Can USDT keep its Stablecoin title? These recent developments imply….
According to CoinMarketCap, USDT, the number one stablecoin in terms of market cap, may be the target of the larger crypto market FUD. On chain...
Did Fed officials express a strong need for stablecoin regulations?
Since its inception, the cryptocurrency market has been fraught with uncertainty and speculation. Recently, two US Federal Reserve officials requested that additional laws be enacted...
United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.” Scott Beck,...
Huobi explains what went wrong with HUSD after the stablecoin has recovered.
The HUSD team explained that the depeg occurred as a result of the closure of market maker accounts in some regions in order to comply...
USDT takes this long stride to win the stablecoin battle with USDC
The battle between the top two stablecoins continues to see new feuds over land on a monthly basis, each taking turns to strategize their winning...
SNX’s 116% rally on the back of growing stablecoin demand means…
The recovering market has been benevolent for many altcoins such as Synthetix, more so than others. In fact, in addition to this, their use cases...
USDC to overtake USDT as the largest stablecoin? This report could be crucial.
The much-discussed battle between stablecoins continues to gain traction. Particularly given the ongoing conflict between USD Coin (USDC) and Tether's (USDT). According to some analysts,...
Circle claims that the USDC stablecoin is now fully backed by cash and US Treasury bonds.
Circle, the payments business behind the USDC stablecoin, has published a detailed asset breakdown of the reserves that underpin its expanding dollar-pegged token. While unaudited,...
USDC vs. USDT – Is this stablecoin reaching the end of its ‘Circle’?
The stablecoin market, like the rest of the cryptocurrency ecosystem, is constantly evolving. Things changed quickly, particularly once TerraUSD [UST] entered the scene only to...
Stablecoins show crypto’s’structural fragilities’ – Federal Reserve
"Investors face risks when stablecoins are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards," according to the...
Circle Issues a Euro-Backed Stablecoin
Circle, the firm behind the USDC stablecoin, announced the introduction of a new fiat-backed digital asset named Euro Coin (EUROC) on Thursday. The new Euro...
Scientists claim to have created a completely decentralised stablecoin that is linked to electricity.
The E-Stablecoin would necessitate many scientific breakthroughs that are already in the works, and would reportedly allow electricity to be sent nearly for free. Researchers...
Maker’s Decentralized Stablecoin Is Coming to Cosmos Thanks to Umee
Following Terra’s $40 billion implosion last month, the Cosmos ecosystem is on the hunt for a new decentralized stablecoin. Today, the team at cross-chain protocol...
Is USDD headed for the same systemic problems that brought UST down
The world has barely recovered from the UST stablecoin crash and yet another similar threat is already on the horizon. This time in the form...
Checkout.com has launched a 24-hour stablecoin settlement service in collaboration with Fireblocks.
Merchants may now accept USDC payments and convert the proceeds immediately into fiat currency. Checkout.com, a global payment processor, has unveiled a new stablecoin settlement...
USDC and USDT: The Changing Stablecoin Demography
The depegging and subsequent collapse of TerraUSD sent shockwaves across the crypto market, and as a result, other major stablecoins like as Tether (USDT), USD...
If they are big enough, the Bank of England will bail out collapsing stablecoin issuers.
The Bank of England declared yesterday that it will act to direct and supervise falling stablecoins if it determined that a stablecoin issuer "has reached...
UK government proposes additional safeguards against stablecoin failure risks
The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a...
Tron surpasses DeFi as the third-largest blockchain thanks to the Terra-Like Stablecoin.
Tron, the blockchain founded by Justin Sun and debuted in 2018, is currently DeFi's third-largest blockchain in terms of total value locked (TVL). According to...
In the midst of the stablecoin market’s ‘May-hem,’ Tether is taking fresh measures to reclaim lost territory.
Tether, the largest stablecoin with a $73 billion market valuation, has released its native USDT on Polygon. Despite the recent de-pegging, the action is likely...
Nansen’s UST stablecoin depeg study has two main findings.
As the dust settles on the Terra ecosystem's dramatic collapse, an on-chain deep dive conducted by blockchain analytics firm Nansen offers two key insights. The...
While you were sleeping, UST experienced a +400% rally — Here’s everything you need to know.
Is there a ghost in the blockchain? Or is it a poltergeist at work? The 25th of May began with a daily surge of more...
When formulating crypto laws, the FCA will ‘definitely’ take recent stablecoin depegging into account: Report
The Economic and Finance Ministry of the United Kingdom said in April that it will endeavour to include stablecoins into a regulatory framework for digital...
Is DEI, a hybrid algorithmic stablecoin, following in the footsteps of UST?
Following the demise of Terra's UST and the temporary depegging of Tether's USDT, Deus Finance (DEI) is the newest victim. The meltdown of the...
Stablecoin supplies and cash reserves in question amid crypto exodus
The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week. Cryptocurrency investors...
Justin Sun Promotes Tron’s High-Yielding, Terra-Inspired Stablecoin
Tron blockchain founder Justin Sun stated today on Twitter that traders can now receive incentives by transferring the network's recently created USDD, an algorithmic stablecoin...
Tether has reduced commercial paper holdings backing stablecoin by half: CTO
Tether CTO Paolo Ardoino stated at a recent Twitter Spaces event discussing stablecoins and recent crypto volatility that the stablecoin provider had lowered the amount...
Stablecoin trust is ‘infinitely more important’ than collateral.
As the debate over the trustworthiness of stablecoins heats up as a result of Terra, one expert believes that developers should push for the coins...