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Nalezeno "stablecoin": 3981

Amendments to US commercial code differentiate crypto and ‘electronic money’

25.8.2022
The updated guidelines seek to clarify the terms of crypto assets lending and specify the status of CBDCs

Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations

24.8.2022
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Tether’s recently published...

Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’

22.8.2022
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer...

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

22.8.2022
3.022 billion aUSD were previously minted via a liquidity bridge glitch

Stablecoin issuers hold more US debt than Berkshire Hathaway: Report

22.8.2022
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway

Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper

20.8.2022
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin...

10 Traditional Companies that are Moving into Crypto Despite Market Downturn

20.8.2022
Big traditional companies have continued to embrace crypto in a variety of ways over the past year, despite the current market downturn. To keep you up to date on who is doing what to secure their slice of the crypto economy, we have gathered a list of 10 traditional companies that have recently...

Independent Tether attestation reveals 58% decrease in commercial paper holdings

19.8.2022
An independent review from the accounting firm BDO reported that the stablecoin issuer's total assets exceed its consolidated liabilities

HUSD Stablecoin Returns to $1 Peg After Liquidity Problems

19.8.2022
The HUSD stablecoin, which is issued by Stable Universal, has returned to its $1 peg after suffering "liquidity problems" in relation to a closed market maker account

Huobi explains what went wrong with HUSD after stablecoin is back on track

19.8.2022
The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations

New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings

19.8.2022
Stablecoin issuer Tether has cut its commercial paper exposure to $8.6 billion, with a reduction to $200 million on track by the end of the month

Kaiko Report Shows Latam Harnessing Crypto Mostly for ‘Real World’ Use Cases

19.8.2022
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real world” use cases. Among these activities are remittances, stablecoin-based yield...

Seoul Says It Is Talking to Int’l Counterparts About Streamlined Stablecoin Regulations

18.8.2022
South Korean regulators say they will move to regulate stablecoins in the wake of the “Terra/LUNA incident.”... Read More: Seoul Says It Is Talking to Int’l Counterparts About Streamlined Stablecoin Regulations

Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token

18.8.2022
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said...