Stablecoins News

Stablecoin trends, regulation, and their growing influence in global payments and DeFi.

Stories 1,331 in this category

Coverage footprint 5.4% of all CryptoSlate stories

Bitcoin coin stopped at a metal gate while smaller tokens pass through, illustrating Congress targeting crypto wash-sale rules while favoring stablecoin tax treatment

Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins

The new Digital Asset PARITY Act draft would extend wash-sale rules to digital assets while shielding certain regulated payment stablecoins from routine gain-or-loss recognition.

1 week ago

Stablecoins

Op-ed: Why the USDC depeg is not a reason to panic

We delve into the stability of USDC and analyze crucial factors and risks associated with it.

3 years ago

Stablecoins

Stablecoins rally as Circle announces it will cover all USDC redemptions 1:1

Circle pledges to cover any shortfall in USDC stablecoin assets after Silicon Valley Bank collapse.

3 years ago

Stablecoins

Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor

As of press time, almost all of the big stablecoins are struggling with maintaining their peg except for Tether's USDT, which is trading slightly above its peg at $1.01.

3 years ago

Bankruptcy

Crypto Twitter labels Senator Warren ‘tone deaf’ on crypto audits amid SVB meltdown

The community said the tweet was Warren's latest attempt to demonize the crypto industry and called it "tone deaf" amid the banking crisis involving Silicon Valley Bank (SVB).

3 years ago

Stablecoins

USDC depeg – Everything we know so far as contagion spreads from TradFi banking

Coinbase and Binance both suspend USDC conversions until the dollar peg stabilizes, while BlockFi and Avalanche both reveal ties to SVB.

3 years ago

Regulation

SEC Wells Notice, what is it and why more may be coming

On Feb. 3. Paxos received a Wells Notice from the SEC indicating that they were under investigation.

3 years ago

Stablecoins

BitMEX co-founder Arthur Hayes proposes Bitcoin-backed stablecoin ‘NakaDollar’

Hayes said 1 NUSD would be created by depositing $1 Bitcoin on a derivative exchange and then shorting the same amount of Bitcoin on an inverse perpetual swap.

3 years ago