Federal Reserve’s Call for Stablecoins Regulation: A Critical Perspective
The Federal Reserve’s Vice Chair for Supervision, Michael S. Barr, recently reiterated his calls for greater regulation of stablecoins. While his stance is rooted in the
The Federal Reserve’s Vice Chair for Supervision, Michael S. Barr, recently reiterated his calls for greater regulation of stablecoins. While his stance is rooted in the
Paolo Ardoino, CEO of Tether, revealed in an interview with Bloomberg this Thursday that the company plans to publish real-time reserve information, although there is no
The Polygon-based USDR stablecoin, which is typically pegged to the US dollar, lost nearly 50% of its value, falling to $0.52. This significant loss of value
Circle has announced its decision to natively mint its USDC stablecoin on the Ethereum layer-2 platform, Polygon. This recent development could turn out to be a
Akshay Naheta, a former executive at SoftBank, is venturing into the cryptocurrency world with his latest project, DTR. Unlike most players in the stablecoin market who
Circle, the renowned USDC stablecoin issuer has announced the launch of its EURC stablecoin on the Stellar Network. EURC, a stablecoin pegged to the Euro, has
The Terra Classic community, a fork of the original Terra network that collapsed in 2022, has voted to end the minting and reminting of its USTC
Linear Finance, a decentralized financial (DeFi) protocol, recently fell victim to an attack that drained all liquidity from its native stablecoin, Linear USD (LUSD), causing its
PayPal, the major United States-based payment processor, has announced that its stablecoin, PayPal USD (PYUSD), is now available on Venmo. This significant step was taken just
Tether, the largest stablecoin issuer in the crypto market, has seen an increase in its stablecoin lending in 2023 so far. However, it was previously announced
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