Access to EURT will save Bitstamp's euro users time and money without a loss of purchasing power, a Bitstamp executive said.
Unlike fiat currency-pegged stablecoins, Yuga Coin intends to be solely pegged to government debt such as bonds and Treasury notes.
Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.
Regulatory authorities are talking about stablecoins more and more, but it remains to be seen what they’ll actually implement.
Pseudonymity is a key reason for the emergence of the $110 billion stablecoin market. If regulators are worried about financial stability, they should have some KYC controls.
If you're going to warn people about stablecoins by citing 19th century history, you should at least include the full record, says our columnist.
Plus: Correcting misconceptions about institutional interest in crypto, and why Circle going public may bring greater regulatory clarity in the U.S. for stablecoins.
El Salvador President Nayib Bukele's brothers reportedly presented the plan to foreign investors.
Federal Reserve Chairman Jerome Powell, Securities and Exchange Commission Chair Gary Gensler and Commodity Futures Trading Commission Acting Chair Rostin Behnam will also participate in Monday's meeting.
The Federal Reserve chair said "the more direct route" would be to regulate stablecoins.
Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.
Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
Stablecoin projects increasingly compete on transparency. Circle's two-month-old data on "approved investments" leaves something to be desired.
We shouldn't ignore the risks that stablecoins potentially pose to the financial system, says our columnist.