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Stablecoins

Covering the most recent crypto news on stablecoins, funding, pseudonymity, digital currency, and more.


Markets

Stablecoins Are Becoming Systemically Important, Bernstein Says

Stablecoin supply is back to all-time highs with $170 billion in circulation, the report said.

By Will CannySep 19, 2024

Stablecoins Are Becoming Systemically Important, Bernstein Says

Finance

Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX

TrueX says it caters to rising client demand for truly secure segregation between execution and custody.

By Omkar GodboleSep 18, 2024

Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX

Finance

Fintech Giant Revolut Said to Be Planning Stablecoin

Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.

By Ian AllisonSep 18, 2024

Fintech Giant Revolut Said to Be Planning Stablecoin

Markets

Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B

The largest stablecoin's market cap has almost doubled in two years, while key rivals declined and new entrants have yet to pose a challenge.

By Krisztian SandorSep 17, 2024

Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B

Markets

U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank

Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.

By Will CannySep 12, 2024

U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank

Markets

Ethena's Yield Machine Sees $1B Outflows as Crypto Market Cools – But There's Good News

The protocol faced a challenging environment as yields from arbitraging bitcoin and ether funding rates tumbled to near-zero. Even so, its USDe token held steady to its $1 peg.

By Krisztian SandorSep 10, 2024

Ethena's Yield Machine Sees $1B Outflows as Crypto Market Cools – But There's Good News

Policy

SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins

The SEC said that it may challenge any transactions of distributions involving crypto assets to creditors.

By Amitoj SinghSep 2, 2024

SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins

Finance

Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report

Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.

By Jamie CrawleyAug 30, 2024

Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report

Finance

MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.

By Krisztian SandorAug 27, 2024

MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

Finance

Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody

M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.

By Ian AllisonAug 22, 2024

Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody

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