Stablecoins


Markets

US Representatives Rip OCC, Brooks for 'Excessive Focus' on Crypto

Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic.

 Rep. Rashida Tlaib and Rep. Stephen Lynch wrote the sharp criticism of OCC chief Brian Brooks.

Markets

Kadena Partners With Stablecoin-Maker Terra in Bid to Expand Its DeFi Offering

The hybrid blockchain maker Kadena, said Tuesday it has partnered with Terra and will be adding Terra’s stablecoin luna to its decentralized exchange Kadenswap.

Kadena founder Stuart Popejoy

Finance

DefiDollar Raises $1.2M to Be the Risk-Insured Stablecoin Layer for DeFi

India-based DefiDollar has raised $1.2 million in a seed round led by Divergence Ventures, Standard Crypto and Accomplice.

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Tech

Lossless Lottery PoolTogether Opens Up to More Coins, More Prizes

PoolTogether v3 will enable more ERC-20 tokens, more yield sources and more prize distribution schemes for the DeFi savings game.

The PoolTogether Team with IDEO CoLab's Tara Tan at the whiteboard.

Finance

USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.

(HFA_Illustrations/Shutterstock)

Markets

Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi

USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.

Circle CEO Jeremy Allaire.

Finance

Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances

The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.

Stellar Development Foundation CEO Denelle Dixon

Policy

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

CFTC Chairman Heath Tarbert

Policy

FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade

Finance officials never once named libra. But they didn't have to; the proposed stablecoin's shadow still looms large.

Regulators have effectively placed "global stablecoin projects" (read: libra) under siege.

Markets

Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.

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