Fed Chair says stablecoins need stricter regulation, speaks on CBDC
He stated that stablecoins need stricter regulations if they are to be part of the payment universe. Go to Source Powered by WPeMatico
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BREAKING: Stablecoin firm Circle to go public in $4.5B blank-check deal
Backed by American investment bank Goldman Sachs, Circle is a major stablecoin partner of payment giant Visa. Go to Source Powered by WPeMatico
China’s central bank worried about stablecoins’ risk to financial systems
While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. Go to Source Powered by WPeMatico
3 reasons why Terra (LUNA) price rallied by 20%
The growing interest in stablecoins, new partnerships and the improving state of the wider market back LUNA’s newfound bullish momentum. Go to Source Powered by WPeMatico
Terra and Harmony announce DeFi partnership focused on UST stablecoin integration
“Terra is excited to expand our growing portfolio of DeFi products to multiple chains and working with Harmony to bring UST and Anchor to another growing ecosystem,” said Do Kwon, co-founder and CEO of Terra. Go to Source Powered by WPeMatico
Stablecoin growth could affect credit markets, rating agency warns
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. Go to Source Powered by WPeMatico
Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether
Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins. Go to Source Powered by WPeMatico
3 reasons why analysts are turning bullish on Curve Finance (CRV)
Attractive yields for stakers, protocol revenue and competition among DeFi protocols have analysts pointing to a bullish long-term view for Curve Finance. Go to Source Powered by WPeMatico
1inch to launch dollar-pegged stablecoin with ICHI
The new one1INCH stablecoin will be collateralized by a combination of USDC and 1inch’s native token. Go to Source Powered by WPeMatico
Coinbase Launches High Yield USDC Accounts With 4% APY
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With Interest Rates Eight-Times Higher the national average The cryptocurrency exchange … Read more
