Stablecoins
Over $2B BUSD burnt in the last seven days
Binance-backed BUSD has seen its supply shrink by around $5 billion as regulators ramp up their scrutiny of the stablecoin.
Oluwapelumi Adejumo 2 min read Stablecoins News
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
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Top Stablecoins Stories
Oluwapelumi Adejumo 2 min read 
Regulation
Circle CEO says stablecoin regulation should not be assigned to U.S. SEC
Jeremy Allaire insists that stablecoins can be treated as payment systems.
Regulation
SEC Commissioner Hester Pierce wants regulator to defer stablecoin regulation to Congress
Wall Street Journal reported that the SEC was investigating whether stablecoins are products issued in violation of investor-protection laws.
More Stablecoins News & Analysis
Stablecoins
Circle plans to increase workforce by 25% in 2023
Circle finance chief Jeremy Fox-Geen said the firm expects to employ up to 225 workers to join its 900-member workforce.
Banking
BIS chief says past events ‘cast doubt’ on stablecoins’ ability to function as money
The bank chief believes tokenized deposits and central bank digital currencies (CBDCs) can make the financial industry more efficient.
Regulation
Paxos asserts that Binance USD is not a security under two separate tests
The stablecoin issuer says that it is working constructively with the SEC.
Regulation
Circle recommends Central Bank of Ireland adopt public blockchains for consumer protection
USDC issuer Circle engages with Central Bank of Ireland to promote the benefits of blockchain for improving consumer protection
Stablecoins
CZ: ‘Landscape is shifting,’ following 15% drop in BUSD market cap
Market participants' actions indicate shift towards favoring Tether over BUSD as regulatory pressure continues to mount on Binance.
Regulation
Binance snags former Gemini compliance officer amidst scrutiny over BUSD
Binance has hired a compliance executive who formerly worked for its competitor Gemini, according to a Feb. 14 WSJ report.
Latest Stablecoins News Headlines
Stablecoins
Circle denies that SEC sent any Wells notice
DeFi
Traders turn to USDT as BUSD dominates heavily imbalanced Curve liquidity pool
Exchanges
Binance processes $1B withdrawals amid regulatory scrutiny on BUSD
Stablecoins