Español
Português“Stablecoin experimentation is happening in real-time with billions of dollars at stake in this vast permissionless lab we call DeFi,” reads a new research report from ShapeShift. The author focuses…
Continue ReadingAMP, XVS and RSR price saw strong breakouts after a short squeeze sent Bitcoin price within a hair of the $40,000 level. A renewed sense of optimism has returned to…
Continue ReadingThe Tether general counsel has declared an official audit in few months. USDT is a popular stablecoin occupying the third position in global digital assets. As it’s on blockchain that…
Continue ReadingThe analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar. Bitcoin (BTC) has better probability of recovering back to $60,000 than to…
Continue ReadingPaxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and…
Continue ReadingThe Argentinian province of Misiones plans to issue its own stablecoin in the future. This is one of the objectives that a recently approved law, the Missionary Financial Innovation Program…
Continue ReadingU.S. Treasury Secretary Janet Yellen has asked the regulators overseeing crypto assets to “act quickly to ensure there is an appropriate U.S. regulatory framework in place” for stablecoins. U.S. Department…
Continue ReadingOn July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.”…
Continue ReadingThe partnership is aimed towards simplifying cryptocurrency-to-fiat conversions within Mastercard’s existing payment network American fintech giant Mastercard announced plans to revamp its crypto card program, to enable traditional banks and…
Continue ReadingBitcoin continues its recovery from the China mining debacle but price action remains delicate in a low-volume market. Bitcoin (BTC) emerges into a new week with middling price action and…
Continue ReadingAccording to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U.S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now…
Continue ReadingU.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital…
Continue ReadingThey intend to discuss the regulation of stablecoins, as well as the technology‘s potential benefits and risks. U.S. Secretary of the Treasury Janet L. Yellen announced plans to convene the…
Continue ReadingDespite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC. Stablecoin usage lost steam amid the recent crypto market downturn.…
Continue ReadingJapanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins. Japan is strengthening its efforts to regulate digital currencies on a…
Continue ReadingHe stated that stablecoins need stricter regulations if they are to be part of the payment universe. Fed Chairman Jerome Powell told the House of Representatives today that stablecoins should…
Continue ReadingBacked by American investment bank Goldman Sachs, Circle is a major stablecoin partner of payments giant Visa. Circle, a Goldman Sachs-backed fintech company focused on stablecoin development, has reportedly announced…
Continue ReadingWhile Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. The Chinese central bank is…
Continue ReadingThe growing interest in stablecoins, new partnerships and the improving state of the wider market back LUNA’s newfound bullish momentum. Altcoins continue to move higher while the price of Bitcoin…
Continue ReadingAccording to a study from locals in Shenzhen, China, the digital yuan isn’t seeing broad adoption, which the Chinese government has hinted at in a number of news releases. A…
Continue Reading“Terra is excited to expand our growing portfolio of DeFi products to multiple chains and working with Harmony to bring UST and Anchor to another growing ecosystem,” said Do Kwon,…
Continue ReadingMarshall Wace is reportedly still discussing the size of its new digital currency-related portfolio with potential investors. Marshall Wace, a London-based hedge fund giant managing about $55 billion in assets,…
Continue ReadingFitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. The growth of stablecoins that are not fully backed by safe assets could…
Continue ReadingAre stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins. The stablecoin market has been growing exponentially, and last week,…
Continue ReadingAttractive yields for stakers, protocol revenue and competition among DeFi protocols have analysts pointing to a bullish long-term view for Curve Finance. Choppy markets after a major pullback offer ample…
Continue ReadingThe new one1INCH stablecoin will be collateralized by a combination of USDC and 1inch’s native token. Decentralized exchange aggregator 1inch has partnered with the ICHI platform to issue a new…
Continue ReadingThe second biggest stablecoin by market capitalization is already a multi-blockchain project. Soon, though, USDC will live almost everywhere. According to Coindesk, it will soon be available in, “Avalanche, Celo,…
Continue ReadingCoinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows…
Continue ReadingThe announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. Major cryptocurrency exchange Coinbase has announced users will…
Continue ReadingCrypto.com and Circle’s partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries. Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp…
Continue ReadingThe Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization. The cryptoverse has been overrun with negative events lately. One of the…
Continue ReadingThe days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools. In times like these, when the entire cryptocurrency market is down and…
Continue ReadingStablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar. Can a stablecoin make Ethereum scalable? Crypto-backed stablecoin Free…
Continue ReadingIn order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said. Paxos CEO Charles Cascarilla believes that stablecoins need solid regulation to go beyond…
Continue ReadingThe central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system. The Bank for International Settlements (BIS) has reaffirmed its support…
Continue ReadingMaker hopes to reignite demand for its DAI stablecoin through the fee reduction. Decentralized finance lending and stablecoin protocol MakerDAO has adjusted stability fees across a wide range of crypto…
Continue ReadingStablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation. The growth of stablecoin’s market…
Continue ReadingAs Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver…
Continue ReadingThe state is already becoming known for attracting miners and attempting to pass pro-crypto legislation, with Governor Greg Abbott saying he was a “crypto law proposal supporter.” Shoppers wanting to…
Continue ReadingWhich takes precedence: the open-source ethos of DeFi, or the natural right to protect the fruits of your intellectual labor? Square peg, meet round hole: a decentralized autonomous organization is…
Continue Reading