Stablecoins | CoinDesk

Tether's Price Has Stabilized, But the Stablecoin's Supply Is Still Shrinking

Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation.

By David FloydOct 31, 2018

Tether has had a difficult month, and rivals are eyeing its position as the top crypto "stablecoin." Here's how the contest plays out in the data.

By David FloydOct 29, 2018

A new ethereum token is being created and it holds a one-to-one peg with bitcoin.

By Christine KimOct 26, 2018

Following massive transfers of its dollar-linked tokens into a company-controlled account, Tether has destroyed a large chunk of USDT supply.

By David FloydOct 24, 2018

A CoinDesk report regarding a misleading data point on CoinMarketCap has led to a change in the way tether trading volume is calculated.

By David FloydOct 24, 2018

A new stablecoin launching on the Stellar network is pegged to the Australian dollar and is being pitched for consumer and business use.

By Leigh CuenOct 23, 2018

Bitfinex's API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn't exist. So what does that $48 million in daily volume mean?

By David FloydOct 23, 2018

Coinbase is providing support for the Circle-issued USDC stablecoin. The token will initially be supported through Coinbase Wallet.

By Nikhilesh DeOct 23, 2018

Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company's "treasury" wallet.

By David FloydOct 22, 2018

Replacing tether's role in the crypto markets will require an obsession with maintaining transparency and trust.