News Tomorrow is an important date for the issuers of Tether, a USD-pegged stablecoin. But what does it mean? Tether, the crypto heartbeat Tether Limited, the company behind the widely-used Tether (USDT) stablecoin, will submit several documents explaining its legality to the New York Prosecutor’s Office tomorrow, Jan....
Tag: stablecoins
Jan 15 2021
Jan 14 2021
Jan 13 2021
1inch Exchange Drops Costs of Swapping DAI, USDC Stablecoins
1inch Exchange, a leading DEX aggregator, has added support for MakerDAO's Peg Stability Module (PSM). This feature allows users to swap DAI:USDC at a 1:1 ratio while charging a...
Jan 12 2021
UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation
The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.
Jan 11 2021
Tether Mints Record 2B USDT in One Week
□ Jan 11 2021 □
Published
at CoinDesk
under tags
alameda research
bitcoin markets
bitfinex
coin metrics
markets
The previous record of 1.5 billion USDT was set the week before last.
Jan 10 2021
Crypto Long & Short: Traditional and Crypto Markets are Starting to Converge
□ Jan 10 2021 □
Published
at CoinDesk
under tags
cryptocurrency regulations
crypto long & short
custody services
markets
newsletters
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.
Jan 07 2021
Bitcoin Goes Institutional, Ethereum Spreads Its Wings: CoinDesk Q4 2020 Review
□ Jan 07 2021 □
Published
at CoinDesk
under tags
bitcoin
coindesk research
defi
ethereum
institutional investment
The latest research report looks at data and timelines and what they mean for asset prices.
Jan 06 2021
Here’s why stablecoins like USDC going ‘legal’ is bullish for DeFi
A landmark announcement for USDC. Unending social euphoria. Observers calling it bullish for DeFi. But what’s the whole deal really about The day the US government supported crypto Monday saw one of the biggest ever announcements to be made by...
Origin Brings Back Interest-Earning OUSD Stablecoin Following $7M Hack
Origin is relaunching its yield-generating stablecoin following a November attack that drained OUSD holders of $7 million.
Jan 05 2021
Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH
□ Jan 05 2021 □
Published
at CoinDesk
under tags
brian brooks
occ
podcasts
stablecoins
the breakdown
A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure.
Central Bank Digital Currencies: How Should Privacy Be Built In?
This panel, from a panel for the fifth anniversary of Hyperledger, features Rob Palatnick, managing director of global head of technology research and innovation at the DTCC and chairman of the Hyperledger board, Matthieu Saint Olive, Codefi payments product manager and CBDC advisor at ConsenSys, and Robert Bench, assistant vice president at the Federal Reserve Bank of Boston. In this discussion on the...
US Treasury Announces Support for Stablecoins, Bitcoin drops below $30,000
□ Jan 05 2021 □
Published
at CryptoCurrency – Finance Magnates | Financial and business news
under tags
bitcoin
crypto
regulation
stablecoins
treasury
The OCC allowed banks to use stablecoins for payment activities, Bitcoin dropped below $30,000.
Jan 04 2021
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.
Dec 31 2020
Crypto Dollars and CBDCs: The Battle to Come
□ Dec 31 2020 □
Published
at CoinDesk
under tags
cbdcs
opinion
people
stablecoins
year in review 2020
The future of money will be a tussle between algorythmic and fiat-pegged stablecoins and central bank digital currency experiments.
Dec 29 2020
Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.
This stablecoin project just moved from Ethereum to Tezos; here’s why
Stably announced its collaboration with the Tezos ecosystem in a release this week. The move will bring the USD-backed stablecoin, USDS, to the latter. From Ethereum to Tezos Stablecoin development project Stably...
2020 Highlights: The Biggest New Stories of the Year in Crypto
Host Laura Shin recaps the biggest stories of the year in crypto, with clips from shows throughout the year. In this episode, we cover how the pandemic drove Bitcoin to new all-time highs, how regulation began to come for the crypto space in a big way, plus new trends in DeFi, corporate structures, and how ETH will change as an asset....
Dec 24 2020
This Ethereum-based stablecoin is up 122% in the past 24 hours
Yes, you read that right: an Ethereum-based stablecoin meant to trade around one U.S. dollar is up approximately 100 percent in the past 24 hours alone. That stablecoin is Dynamic Set Dollar (DSD), which is an algorithmic stablecoin that is meant to trade around $1.00 through a system of price oracles, dynamic supply adjusting, yield farming, and financial vehicles called coupons. 24 hours...
Dec 17 2020
Nationalizing Stablecoins Won’t Improve Financial Access
Proposals forcing stablecoin issuers to get banking licenses won't increase financial inclusion, as their proponents claim.