Research
Inside stablecoin supply dynamics as TUSD shakes up the market
Exploring the significant shift in supply growth in the top 5 largest stablecoins by market cap.
stablecoins
Latest stories
Regulation
European Banking Authority urges stablecoin issuers to comply with upcoming MiCA regulation
EBA issued five guiding principles for the stablecoin issuers to comply with.
Research
Stablecoin buying power on exchanges increases as BTC and ETH see outflows
June brought on a significant increase in stablecoin buying power on exchanges, indicating there could be an increase in buying pressure on the market amid large Bitcoin and Ethereum outflows.
Adoption
Hong Kong will not allow retail customers to trade stablecoins
Hong Kong's securities watchdog warns that licensed platforms cannot provide interest-bearing or lending services to customers.
Stablecoins
Binance’s regulatory woes don’t seem to scare crypto investors
The CFTC’s lawsuit against Binance and CZ didn’t cause widespread concern about the exchange’s standing, as the massive decline in its stablecoin holdings is in line with the broader market switch to Bitcoin.
Adoption
Over 20 crypto firms plan to establish presence in the city: Hong Kong authorities
The Hong Kong authorities said they were working on establishing a licensing regime for virtual asset service providers by June 2023.
Stablecoins
Stablecoins inflow to Ethereum L2s rise 5% to over $2B
In February, Arbitrum's stablecoin inflow averaged over $10 million per day as the network saw a total influx of around $300 million.
Stablecoins
Three Japanese banks to issue compliant stablecoins on ‘Japan Open Chain’
The Japanese banks are expected to issue legally backed stablecoins that can be used in Ethereum wallets like MetaMask.
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.
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.
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."
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.
