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Stablecoins
Russia's Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021
Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year
Circle Gets $25M From DCG to Drive USDC Mainstream
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum
Terra is joining forces with Cosmos, Web3 Foundation and Solana to roll out a DeFi product meant for a wider consumer audience. Meet Anchor.
Australian Payment Card Company to Trial Micropayments Using Hedera Hashgraph
Eftpos Australia is using Hedera Hashgraph to trial a micropayments system that could rival traditional online methods.
Are Stablecoins Eurodollars 2.0? Long Reads Sunday
Long Reads Sunday features two essays previously published on CoinDesk that show the trajectory of stablecoins in the global economy in 2020.
First Mover: 'Boring' Bitcoin Shrugs Off Twitter Hack as Stablecoins Co-Opt Satoshi's Dream
Prices for bitcoin barely budged, even as a scam involving the cryptocurrency appeared to be the motivation for a massive Twitter hack.
Hong Kong Citizens Turn to Stablecoins to Resist National Security Law
Hong Kong's national security law enables the government to seize and confiscate assets if one commits a "political crime." Some local citizens are turning to stablecoins for protection, while exploring other decentralized technology to resist censorship.
Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars
Crypto-dollarization is the world's next best hope to meet its insatiable demand for U.S. dollars.
Brazil's Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction
Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar.
Former US Treasury Secretary Laurence Summers Expects 'a Ton of Innovation' Around Stablecoins
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example of their usefulness.
