Stablecoins
Covering the most recent crypto news on stablecoins, funding, pseudonymity, digital currency, and more.
SocGen to Introduce EURCV Stablecoin, Picks Flowdesk as Market Maker
The stablecoin, EUR CoinVertible, isn't the first based on the euro, but it does have the backing of Societe Generale, a major European financial institution.
By Sam ReynoldsDec 5, 2023
PayPal's Jose Fernandez da Ponte: Stablecoins for All
The payments giant debuted its own Ethereum-based U.S. dollar stablecoin this year, offering serious competition to existing market leaders such as Tether's USDT and Circle's USDC.
By Benjamin SchillerDec 4, 2023
Paolo Ardoino: The Hardest Working Man in Crypto
The newly promoted CEO of Tether is looking to diversify the firm's investments after a banner year where the stablecoin giant is on track to profit $4.5 billion.
By Daniel KuhnDec 4, 2023
Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations
IOSCO denied crypto industry requests for a bespoke regime for stablecoins while requiring closer cooperation between regulators in promotional material.
By Camomile ShumbaNov 17, 2023
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
By Elizabeth NapolitanoNov 16, 2023
Crypto Market Sees Net Capital Inflow for First Time in 17 Months
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market.
By Omkar GodboleNov 15, 2023
Can Stablecoins Get Past Their Instability?
Moody's Head of DeFi Rajeev Bamra considers the role stablecoins play cryptocurrency markets, and the risks posed by "depegging" events.
By Rajeev BamraNov 9, 2023
BIS Researchers Say Stablecoins Are Failing to Live Up to Promise
For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.
By Camomile ShumbaNov 8, 2023
UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.
By Camomile ShumbaNov 8, 2023
U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
By Jesse HamiltonNov 7, 2023
