Stablecoins
Tether to issue monthly attestation reports with new accounting firm BDO Italia
USDT issuer Tether is working with BDO Italia to increase its transparency by publishing monthly attestation reports.
Christian Nwobodo 2 min read Stablecoins News
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Coverage footprint 5.6%
7D News sentiment 67 /100
Top Stablecoins Stories
Christian Nwobodo 2 min read 
Stablecoins
Huobi exited HUSD stablecoin deal before token depegged below $0.8
Huobi exchange claims it exited its stake in HUSD stablecoin since April, as liquidity crisis forces the stablecoin below $0.8.
Stablecoins
Acala burns 99% of aUSD involved in mint exploit
Acala's stablecoin aUSD now trading at $0.91 after 99% of the tokens minted in the exploit were burnt.
More Stablecoins News & Analysis
Hacks
Acala governance proposal submitted to burn $1.28B aUSD following investigation of exploit
Acala issues governance proposal including details of the weekend exploit which led to $1.2B aUSD being "erroneously minted" by a malicious actor.
Stablecoins
USDT supply up almost $2B over 30 days, USDC supply falls after blocking Tornado Cash linked wallets
Coingecko data showed that USDT's supply rose by 2.6% in 30 days to $67 billion, while USDC declined 2.1% to $53 billion.
Research
Research: Ethereum is recovering its dominance over stablecoins
Ethereum's price recovery led it to recover its dominance over stablecoins, with its market cap now standing at just over $243 billion.
Stablecoins
MakerDAO plans against sanctions from USDC exposure
With DAI collateralized by 33.9% USDC, MakerDAO is preparing for an emergency shutdown in the case of a sanction by US regulators.
Stablecoins
USDT volume on exchanges up 20% in 3 months
According to Santiment, the high percentage of Tether on exchanges is a sign of 2-year high buying power in the market.
Merge
Circle to ‘fully and solely support Ethereum PoS’
Circle said it would not have any problem with the Merge, and USDC will function efficiently on a PoS blockchain.
Latest Stablecoins News Headlines
DeFi
Vires.Finance to be “reset” following Waves revival plan proposal to solve liquidity crisis
Regulation
Singapore regulator responds to Terra collapse; plans to involve public in stablecoin regulations
Stablecoins
GHO Stablecoin to be launched as Aave DAO gives a 99.9% approval
Analysis