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Nalezeno "stablecoin": 3929

Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin


Following criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes introduced a risk tracker by intotheblock.com that monitors aspects like the token’s adherence to its U.S. dollar peg....

Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

Stablecoin Market Expands by $4.46 Billion in 12 Days


In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl


The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui 


The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain...

Ripple’s XRP stablecoin encounters massive headwinds ahead


Ripple recently announced that it is planning to enter the stablecoin industry. Given its 33 billion dollar market cap, the news made waves across the market. While the announcement was perceived positively, it also came with a silent admission that XRP was not meeting the payment industry...

Coinbase Legal Chief Pushes For Stablecoin Regulation


Paul Grewal, the legal chief at Coinbase, encouraged the US Congress to quickly pass stablecoin legislation on April 9 in order to combat the illegal usage of cryptocurrencies. Paul Grewal's plea coincides with the Senate Banking trial on combating terrorism, illicit financing, and sanctions...

Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers


ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be available for them after receiving a license from the Hong Kong...

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