Biden Official Says US Government Could Pass Stablecoin Rules by End of Year

The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday. дальше »

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Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement

STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse. дальше »

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MakerDAO Voting to Allocate $500 Million Treasury Funds

The decentralized autonomous organization behind the Dai stablecoin, MakerDAO, is currently voting on how to allocate $500 million in treasury funds. The post MakerDAO Voting to Allocate $500 Million Treasury Funds appeared first on BeInCrypto. дальше »

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Cardano asset trading platform Tent integrates COTI stablecoin DJed

COTI, a DAG protocol optimized for decentralized payment networks, announced today that it a formed a partnership with Trading Tent, a platform for trading any type of native Cardano asset within two wallets. дальше »

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Cardano asset trading platform Tent integrates COTI stablecoin Djed

COTI, a DAG protocol optimized for decentralized payment networks, announced today it has formed a partnership with Trading Tent, a platform for trading any type of native Cardano asset within two wallets. дальше »

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Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC

The derivatives leader announced in a press release that it will be settling its options trading market in the second-largest stablecoin by market cap. дальше »

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Cryptocurrencies under $1 to help you diversify on a budget

TRON TRX/USD, Cronos CRO/USD, and Algorand ALGO/USD are some of the best cryptocurrencies that you can get for under $1. USDD, the stablecoin that runs on top of the Tron blockchain, was officially listed on Bitkan on June 28, 2022. дальше »

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Circle inks custody deal with New York Community Bancorp

USD Coin (USDC) issuer Circle has partnered with New York Community Bancorp in a deal that will see the bank’s subsidiary, New York Community Bank, become a custodian for the stablecoin’s reserves, Circle announced June 28. дальше »

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New York Community Bank to Hold Assets Backing Circle's USDC

The partnership marks the first time for a community bank to custody reserves for a stablecoin. дальше »

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Tether CTO refutes stablecoin FUD as short-sellers circle

Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price. дальше »

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Tron [TRX]: The true significance of 7 million transactions over the last 24 hours

The recent growth witnessed by Justin Sun's project has surprised a lot of investors. This led to a significant rise in support for the network. Not too long after launching its own stablecoin, Tron [The post Tron [TRX]: The true significance of 7 million transactions over the last 24 hours appeared first on AMBCrypto. дальше »

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Tether CTO Affirms Hedge Funds Tried to Short USDT

Paolo Ardoino, CTO of Tether, affirmed today that hedge funds have been attempting to short the USDT stablecoin. CTO Says Funds Failed to Short Tether Ardoino wrote on Jun. 27... дальше »

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Tether responds to the increase in hedge funds shorting USDT

Tether CTO Paolo Ardoino has responded to a June 27 report by The Wall Street Journal that hedge funds have short bets on Tether’s stablecoin USDT via crypto brokerage Genesis Global Trading. дальше »

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Tether CTO says portfolio is ‘stronger than ever’

Tether CTO Paolo Ardoino has reiterated the stablecoin issuer’s stance that its operations, products and portfolio is indeed as strong as ever. Ardoino’s comments, shared in a long Twitter thread on Monday, come amid what has been reported as a “coordinated attack” on Tether’s USDT by hedge funds after LUNA/UST’s collapse. дальше »

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ANZ’s stablecoin used to buy tokenized carbon credits

The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trading platform BetaCarbon. дальше »

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Crypto Sleuth Warns That Justin Sun’s USDD Is Following Path of Terra’s UST

Self-proclaimed Internet detective, Cofeezilla has said Justin Sun's new algorithmic stablecoin, USDD, is towing the path of becoming the next LUNA/UST. The post Crypto Sleuth Warns That Justin Sun’s USDD Is Following Path of Terra’s UST appeared first on BeInCrypto. дальше »

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Why the Crypto Crash Will Accelerate Regulatory Action

Recent events, including the collapse of the TerraUSD stablecoin, are likely to hasten regulators consideration of crypto regulation. дальше »

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BlockFi Raises Rates Three Days After FTX Bailout

BlockFi is raising the yield on its Bitcoin, Ethereum, and stablecoin lending products three days after FTX extended the company a $250 million revolving line of credit. The Powers of... дальше »

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Gold-Backed Stablecoin Can Help Russia Circumvent Sanctions, Government-Owned Bank Suggests

Researchers at Russian bank VEB suggested the country issues a gold-backed stablecoin for international payments to evade sanctions. дальше »

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Tether To Roll Out Token Pegged To The British Pound Next Month

Tether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT, a crypto asset pegged to the Mexican peso. дальше »

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Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)

The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a way for cryptocurrency investors to park their funds to escape from volatility. дальше »

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Tether Set To Launch Stablecoin Pegged To The British Pound

Tether Operations Limited, the Hong Kong-based firm behind the largest stablecoin by market capitalization, USDT, has revealed plans to launch another stablecoin dubbed GBPT. The token is expected to be pegged to the British Pound Sterling at a 1:1 ratio. дальше »

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Tether to issue new stablecoin pegged on British Pound

Tether, the issuer of leading and largest US dollar-pegged stablecoin USDT, has announced plans to launch another stablecoin, the company said on Wednesday. The new offering will be pegged on the British Pound, the firm said, with the ticker symbol GBPT. дальше »

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Tether Launches Stable British Pound Sterling GBPt

Stablecoin pegged to British pound officially announced by Tether дальше »

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Tether to Issue Sterling-Pegged Stablecoin, GBPT

Stablecoin issuer Tether plans to launch a new coin that is pegged to the British pound in July. дальше »

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Tether to launch GBPT stablecoin pegged to British pound sterling

Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. дальше »

