Stablecoin Financial News

22.08 / 13:37

Stablecoin Tether Usd Coin Bitcoin Stablecoin issuers hold more US debt than Berkshire Hathaway: Report

Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major traditional finance players.

20.08 / 01:43

Stablecoin Dollar Backed United Texas Bank CEO wants to 'limit the issuance of US dollar-backed stablecoins to banks'

Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks rather than crypto firms.

19.08 / 20:03

business Stablecoin Tether Report Holdings Independent Tether attestation reveals 58% decrease in commercial paper holdings

An announcement from USDT issuer Tether Holdings Limited revealed information from an independent attestation about the company’s previous quarter's performance. The reviewer, top accounting firm BDO Italia, assessed Tether’s assets as of June 30, 2022.

19.08 / 16:57

business Blockchain Stablecoin regulation Huobi explains what went wrong with HUSD after stablecoin is back on track

After recovering the HUSD stablecoin’s dollar peg, crypto exchange Huobi explained what had caused the short-term liquidity problem and assured users that it had been resolved.

18.08 / 23:13

Stablecoin regulation Terra Seoul Says It Is Talking to Int’l Counterparts About Streamlined Stablecoin Regulations

18.08 / 15:07

business Stablecoin Tether Dollar accounting Reserve Tether reserve attestations to be conducted by major European accounting firm

In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has tapped BDO Italia to conduct regular reviews and attestations of its dollar reserves.

16.08 / 17:03

Law Stablecoin regulation fall regulatory Optimism fading? Regulatory discussion on stablecoins postponed until Fall

Among a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when the stablecoins proved themselves to be not so stable and thus came into the focus of regulators’ attention.

15.08 / 05:43

Stablecoin defi Hackers hacks network freeze Exploit Network and token freeze after Acala exploit raises questions

The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising concerns about its claim of being decentralized.

12.08 / 17:57

Stablecoin Adoption fall Built to fall? As the CBDC sun rises, stablecoins may catch a shadow

There’s a ferment brewing with regard to central bank digital currencies (CBDCs), and most people really don’t know what to expect. Varied effects seem to be bubbling up in different parts of the world.

12.08 / 14:23

Ethereum Stablecoin regulation MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD

12.08 / 13:03

Stablecoin Paxos Bitcoin Brazilian payment app PicPay launches crypto exchange with Paxos

Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH).

11.08 / 08:03

Stablecoin Tether USDC Usd Coin USD Coin to Overtake Rival Stablecoin Tether in Coming Years - Survey

10.08 / 16:25

markets Stablecoin coinbase Ban TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — rebound ahead?

Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.

10.08 / 06:45

business Ethereum Stablecoin Tether Tether also confirms its throwing weight behind the post-Merge Ethereum

Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a Proof-of-Stake (PoS) consensus mechanism-based blockchain.

10.08 / 00:09

Blockchain Technology Stablecoin defi Support Circle plans to only support Ethereum PoS chain after Merge is complete

On Tuesday, Circle, the issuer of the USDC stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the much-anticipated Merge upgrade. The firm views The Merge as an important milestone in the scaling of the Ethereum ecosystem, writing:

08.08 / 06:19

Blockchain Stablecoin defi Hackers Once-hacked for $77M, Beanstalk's algo stablecoin protocol relaunches

Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a devastating $77 million governance exploit.

05.08 / 09:41

Ethereum Stablecoin Tether Usd Coin Future Vitalik: Centralized USDC could decide the future of contentious ETH hard forks

Ethereum co-founder Vitalik Buterin says that centralized stablecoins such as Tether (USDT) and Circle USD (USDC) could become “a significant decider in future contentious hard forks.”

03.08 / 15:45

Stablecoin Lightning Network Usd Coin Bitcoin network Dollars on the Lightning Network: a boon for emerging markets?

Dollars at the click of a button on the Lightning Network could soon become a reality. An innovation from Galoy, the provider of open source core banking platforms such as Bitcoin (BTC) Beach wallet, could provide safe haven from the volatility of BTC.

02.08 / 17:03

Blockchain Waves Stablecoin Liquidity Waves community back DeFi revival plan for Vires.Finance

The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis. The vote aims to stabilize the project and compensate the users who were affected.

02.08 / 14:11

Stablecoin regulation Terra stablecoin regulation Financial Singaporean financial watchdog to consult public on stablecoin regulation

The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (KYC) and Anti-Money Laundering (AML) issues and do not reflect the specific risks to which the stablecoins are entitled.

02.08 / 07:55

Stablecoin Adoption defi Tether Tether supply starts to increase after three-month decline

The world’s largest stablecoin, Tether (USDT) has expanded its circulating supply following almost three months of reductions, in what could be a sign the crypto markets are slowly recovering.

Stablecoin Financial News

popular questions about Stablecoin

What is Stablecoin and why is it relevant?

Where can I find the latest updates on Stablecoin?

How can I verify the accuracy of information on Stablecoin?