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While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion
16.10.2022
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June...
Fed governor Waller says US CBDC would not enhance things the world loves about US fiat
14.10.2022
The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place, according to Waller
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
14.10.2022
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero...
Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
13.10.2022
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead
Tether, el emisor de la stablecoin USDT, reduce a cero sus tenencias de papel comercial
13.10.2022
La empresa ha ido sustituyendo gradualmente su tenencia de papel comercial por bonos del Tesoro de Estados Unidos
Tether reduces commercial paper exposure to zero, replaces investments with T-Bills
13.10.2022
The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper
Stablecoin Issuer Tether Cuts Commercial Paper Holdings to Zero
13.10.2022
The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills
Onomy hybrid DEX’s expansion to Shimmer’s stablecoin unlocks Web3’s growth
13.10.2022
Onomy is greatly excited and takes immense pleasure in making its formal announcement that they are in the due process of connecting its Hybrid DEX, all bridges, and its collection of stablecoins, onto the Shimmer network. However, this will, in the opinion of the team at Onomy, pave the way...
Russian stablecoin usage surged after Ukraine invasion: Report
13.10.2022
According to Chainalysis data, Russia's stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect their assets
Financial Stability Board Lays Out G20 Crypto and Stablecoin Plans
12.10.2022
The Financial Stability Board (FSB), an international advisory body created by the G20, has laid out its recommendations for crypto regulation, and said most existing stablecoins are not in compliance.
FSB’s recommendations for crypto and stablecoin regulation were first endorsed by the G20 –...
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
11.10.2022
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay
Crypto and Payments Firm MobileCoin Launches New Stablecoin – ‘Electronic Dollars’
10.10.2022
The company says Electronic Dollars (eUSD) will be “the first data-protecting stablecoin.”
Over 12,000 Brazil companies declare crypto holdings in record high
10.10.2022
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings
9.10.2022
Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most...
US DOC agency NIST explores security, safety, trust of stablecoins
8.10.2022
The National Institute of Standards and Technology (NIST) found that the top five coins that retained their peg represented 87 % of the total top 20 market capitalization
Distribution of assets is 'not possible at this time', says Luna Foundation Guard
8.10.2022
The fund cited “ongoing and threatened litigation” in its reasons for being unable to distribute its remaining assets to UST users starting with the smallest HODLers
Crypto Biz: NYDIG stacks sats, Elon buys Twitter
7.10.2022
Amid the bear market, positive signs of crypto adoption continue to emerge. Also, Elon Musk is finally moving ahead with plans to acquire Twitter
MakerDAO goes ahead with $500M investment in treasuries and bonds
7.10.2022
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield
Web3 must bridge back into Web2 for real cash flows — Checkout.com VP
6.10.2022
“The seamless payments infrastructure and user experience derived from Web2 will be the backbone of Web3’s success,” said Max Rothman
Decentralized Social Network's DeSo Token Rallies Amid Stablecoin Plans
6.10.2022