Tag: Stablecoins
Stablecoins USDT, USDC Expand by $10B in a Month, May Drive Crypto, Bitcoin (BTC) Prices Higher
The supply of Tether's USDT and Circle's USDC – the two largest stablecoins – expanded by nearly $10 billion combined over the past 30 days, 10x Resea [...]
What Does Ripple’s Stablecoin Mean for XRP?
It’s possible, facing as much as a $2 billion fine from the U.S. Securities and Exchange Commission (SEC), Ripple is looking for a new, proven revenue [...]
Stablecoin Expansion Continues Even as Bitcoin (BTC) Rally Appears to Stall
However, during the same time, the cumulative supply of the top three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the s [...]
USDT Issuer Tether Added Nearly 8.9K Bitcoin (BTC) to Holdings in First Quarter: On-Chain Data
Though Tether made no official announcement of the action, a wallet believed to belong to the company shows as having 8,888.8888 bitcoin moved to it o [...]
The Benefits of Assets Tokenization
We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, l [...]
EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA
The RTS published lays out the “requirements, templates and procedures complaints received by issuers” of what MiCA defines as asset reference tokens [...]
Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets
"Existing stablecoin models lack transparency and equitable value distribution, privatizing their gains and socializing their losses, and going agains [...]
USDC Is Making a Comeback: Coinbase
USDC's increase in liquidity reflects the “overall pickup in both retail and institutional demand as crypto has moved into a new phase of its market c [...]
Hong Kong Financial Services Dept. Doubles Down on Stablecoin and OTC Rules Promise
"Subject to the consultation outcomes and progress of the preparatory work, the Government will submit bills on the above licensing regimes to the Leg [...]
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its risk management framework as part of the decision. “This action aligns with our efforts to ensure that USDC remains trusted, transpar [...]
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking [...]
U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan
“Stablecoin regulations, in particular, are set to be coordinated globally via the Financial Stability Board (FSB) across the G20, further constrainin [...]
U.S. Federal Reserve Gov. Christopher Waller Says DeFi Could Boost Dollar’s Global Strength
Waller, who was appointed to the board in 2020 by then-President Donald Trump, did acknowledge that a future in which people shifted from using dollar [...]
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.
www.coindesk.com [...]
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.
www.coindesk.com [...]