Stablecoin
Tether on Tron Blockchain Hits $24B, Surpassing Ethereum Amid Explosive Stablecoin Demand
The amount of tether on the Tron blockchain has exceeded that on Ethereum.
Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe
Bitfinex says early Friday it repaid fully of the loan to Tether.
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
Buying in these stablecoins may foretell where the crypto market is going.
Kadena Onboards Celo’s Dollar Stablecoin, Plots January Launch for Decentralized Exchange
The hybrid blockchain maker said it is collaborating with fintech firm Celo to on-board its stablecoin, cUSD, to Kadena’s platform using a trustless bridge.
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China.
Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’
Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
Interest in Gold-Backed Token Trading Grows Amid Supply Disruptions
On Thursday, hourly trading volume in Tether Gold climbed to over $13 million, up from roughly $1 million the day before.
EU Official: We Can't Regulate Libra Without More Details
The European Union is still trying to figure out what to do about Libra, according to a new memo.
