Stablecoins


Policy

Proposed Bank Jewel Wants to Become a Global Stablecoin Issuer, With Bermuda’s OK

The bank submitted an application for a combined banking and digital asset license earlier this year.

Photo taken in Hamilton, Bermuda

Markets

Declining Interest in Bitcoin-Margined Futures Promises Less Price Volatility

With volatility likely to subside, more mainstream money may flow into the market.

Declining interest in crypto-margined futures (Glassnode, Delphi Digital)

Policy

Global Finance Watchdog Says $133B Stablecoin Sector Remains Niche

The Financial Stability Board, a G20 entity that provides recommendations for the global financial system, found stablecoins are not being used at any significant scale for payments at present.

FSB Chair Randal Quarles (Lintao Zhang/Getty Images)

Videos

What to Watch in Bitcoin This Week

Bitcoin’s price continues to rise, up more than 4% on the day. Patrick Heusser, head of trading at Crypto Finance AG, discusses his crypto markets analysis and outlook, explaining what he sees as drivers for positive or bullish sentiment around bitcoin.

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Videos

Blockstream CIO on Tether, Stablecoins, Liquid Network

Reacting to a report claiming Tether loaned out billions of dollars to Celsius and other crypto firms using bitcoin as collateral, Samson Mow, chief investment officer at bitcoin infrastructure firm Blockstream, discusses the increasing regulatory scrutiny over stablecoins, adding it’s “recycled FUD about Tether.”

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Finance

Morgan Stanley Silvergate Report Sends Crypto-Friendly Bank Up 7%

Morgan Stanley sees potential stablecoin adoption as positive for the bank.

Silvergate bank

Policy

Big Tech-Issued Stablecoins Could ‘Amplify Shocks’ to Financial System, Says ECB Exec

CBDCs could therefore represent “an anchor of stability,” according to a member of the ECB’s executive board.

ECB image via Shutterstock

Policy

US Wants to Regulate Stablecoins First

Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.

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Policy

FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’

The international body said last year’s recommendations on global stablecoin regulation were still at an “early stage.”

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Policy

US FDIC Said to Be Studying Deposit Insurance for Stablecoins

So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail.

An FDIC sticker on the door of a Chase Bank branch in New York (Ben Schiller/CoinDesk)