Stablecoins
Crypto Lending Company Celsius Files for Permission to Sell Its Stablecoin Holdings
The bankrupt company currently owns 11 forms of stablecoins totaling approximately $23 million, according to disclosures.
Russian Millionaire’s Startup Plans Ruble Stablecoin Following DAI Model
The firm founded by Russian ex-banker Alexander Lebedev plans to introduce the coin on the Ethereum blockchain.
Latinoamericanos acuden a stablecoins vinculadas al dólar estadounidense a medida que aumenta la inflación
Los usuarios de América Latina ya consideran a las stablecoins como más seguras que sus propias monedas, según un nuevo estudio.
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
The development is part of a move away from centralized crypto products such as stablecoins.
Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos
Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study.
BofA: Crypto Exchange Binance to Benefit From Increased Supply of BUSD Stablecoin
Crypto exchange Binance’s decision to convert all users' investments in stablecoins USD coin (USDC), trueUSD (TUSD) and pax dollar (USDP) into its native binance USD (BUSD) may generate limited additional revenue in the short term, but could have larger implications in the long term, Bank of America reported. "The Hash" hosts discuss what this means for the state of the stablecoin markets.
Why Binance Isn't Converting Tether to BUSD
Binance is converting all investments in USDC, pax dollar (USDP) and trueUSD (TUSD) into its stablecoin Binance USD (BUSD) on Sept. 29. Patrick Hillmann of Binance discusses the change and why Tether won't be moved.
Crypto Exchange Binance to Benefit From Increased Supply of Its Own Stablecoin, BofA Says
The automatic conversion of other stablecoins could increase the supply of binance USD by $908 million, the bank said.
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBDC.
