)
- Nexus Mutual: [experienced Solidity dev](https://angel.co/company/nexus-mutual-1/jobs/967538-smart-contract-engineer) in Euro timezones

#### Get published on Coinmonks

If you like to write educational articles on crypto/blockchain space and wanna get published on Coinmonks publication. Just mail me at **_gaurav@coincodecap.com_** _or DM me_ **_ _** [**_Twitter_**](https://twitter.com/coinmonks)

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