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Stablecoins
$1B Stablecoin FEI Hits Price Target for First Time, Month After Launch
Meanwhile, FEI’s market capitalization has plunged by almost half.
Stablecoin Rush Breaks Out; JPMorgan, DBS and Temasek Launch Partior
Stablecoins adoption in Asia is outpacing the world as the transaction volumes of dollar-pegged crypto in the region continue their surge. JPMorgan, DBS Bank and Singapore’s sovereign wealth fund Temasek extend their Project Ubin partnership to form Partior. The new partnership will remove the pain points of cross-border payments and digitize commercial money through blockchain.
Why Is Tether Still So Controversial?
Coinbase Pro is delaying the rollout of trading on stablecoin tether (USDT) until next month, citing application programming interface (API) issues. “The Hash” panel breaks down the ongoing controversy around tether.
CBDCs and Stablecoins: The Regulatory Battle to Come
As central bank digital currencies do battle with stablecoins, dollar-backed projects will have to work hard to ensure independence.
Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021
After several delays, the Facebook-backed Diem project, formerly known as Libra, could launch a digital currency stablecoin pilot this year. “The Hash” panel gets into the details of the product and what it means for the world of crypto.
Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021: Report
The pilot would see a single stablecoin pegged to the U.S. dollar.
PBoC Softens Tone Toward Bitcoin, Stablecoins, Calling Them 'Alternative Investment'
The deputy governor said bitcoin and stablecoins were investment options and not currency during the Boao Forum on Sunday.
Japanese Internet Giant Taps Zero Hash for Settlement in Yen, US Dollar Stablecoins
The companies say the move will eliminate bottlenecks in the moving and settling of Japanese yen associated with traditional financial rails.
Anchorage Is Supporting DeFi Governance Token TRIBE Despite Its FEI Troubles
The TRIBE governance token’s FEI stablecoin project recently saw whales making gains and retail getting rekt.
$1B Fei Stablecoin's Rocky Start Is a Wake-Up Call for DeFi Investors
The episode could be the tipping point where retail crypto traders realize they have to be more judicious about buying into protocol launches.
