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Stablecoins
Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash
The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.

Resumen del mercado: El Rally de la bifurcación dura de Ethereum supera al de Bitcoin
Ether ha subido un 3% en las últimas 24 horas.

Breaking Down the Market Reaction to Gensler’s Crypto Remarks
Sam Trabucco, co-CEO of quantitative trading firm Alameda Research, breaks down the crypto market activity following SEC Chair Gary Gensler’s remarks at the Aspen Security Forum. Plus, his take on what people are getting wrong about stablecoin tether (USDT).

EY Exec.: Gensler’s Aspen Speech a ‘Bullish Signal’ for DeFi
Paul Brody, Global Blockchain Leader at Ernst & Young, responded to SEC Chair Gary Gensler’s speech at the Aspen Security Forum, saying it signals bullish momentum for DeFi on the blockchain ecosystem. Plus, his take on the future of stablecoins, digital dollar, and crypto regulation.

Kitco, proveedor de datos de metales preciosos, emitirá una stablecoin respaldada por oro.
Kitco Gold estará respaldado por oro físico almacenado en bóvedas y rastreará el valor de mercado en tiempo real del metal amarillo.

Resumen del mercado: Bitcoin en retroceso ante el aumento de las preocupaciones regulatorias
Bitcoin está cayendo a medida que aumentan las preocupaciones regulatorias; Ether mantiene el soporte.

Cripto largas y cortas: ¿Qué está pasando con Tether?
Desde finales de mayo, el crecimiento de Tether se ha estancado por completo.

Resumen del mercado: Bitcoin alcanza un máximo de dos meses tras un repunte al final del día
Bitcoin alcanza su nivel más alto desde mediados de mayo y ha subido más del 15% durante la última semana.

What Are US Lawmakers Likely to Do About Crypto?
Former SEC Branch Chief Lisa Braganca discusses the regulatory gaps in the crypto industry critics worry undermine the financial markets’ safety and how Congress could use its authority to bring greater regulatory clarity. Plus, her take on stablecoins and what further congressional action may be needed to address their risks.

Framework to Regulate Crypto, Stablecoins Introduced in Congress
CoinDesk's Nikhilesh De discusses the details, reactions, and potential impact of a new bill introduced by Virginia Congressman Don Beyer that could provide regulatory clarity for stablecoins and the broader digital asset sector.
