The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.
Diem is moving its "primary operations" from Switzerland to the U.S.
Latin Americans are increasingly turning to stablecoins as a store of value.
The Fed's own staffers didn't mention cryptocurrencies as a risk to financial stability, but market participants did.
Meanwhile, FEI’s market capitalization has plunged by almost half.
As central bank digital currencies do battle with stablecoins, dollar-backed projects will have to work hard to ensure independence.
The pilot would see a single stablecoin pegged to the U.S. dollar.
The deputy governor said bitcoin and stablecoins were investment options and not currency during the Boao Forum on Sunday.
The companies say the move will eliminate bottlenecks in the moving and settling of Japanese yen associated with traditional financial rails.
The episode could be the tipping point where retail crypto traders realize they have to be more judicious about buying into protocol launches.
It’s slated to become the first stablecoin to launch on Polkadot.
Exchange flows shift as tether continues to replace bitcoin, building quote currency dominance in altcoin trading.
“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.
Efforts to create decentralized stablecoins outside the dollar system are attractive for privacy reasons but may be impractical, says our columnist.
The central bank warned a Thai baht-denominated stablecoin is a threat to the stability of the currency system.