Stablecoins


Finance

The Block Founder Mike Dudas Takes Stablecoin Role at Paxos

The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business.

Paxos

Markets

Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs

Buying in these stablecoins may foretell where the crypto market is going.

Circle founder and CEO Jeremy Allaire

Markets

Visa May Add Cryptocurrencies to Its Payments Network, Says CEO

The card giant could eventually use digital currencies over blockchain in the same way it processes traditional money.

Visa HQ

Markets

US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs

Fed Chair Jerome Powell has said the central bank needs “better regulatory answers” for global stablecoins.

Federal Reserve building, Washington, D.C.

Policy

What Tether Means When It Says It's 'Regulated'

Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws.

A screenshot from Laura Shin's interview with Deltec Deputy CEO Gregory Pepin, Tether's banker.

Finance

Galaxy, Coinbase Bet $25M on DeFi Using Terra Stablecoins

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Markets

Bank of England Governor Insists Digital Payments (but Not Crypto) Are Sticking Around

BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency.

Bank of England Chief Andrew Bailey

Markets

Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions

Tron USDT volume eclipses Ethereum for the third consecutive week.

Tether weekly transaction count on Ethereum and Tron

Tech

MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.

alin-andersen-TfK0Bbz7ruI-unsplash

Markets

UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation

The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.

H.M. Treasury headquarters in London