Stablecoin – Page 55

Stablecoin supplies and cash reserves in question amid crypto exodus

The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.

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MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.

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CBDC activity heats up, but few projects move beyond pilot stage

Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow.

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80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST.

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First 7-week losing streak in history ― 5 things to know in Bitcoin this week

Doom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum.

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UK Treasury en route to legalizing stablecoins amid Terra’s UST crash

During the Queen’s Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow.

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$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus

The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether’s exposure to the U.S. credit system.

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SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability

SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Currently Not Real Threat to Financial Stability

A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently “not a real threat” to the country’s financial stability. SEC Commissioner on Stablecoin Regulation The regulation of stablecoins has been a hot topic this week following the Terra fiasco […]

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