Stablecoins

Stablecoins

Circle CEO Claims ‘Explosive’ Stablecoin Demand From Everyday Businesses

Dollar-backed stablecoins are surging in popularity, and much of the demand is from normal businesses, not just crypto traders, Circle’s CEO said.

News  ·  17 April 2020
Bitcoin

Market Wrap: Ether Making Big Gains as Stablecoins Proliferate on Ethereum

The Ethereum network has become the place where stablecoins proliferate. Can ether keep rising in price as a result?

Markets  ·  16 April 2020
Stablecoins

Libra Scales Back Global Currency Ambitions in Concession to Regulators

The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.

Business  ·  16 April 2020
Bitcoin

Ethereum Now Matches Bitcoin on One Key Metric

The use of the Ethereum network to move value around has shot to record levels, thanks to the growth of stablecoins.

Tech  ·  16 April 2020
Stablecoins

Solana Blockchain Adds Korean Stablecoin Terra for Better Payments

Solana is adding the Terra stablecoin in an effort to bring "novel applications that require price-stable payments" to its high-throughput blockchain.

Tech  ·  15 April 2020
Regulation

G20 Watchdog Warns Nations to Mitigate Risks Posed by Libra-Like Stablecoins

National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says.

Policy & regulation  ·  14 April 2020
DeFi

Chicago’s Trading Firms Look to DeFi With New ‘Alliance’

DeFi may actually grow during the coronavirus crisis. TD Ameritrade, Cumberland, CMT Digital, DV Trading and Jump Trading are hoping to facilitate.

Business  ·  8 April 2020
Venture Capital

Banking API Platform Sila Raises $7.7M on Promise of Programmable Money

The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.

Business  ·  8 April 2020
DeFi

Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether

Coinbase has put $1.1 million in USDC into the pools powering two of the more popular DeFi applications on Ethereum: Uniswap and PoolTogether.

Tech  ·  1 April 2020
Stablecoins

Zero Interest Rates Could Hamper the Stablecoin Business

Zero or negative interest rates will force stablecoins to look at their fee structures and cut costs. Only the fittest will survive, says our columnist.

Markets  ·  1 April 2020
DeFi

Tether CTO Claims USDT Stablecoin Can Boost DeFi Liquidity

Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem.

News  ·  1 April 2020
Stablecoins

USD Stablecoins Are Surging, but Zero Interest Rates Complicate Business Model

With investors seeking safety in dollars, stablecoins have seen inflows of more than $2 billion since the crash. But, says our columnist Hasu, zero interest rates threaten business revenue.

Markets  ·  30 March 2020
CBDC

The Overton Window Opens for a Digital Dollar

As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.

Policy & regulation  ·  25 March 2020
Regulation

Global Stablecoins May Be Subject to Securities Regulation, Says IOSCO

Global stablecoins may be subject to securities laws, says IOSCO, in a new report that could complicate such projects’ embrace of decentralization.

Policy & regulation  ·  25 March 2020
Stablecoins

The US Should Use Stablecoins for Emergency Coronavirus Payments

Paying out the stimulus using stablecoins would be cleaner and cheaper than sending checks in the mail, says the CEO Of Binance.US.

Policy & regulation  ·  22 March 2020