New Market Crash – What Can Happen to the Main Stablecoins?
Circle and Tether, the two firms behind renowned stablecoins USDC and USDT, have distanced themselves from FTX amid the exchange’s fall. The CEO of Circle, Jeremy
stablecoin (Latest Publications)
FTX is Working on its Own Stablecoin
During an interview with The Big Whale, Sam Bankman-Fried said that his company is developing a stablecoin for the market.
Coinbase Aims to Propel USDC Adoption Outside US
Coinbase has announced commission-free trading for those users who purchase USDC using non-USD fiat currency. It will do so to increase the overall usage of USC
Tether Increases Its US Treasury Portfolio
As per the latest tweet of the CTO of Tether, Paolo Ardoino, the stablecoin issuer has cut down its commercial paper holding. Tether’s commercial paper holding
US Legislation on stablecoins might pass in 2022
As one of the key areas of focus at this year’s Annual Fintech Policy Forum, which was hosted by the Electronic Transaction Associations (ETA) on September
US Draft Bill Aims At Banning Algorithmic Stablecoin For 2 Years
The US has been drafting legislation to regulate stablecoins. The latest draft stablecoin bill in the US House of Representatives will impose a two-year ban on
Australian Senator Releases Draft Bill to Regulate China’s Digital Yuan
Australian Liberal Senator, Andrew Bragg, has released a new bill regulating crypto exchanges and stablecoins. The bill also proposes to introduce disclosure requirements for facilitators of the
Crypto Lender Celsius Files For Approval To Sell Stablecoin Reserves
The renowned crypto lender, Celsius has asked for approval to sell off its stash of stablecoins in order to fund its operations. In the filed application,
DeFi Protocol Curve Finance Moves Toward crvUSD Stablecoin
The renowned DeFi protocol, Curve Finance is progressing to launch its native dollar-pegged stablecoin, known as crvUSD. The developers of the platform released the initial code
Tether Fights Back After WSJ Article “is a Series of Unsubstantiated Conclusions”
The Wall Street Journal accused Tether of not adequately backing its stablecoin, USDT. In response, Tether has termed the report a series of unsubstantiated conclusions. Moreover,
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