stablecoins

20 global currency stablecoins to form International Standards Body

Although stablecoins pegged to the US dollar currently dominate the market, recent developments have shown the importance of diversifying.

3 years ago

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.

3 years ago

Stablecoins

Binance CZ says stablecoin regulation would boost adoption

CZ said on Feb.1 that stablecoins regulation could help accelerate its adoption and commended Hong Kong's "decided approach."

3 years ago

DeFi

Ondo Finance launches tokenized US Treasuries, bonds for stablecoin holders

Ondo Finance's three investment products offer returns between 4.62% and 8.02% annually.

3 years ago

Stablecoins

Adoption grows as more than $7T settled with stablecoins in 2022

The total value settled with stablecoins this year surpassed the settlement value at Mastercard, which processed around $2.2 trillion in value in 2022.

3 years ago

Stablecoins

Bitfinex holds the highest amount of Tether(USDT) at 60%, exchange balances surpass ATH

Despite recently losing 1% of its USD peg, Tether has 60% of its entire supply held across various exchanges with Bitfinex holding the largest share.

3 years ago

Stablecoins

New York court orders Tether to provide documents on USDT reserve

Tether must also provide information about its accounts at Bittrex, Bitfinex, and Poloniex.

4 years ago

Crypto

Research: USDT, USDC exchange balance going in opposite directions

The balance of USDT on exchanges doubled in the past year reaching $17.7 billion, while USDC saw the $7 billion it recorded earlier this year drop to $2.1 billion.

4 years ago

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.

4 years ago

Regulation

US lawmakers propose bank-like regulation for stablecoin issuers

Stablecoin issuers would be forced to have their reserves backed in conservative assets like cash and US Treasury bonds that would not be vulnerable to market panics.

4 years ago

Regulation

Gensler says SEC can consider tailoring rules for crypto industry compliance

Gensler said several crypto companies have been non-compliant with offering unregistered securities to investors.

4 years ago

Adoption

Stablecoins are becoming a safe haven for Afghans fleeing the oppressive Taliban regime

To preserve what wealth they have left, Afghans are moving away from volatile assets — including Bitcoin.

4 years ago