Stablecoin Financial News

09.03 / 00:05

Law Stablecoin regulation Congress Crypto bill draft will be released in April, says Senator Gillibrand

According to United States Senator Kirsten Gillibrand, a new draft of the bipartisan crypto bill pioneered by herself and Senator Cynthia Lummis will be released to the new Congress after being deferred in 2022.

06.03 / 23:55

Ethereum ETH BTC Twitter Stablecoin Bitcoin Troubled Crypto Lender Babel Finance Eyes Restructuring with Stable Asset Project – How Does it Work?

The troubled crypto lending firm Babel Finance is working on a new plan to raise money through a crypto-backed stablecoin.

06.03 / 23:09

markets Stablecoin defi Usd Coin Backed end Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of experimentation with algorithmic stablecoins could finally be behind us.

06.03 / 23:09

Stablecoin Adoption Digital Currency Euro Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report

Europe could lead the world in developing the Internet of Things (IoT) by harnessing the potential of stablecoins, the Digital Euro Association argues in a new report. Machine-to-machine (M2M) payment is a field poised for growth, and stablecoins, in particular, offer advantages for it, the report says.

06.03 / 15:45

Stablecoin Binance regulation Paxos Terra Here’s how Binance is mitigating its stablecoin needs after BUSD ban

Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against its native stablecoin, Binance USD (BUSD). The SEC had sent a Wells notice, alleging BUSD violates U.S. securities law.

06.03 / 10:43

business Blockchain Ethereum Stablecoin Adoption Investments coinbase collapses Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion over the same timeframe.

06.03 / 00:41

Stablecoin defi regulation SEC 'Sorry for spreading a rumor', says podcaster on Lido's FUD

Co-founder of content studio Bankless David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms, including the decentralized finance protocol Lido Finance.

03.03 / 17:57

Stablecoin Adoption Europe Tether coinbase European Union Euro Backed Regulation and risk: Factors driving demand for a euro-backed stablecoin

Stablecoins are a type of cryptocurrency offering investors price stability. The most popular stablecoins are those backed by the United States dollar — the world’s leading reserve currency. Others are less popular and not widely used, so many may not have heard of alternatives if they haven’t searched for them.

03.03 / 08:57

business Stablecoin Binance regulation SEC coinbase Paxos regulatory Binance USD market cap falls below $10B amid rising regulatory concerns

Binance USD (BUSD) market cap has fallen below $10 billion for the first time in almost two years amid a United States regulatory crackdown on its token issuer and a planned delisting from a major crypto exchange.

03.03 / 01:43

Ethereum Stablecoin Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?

Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain.

03.03 / 01:43

markets Stablecoin Binance Bitfinex lending Bitcoin Bitcoin leverage ramps up as BTC's margin long-to-shorts ratio hits a record $2.5B high

Crypto traders' urge to create leverage positions with Bitcoin (BTC) appears irresistible to many people, but it's impossible to know if these traders are extreme risk-takers or savvy market makers hedging their positions. The need to maintain hedges holds even if traders rely on leverage merely to reduce their counterparty exposure by maintaining a collateral deposit and the bulk of their position on cold wallets.

02.03 / 19:13

Ethereum Stablecoin security DApp Deloitte Bitcoin open Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set to Test Stablecoins on Japan Open Chain

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________

27.02 / 20:31

business Blockchain Stablecoin Binance coinbase Coinbase announces suspension of BUSD trading beginning March 13

Coinbase will suspend trading for Binance USD (BUSD) stablecoin on March 13, the exchange announced Feb. 27 on Twitter. The message mentioned “listing standards” as it announced its decision.

27.02 / 07:41

Stablecoin regulation Bitcoin Regulation IMF IMF to prefer regulating crypto than banning it outright: Report

The International Monetary Fund would prefer to differentiate and regulate crypto assets rather than enforce an outright ban, though the nuclear option will remain on the table for now.

24.02 / 22:11

business Stablecoin Circle Banks reserves FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves

Citizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of its reserves in USD Coin (USDC) — a move the companies said would promote financial inclusion and digital literacy in the greater Atlanta area.

24.02 / 06:31

Stablecoin regulation SEC security Circle Usd Coin NOT SEC is not the appropriate regulator for stablecoins: Circle CEO

The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire.

23.02 / 12:23

Blockchain Stablecoin Adoption Altcoin Usd Coin USDC issuer Circle to increase staff by up to 25% amid layoff season

USD Coin (USDC) issuer Circle plans to increase its workforce by 15-25% in 2023 amid a sea of layoffs across the industry, reported the Wall Street Journal.

23.02 / 07:45

Blockchain Stablecoin Adoption Frax Finance to retire algorithmic backing amid stablecoin crackdown

The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an end to the algorithmic backing of the protocol.

23.02 / 00:49

Stablecoin regulation security crypto trading platforms New Canadian rules for crypto trading platforms leave little room for stablecoins

The Canadian Securities Administrators (CSA) published a notice on Feb. 22 describing new commitments it expects from crypto asset trading platforms (CTPs) seeking registration in Canada. The CTPs will enter into a new version of preregistration undertakings (PRUs), which are legally binding documents. Registered CTPs will be contacted by their principal regulators about compliance with the new expectations.

22.02 / 12:55

Stablecoin Binance SEC Paxos BUSD Firm Behind Binance's BUSD Stablecoin in Talks with the SEC – Here's the Latest

Paxos, a blockchain infrastructure platform and the issuer of Binance’s stablecoin Binance USD (BUSD), is in talks with the U.S. Securities and Exchange Commission over its decision to consider the stablecoin a security.

22.02 / 10:19

Stablecoin Adoption SEC Bloomberg Congress Us Crypto Regulation US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO

The United States Congress needs to take control of crypto legislation to make it a more “open process” where the entire marketplace is looked over “comprehensively,” suggests the chief of the prominent U.S. crypto industry body.

what you should know about Stablecoin

What is Stablecoin and why is it important?

Stablecoin is a high-demand area that is in the spotlight. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Stablecoin?

All new posts about Stablecoin can be found in the special selection. We publish information in a timely manner.

How can I verify the accuracy of information on Stablecoin?

We consult with professionals to ensure that the information about Stablecoin is accurate and valuable for our readers.