Stablecoins

Tether

Fitch Says Rapid Stablecoin Growth Poses ‘Contagion Risks’

The Fitch report suggests that the turmoil also could have the potential to spread to traditional markets.

Markets  ·  1 July 2021
Newsletters

Stablecoins and CBDCs: Private Vs. Public Monetary Innovation

A Federal Reserve official praised stablecoins over CBDCs, yesterday. The debate cuts right to role of government in money.

Policy & regulation  ·  29 June 2021
Federal Reserve

Fed Vice Chair: ‘We Should Be Saying Yes’ to Stablecoins

Randal Quarles expressed more support for stablecoins than some of his colleagues.

News  ·  28 June 2021
Stablecoins

Opera Browser Adds First Stablecoins to Native Wallet – cUSD, cEUR

Opera said the Celo tie-up is part of an overall strategy to eliminate hurdles to using blockchain technology.

Business  ·  25 June 2021
Bitcoin

Key Indicator Shows Capital Beginning to Flow Back Into Bitcoin

The stablecoin supply ratio oscillator is recovering in a sign of renewed capital inflow into bitcoin.

Markets  ·  25 June 2021
DeFi

Pantera, Arrington Back $5.8M Round for Unbound’s Cross-Chain DeFi Stablecoin

The project's UND token interacts with AMMs like Uniswap and PancakeSwap.

Tech  ·  10 June 2021
CBDCs

Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says

Christina Segal-Knowles played down concerns that the traditional banking model would be undermined.

News  ·  10 June 2021
Stablecoins

Dapper Labs Unveils Flow-Native Stablecoin, FUSD, With Other ERC-20-Like Tokens to Follow

The maker of NBA Top Shot is deploying new tools for developers to launch tokens on the Flow blockchain.

Business  ·  10 June 2021
Stablecoins

How the Civil War Shapes the Future of Stablecoins

The Civil War replaced a decentralized monetary system with a centralized one, setting precedents for the regulation of stablecoins today.

Business  ·  8 June 2021
CBDCs

Bank of England Releases Discussion Paper on Stablecoins, CBDC

The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.

Policy & regulation  ·  7 June 2021
Tether

Disruption in Tether’s Value Could Be Crypto Equivalent of ‘Breaking the Buck’: Former CFTC Chairman

Timothy Massad compared the hypothetical occurrence to the collapse in NAV of the Reserve Primary Fund in September 2008.

News  ·  1 June 2021
Newsletters

Consensus Day 3, Recapped: The Battle Over Electronic Money

The future of CBDCs, stablecoins and untethered cryptocurrencies was all up for grabs on an action-packed day at CoinDesk's flagship event.

News  ·  26 May 2021
Stablecoins

Diem Co-Creator Says Original Plan for Stablecoin Was ‘Naive’

Diem, the latest iteration of Facebook's ambitious Libra project, had to make multiple concessions to calm the regulators. Chief economist Christian Catalini explains the evolution.

News  ·  26 May 2021
Bitcoin

Crypto Long & Short: Why Tesla’s Reversal Is Good for Bitcoin

The company's recent move is more about policy than price. Plus: Did this week mark the start of a meaningful shift in the stablecoin market?

Markets  ·  16 May 2021
DeFi

Terra’s 25-Fold Price Jump This Year Shows Growing Bet on Algorithmic Stablecoins

The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.

Markets  ·  14 May 2021