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First Mover Asia: Bitcoin Holds Steady Over 20K; USDC's ‘Flippening’ of USDT and the Continued Stablecoin Bear Market

Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg. дальше »

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First Mover Asia: Bitcoin Holds Steady Over 20K, USDC's ‘Flippening’ of USDT and the Stablecoin Bear Market

Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg. дальше »

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U.S. Fed says recent strain highlights ‘structural fragilities’ in stablecoin sector

The Federal Reserve views stablecoins as an area of concern due to the recent strain on the digital assets, noting that this has highlighted the “structural fragilities in that rapidly growing sector. дальше »

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Tether Prepares Full Audit to Improve USDT Reserves Transparency

Tether, the world's largest stablecoin with $68 billion in assets, will undertake a full audit with a top 12 accounting firm in order to improve transparency on its USDT reserves. The post Tether Prepares Full Audit to Improve USDT Reserves Transparency appeared first on BeInCrypto. дальше »

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USDC v. USDT - Is this stablecoin nearing its 'Circle' of life?

The stablecoin market, like the rest of the cryptocurrency ecosystem, continues to see new updates every day. Things changed rapidly, especially after TerraUSD [UST] came into the picture only to crasThe post USDC v. дальше »

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USDC could replace Tether despite skeptics

For a long time, Tether has been the biggest stablecoin in the market. Its…

The post USDC could replace Tether despite skeptics appeared first on CoinJournal.

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CoinShares: Ситуация с stETH не похожа на случай с Terra

Отвязка «стейкингового эфира» в Lido Finance отличается от ситуации с утратой Terra USD паритета с долларом США. К таким выводам пришли аналитики CoinShares. Is the decoupling of Lido staked ETH another stablecoin collapse? Our analyst @marcarjoon explores the risks and rewards of the liquid staking service and why no silver bullet solution has yet been offered. Click here […] дальше »

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Record stablecoin market share points to crypto upside: JPMorgan

Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs. дальше »

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Аналитики призвали не сравнивать дисконт stETH и крах Terra

Отвязка «стейкингового эфира» в Lido Finance отличается от ситуации с утратой Terra USD паритета с долларом США. К таким выводам пришли аналитики CoinShares. Is the decoupling of Lido staked ETH another stablecoin collapse? Our analyst @marcarjoon explores the risks and rewards of the liquid staking service and why no silver bullet solution has yet been offered. дальше »

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Tron price prediction: TRX forms a break and retest pattern

Tron price is attempting to bounce back even as the USDD stablecoin continues losing… The post Tron price prediction: TRX forms a break and retest pattern appeared first on CoinJournal. дальше »

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One Week Later, TRON’s Terra Ripoff Is Still Worth Less Than a Dollar

The TRON stablecoin USDD is meant to track the price of the dollar, but its struggled to maintain its peg over the past week. TRON Stablecoin Faces Depeg Issues TRONs... дальше »

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Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

The decoupling of ether (ETH) and Lido Finance’s staked ether (stETH) is not equivalent to the breaking of the link between terraUSD (UST) and the dollar, and isn’t an example of a stablecoin collapse, according to CoinShares. дальше »

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MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions

MakerDAO, one of the oldest DAOs, has suspended its DAI stablecoin from being minted and deposited into Aave’s lending platform. The post MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions appeared first on BeInCrypto. дальше »

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Terra Developer Hit with Lawsuit

Illinois resident Nick Patterson has sued Terraform Labs and venture capitalists over promotion of the failed stablecoin project дальше »

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LUNA and LUNC: A fight on the legal front, but what of the price front?

In light of regulatory actions following the collapse of Terra’s LUNA and its UST stablecoin, holders of these crypto-assets now seek compensation for their losses. On 13 June, a class-action lawThe post LUNA and LUNC: A fight on the legal front, but what of the price front? appeared first on AMBCrypto. дальше »

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BIS to launch market intelligence platform amid stablecoin, DeFi collapse

BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects. дальше »

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Bitcoin's street cred in the face of a bear market has been pretty...

The crypto bears have been in full swing recently without any respite. All major cryptocurrencies are resting in red with the stablecoin massacre now raining over MIM [Magic Internet Money]. UST has vThe post Bitcoin's street cred in the face of a bear market has been pretty... appeared first on AMBCrypto. дальше »

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Will Magic Internet Money [MIM] become the latest domino to fall

The latest victim of the crypto crash looks set to be Abracadabra’s a U.S. dollar-pegged stablecoin Magic Internet Money (MIM). The talks of the de-pegging started to spread on 17 June. However, theThe post Will Magic Internet Money [MIM] become the latest domino to fall appeared first on AMBCrypto. дальше »

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Fed Sounds Alarm on “Recent Strains” in Stablecoin Market

Stablecoins pose a risk to the financial system due to their lack of transparency and often lack of safe reserves, according to a new Federal Reserve report. Federal Reserve Highlights... дальше »

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Tether: With UST gone and USDD struggling, is USDT next in line

With UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up pressure on stablecoins recently aThe post Tether: With UST gone and USDD struggling, is USDT next in line appeared first on AMBCrypto. дальше »

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This Week In DeFi – June 17

To the DeFi community, This week stablecoin issuer Circle has announced the launch of Euro Coin (EUROC), a new stablecoin […] The post This Week In DeFi – June 17 appeared first on DeFi Rate. дальше »

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TronDAO Injects $300 Million in USDC to Reserves; USDD Still De-Pegged

Tron's USD-pegged stablecoin USDD might be the most "over-collateralized" asset right now дальше »

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Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer

The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer – though any motivation or rationale remains a mystery. дальше »

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Tether's USDT market cap dips below $70B for an 8-month low

Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been growing notably, with the market value surging to $55 billion. дальше »

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