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Stablecoin


Finance

Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M

The startup is one of the first to build tokenized tech for Bitcoin's Runes era.

By Danny NelsonApr 26, 2024

Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M

Policy

Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

Waters has previously called a version of the stablecoin bill “deeply problematic and bad for America."

By Amitoj SinghApr 25, 2024

Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

Markets

Number of Stablecoin Holders Nears 100M Mark, Data Show

The number of addresses holding stablecoins has risen 15% this year, according to data source rwa.xyz.

By Omkar GodboleApr 24, 2024

Number of Stablecoin Holders Nears 100M Mark, Data Show

Finance

USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns

CryptoQuant also said that Ethena's keep rate should remain above 32% in the event of a bear market.

By Oliver KnightApr 18, 2024

USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns

Finance

DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures

The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.

By Will CannyApr 17, 2024

DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures

Finance

Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra

"A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum.

By Oliver KnightApr 12, 2024

Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra

Policy

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

House Financial Services Committee Chairman Patrick McHenry and the panel's ranking Democrat, Maxine Waters, reportedly met with the Senate's majority leader on next steps.

By Jesse HamiltonApr 11, 2024

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

Finance

Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push

FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.

By Krisztian SandorApr 10, 2024

Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push

Policy

Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election

Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crack down on illicit crypto financing.

By Cheyenne LigonApr 9, 2024

Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election

Policy

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year

The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.

By Jesse HamiltonApr 9, 2024

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year

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