Stablecoins

Stablecoins

Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances

The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.

Business  ·  15 October 2020
Regulation

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

Policy & regulation  ·  14 October 2020
CoinFlash

FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade

Finance officials never once named libra. But they didn't have to; the proposed stablecoin's shadow still looms large.

Policy & regulation  ·  13 October 2020
Turkey

Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.

News  ·  12 October 2020
DeFi

These 3 Trends Are Driving Crypto Market Growth Now

The latest CoinDesk Quarterly Review looks at some of the main drivers of crypto market evolution including DeF, derivatives and stablecoins.

Markets  ·  6 October 2020
Bitcoin

Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’

Bitcoin price has proved resilient in the face of bad news but traders expect crypto volatility ahead.

Markets  ·  2 October 2020
Tether

Total Stablecoin Supply Nearly Doubled in Q3, Adding Record $8B

“2020 seems to be the year of stablecoins,” said Tether's CTO.

Markets  ·  1 October 2020
Newsletters

Crypto Long & Short: The OCC’s Stablecoin Statement Is a Seed of Financial Innovation

Noelle Acheson talks about how the latest OCC statement that says banks can support stablecoin reserves is an innovation trigger in disguise.

Markets  ·  28 September 2020
Stablecoins

The Biggest Story in Crypto: The Stablecoin Surge and Power Politics

Nic Carter appears on our new Opinionated podcast to discuss the $20 billion stablecoin phenomenon and its implications for the global financial system.

Policy & regulation  ·  27 September 2020
Stablecoins

OCC’s First Issued Guidance for Stablecoins Brings More Questions

For some, the OCC's recent stablecoin guidance, while helpful, raises as many issues as it clarifies.

Policy & regulation  ·  25 September 2020
DeFi

Stablecoins Hit $20B Milestone, a Nearly 300% Year-to-Date Surge

The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic.

Markets  ·  25 September 2020
DeFi

Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account

Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.

Business  ·  23 September 2020
CoinFlash

‘Misleading’ Term Stablecoin Should Be Ditched, Says ECB

The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.

Policy & regulation  ·  22 September 2020
Stablecoins

SEC, OCC Issue First Regulatory Clarifications for Stablecoins

The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.

Policy & regulation  ·  21 September 2020
Stablecoins

Checking In With Terra, the Korean Stablecoin Firm Bringing Online Shoppers to Crypto

Terra's stablecoin savings account is a month delayed but the project is gaining momentum with over 2 million users on the firm's Chai payments app.

Business  ·  18 September 2020