Tag: Stablecoin
Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs
Yeah, yeah – studies and briefings are just studies and briefings, but the conversation around CBDCs in Washington, D.C., will be critically important [...]
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
The new rules will look to regulate stablecoins like commercial bank money, “including the requirement that the coins should be redeemable from the st [...]
Tether market cap eyes record high after regaining 65% stablecoin dominance
Tether (USDT) has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the U.S.On April 17, the U.S. dollar-pegged stable [...]
Circle exec to join US Congressional committee hearing on stablecoin payments, legislation
The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ [...]
US House Committee Publishes Draft Stablecoin Bill
The bill, available on the Committee's hearing page, represents the first major piece of crypto legislation to move in 2023. It creates definitions fo [...]
Ondo Finance Plans Yield-Generating Stablecoin Alternative For Institutional Investors
Enter Flux Finance, a decentralized finance protocol backed by Ondo that functions as a permissionless touchpoint and, crucially, makes it accessible [...]
Stablecoin less preferable form of tokenized money, BIS paper finds
The singleness of money is the assurance that public and private money trade at the same rates. Even small differences between public and private mone [...]
Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'
FTX and collapses like Signature, Silvergate and Silicon Valley Bank show need for stronger consumer protection, governance norms, the International M [...]
Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble
Tether (USDT) continues to benefit from the ongoing turmoil in the U.S. dollar-backed stablecoin industry with its market capitalization growing signi [...]
Stablecoin Tether’s Market Capitalization Nears Record High of $83B
"When news about unlimited support for bank deposits made the rounds, bitcoin prices exploded from $20,000 to $28,000 within a matter of days," said T [...]
Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin
BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt.
www.coindes [...]
Stablecoin issuer Tether accessed US banking system using Signature: Report
Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s payment [...]
Stablecoin Issuer Tether Was Client of Signature Bank to Serve U.S. Customers: Bloomberg
Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank.
www.coindesk.com [...]
Brazil bank BTG Pactual to issue USD-pegged stablecoin
Major Brazilian investment bank BTG Pactual continues onboarding new cryptocurrency services with the launch of its own stablecoin backed by the U.S. [...]
Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum
In addition to Uniswap V3 positions, Unbound is also expanding collateral support to LP tokens of relatively volatile asset pools, such as WETH-DAI. T [...]