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Stablecoins
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.

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.

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.

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.

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.

Galaxy, Coinbase Bet $25M on DeFi Using Terra Stablecoins
The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.

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.

Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions
Tron USDT volume eclipses Ethereum for the third consecutive week.

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.

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.
