Stablecoins
Covering the most recent crypto news on stablecoins, funding, pseudonymity, digital currency, and more.
Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group
Tether plans to seek licensing for the stablecoin under the U.A.E. central bank's Payment Token Services Regulation
By Jamie CrawleyAug 21, 2024
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says; USDT Issuer Claims Sour Grapes
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the JPMorgan report said.
By Will CannyAug 15, 2024
Stablecoin Supply Growth Isn't Eating Into Crypto Market Share: JPMorgan
The share of stablecoins versus total cryptocurrency market capitalization is relatively unchanged this year, the report said.
By Will CannyAug 15, 2024
Tether's USDT and Circle's USDC Combined Supply Grew $3B Amid Crypto Market Rebound
Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.
By Krisztian SandorAug 9, 2024
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it plans to use both Ripple USD (RLUSD) and XRP for cross-border payments services.
By Krisztian SandorAug 9, 2024
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.
By Camomile ShumbaJul 31, 2024
Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources
The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.
By Will CannyJul 30, 2024
Bank of England to Carry Out CBDC, Digital Ledger Experiments
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.
By Camomile ShumbaJul 30, 2024
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
By Camomile ShumbaJul 26, 2024
Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants
On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.
By Amitoj SinghJul 18, 2024
