Stablecoin
-
Crypto
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.
Read More » -
Crypto
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5…
Read More » -
Crypto
Stablecoin Issuer Tether Hits Back at UN Report Alleging Role of USDT in Illicit Activity in East Asia
The report by the UN Office on Drugs and Crime (UNODC) said that “Online gambling platforms, and especially those that…
Read More » -
Crypto
A Critical Juncture for the Global Stablecoin Market
Elsewhere, the G-20 discussions earlier in the year revealed a split in perspectives, especially among emerging economies, over concerns about…
Read More » -
Crypto
Galaxy-Backed Gyroscope’s Decentralized Stablecoin GYD Goes Live on Ethereum (ETH) Mainnet
Backing assets are stablecoins deployed in certain strategies such as yield-generating sDAI and USDC in Flux, and also support automated…
Read More » -
Crypto
Aave’s GHO Stablecoin Nears Elusive Dollar Peg
The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week…
Read More » -
Crypto
A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
A new addition to the current convergence trend between crypto and traditional finance is Midas, a stablecoin backed by U.S.…
Read More » -
Crypto
What’s in the House Financial Services Committee’s Stablecoin Bill?
Another section calls for a study on “the potential impact” of a central bank digital currency (CBDC), or digital dollar,…
Read More » -
Crypto
U.S. House Committee Publishes Draft Stablecoin Bill
The bill, available on the committee’s hearing page, represents the first major piece of crypto legislation to move in 2023,…
Read More » -
Crypto
Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin
BTG Pactual, one of Latin America’s largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt.
Read More »