Stablecoin
Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs
CoinDesk columnist and "All About Bitcoin" host George Kaloudis explores Washington, D.C.’s, love affair with central bank digital currencies.
House Committee Publishes Draft Version of Stablecoin Bill
The U.S. House Financial Services Committee published a draft version of a potential landmark stablecoin bill, with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency (CBDC). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the first possible major piece of crypto legislation that could move in 2023.
Stablecoins Gain Traction as Inflationary Shield in Latin America With Growth in Europe
Despite the bear market and the latest banking turbulence, users in Latin America and Europe continue to embrace stablecoins, but in a very different way.
U.S. House Committee Publishes Draft Stablecoin Bill
The stablecoin bill is the first major piece of crypto legislation in 2023.
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
Binance assigned a zero fee discount to the BTC-TUSD trading pair last month, waiving the promotion from Tether’s USDT.
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.
How South Korea’s Crypto Scene Is Emerging From Terra Luna's Implosion
The collapse of the Terra Luna stablecoin project reverberated throughout the world, causing some $60 billion to evaporate. But the longest shadow fell over Korea, where it remains today. CoinDesk's Executive Director of Global Content Emily Parker reports.
Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'
A "rough year" for crypto markets has underlined the need for comprehensive and consistent regulation of the sector, the International Monetary Fund (IMF) said in a new report, suggesting stablecoin issuers and crypto conglomerates need to have bank-style capital requirements. "The Hash" panel discusses how this might shape future crypto regulation across the globe.
Brazilian Investment Bank BTG Pactual Unveils Dollar-Backed Stablecoin
BTG Dol is the world's first dollar-backed stablecoin issued by a bank, BTG Pactual said
DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round
The startup will launch its mainnet and stablecoin this summer.
