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PortuguêsAs of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen…
Continue ReadingThe exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market. U.S.-based cryptocurrency exchange Coinbase has announced…
Continue ReadingIn a recent development, Coinbase issued a junk bond, and the market seemed to be hungry for the instrument. Currently, the US crypto exchange is recording more demands for these…
Continue ReadingThe Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins. United States Senator Elizabeth Warren, one of the most vocal cryptocurrency…
Continue ReadingThe first and the largest cryptocurrency by market capitalization, Bitcoin, gets more adoption from reputable companies. Unified Wholesale Mortage, the US mortgage lender, aspires to include digital assets as a…
Continue ReadingCoinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September. Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin…
Continue ReadingCircle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to…
Continue ReadingUSD Coin holders will soon be able to transfer the stablecoin via human-readable addresses across supported wallets and crypto exchanges. The bid to introduce human-readable addresses as an alternative to…
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 ReadingThe Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and…
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 ReadingBoston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and 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 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 ReadingLooking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider. Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing…
Continue ReadingThe Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent…
Continue ReadingThe ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor. Stablecoin issuing platform ICHI has launched a Decentralized Monetary Authority, or DMA, that…
Continue ReadingDeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. The decentralized finance (DeFi) sector faced its…
Continue ReadingStablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year. Bitcoin (BTC) and other cryptocurrencies have opened the…
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