Stablecoins


Markets

Stablecoins Hit $20B Milestone, a Nearly 300% Year-to-Date Surge

The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic.

packs-163497_1280

Markets

CoinDesk Reporters Discuss FinCEN Files, Venezuela's Stablecoin Flop and More

From the CoinDesk Global Macro news desk, this is Borderless - a twice-monthly roundup of the most important stories impacting Bitcoin and the crypto sector from around the world.

Venezuelan Bolivars and U.S. dollars.

Finance

Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account

Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.

Matt Liu, co-founder; Tom Linton, OUSD head engineer; and Josh Fraser, co-founder

Policy

'Misleading' Term Stablecoin Should Be Ditched, Says ECB

The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.

ecb

Policy

SEC, OCC Issue First Regulatory Clarifications for Stablecoins

The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.

OCC

Finance

Checking In With Terra, the Korean Stablecoin Firm Bringing Online Shoppers to Crypto

Terra's stablecoin savings account is a month delayed but the project is gaining momentum with over 2 million users on the firm's Chai payments app.

Terra's Chai app is seeing growth. (Soo Chung/Unsplash)

Markets

Monetary Policy Is Finished and Macro Debates Are Boring, Feat. Raoul Pal

A wide-ranging conversation about the state of macro, why central banks can’t really do anything and why private markets are leading the future of money.

(Altayb/Getty Images)

Finance

Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June

Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).

Dapper Labs CEO Roham Gharegozlou

Finance

The Crypto Firms Collaborating on a Swiss Franc Stablecoin

“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers.

Swiss francs (Claudio Schwarz | @purzlbaum/Unsplash)

Tech

'No Other Option but More Collateral': The Short- (and Long-) Term Fixes for Dai’s Broken Peg

Stablecoin demand in yield farming is breaking dai's peg. Solutions revolve around USDC and Maker's version of QE, but will these measures last?

MakerDAO founder Rune Christensen