Coinbase will pay users 4% interest on USDC holdings
The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. Go to Source Powered by WPeMatico
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Crypto.com taps Circle for global dollar deposits
Crypto.com and Circle’s partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries. Go to Source Powered by WPeMatico
Iron Finance bank run stings investors — A lesson for all stablecoins?
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization. Go to Source Powered by WPeMatico
Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi
The days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools. Go to Source Powered by WPeMatico
How stablecoins stay stable, explained
Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar. Go to Source Powered by WPeMatico
Trust is key to mainstream adoption for stablecoins, says Paxos CEO
In order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said. Go to Source Powered by WPeMatico
BIS optimistic about central bank digital currencies
The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system. Go to Source Powered by WPeMatico
MakerDAO slashes stability fees as stablecoin demand wanes
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction. Go to Source Powered by WPeMatico
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation. Go to Source Powered by WPeMatico
Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin
As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination … Read more
