Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The FSB said it will submit two public consultation reports on regulating cryptocurrencies and stablecoins, which pose risks to financial stability.
Monica Noronha 3 min read 
Boris Johnson's recent half-given resignation may shuffle the background settlements on U.K.'s crypto regulations, if there is any.
A BTC loan to Celsius was liquidated "without loss" by Tether. The process resulted in excess funds being returned to Celsius as Tether aimed to "minimize" the effect on the market
The proposed stablecoin GHO will be overcollateralized, pegged to the U.S. dollar, and backed by Aave Protocol collaterals.
Shytoshi Kusama says Shiba Inu developers are focused on completing Ryoshi plan for the meme token ecosystem.
Circle CEO Jeremy Allaire refuted claims that the company is struggling and said Circle is in the "strongest position it has ever been in financially."
The stablecoin issuer is making good on its promise to reduce its commercial paper holdings and have more of its reserves held in US Treasuries.
Although MiCA will bring much needed regulatory clarity, crypto firms will face stricter rules under the new framework.
According to the official, the President's Working Group on Financial Markets are actively exploring the space and looking to have the law come into force by the end of this year
