Stablecoins


Markets

Stablecoins Aren't Inflating Crypto Market, Study Concludes

New research on issuances and flows of Tether and other stablecoins finds no systematic evidence that these assets drive cryptocurrency market movements.

Money printer goes 'brrr'... (via Shutterstock)

Markets

Miners Trick Stablecoin Protocol PegNet, Turning $11 Into Almost $7M Hoard

The millions in tokens were later destroyed, painting a confusing picture of the attacker's motives.

Credit: Shutterstock

Markets

Facebook's 'Scaled Back' Libra Proposal Is More Dangerous Than You Think

With stablecoin announcements from China and Libra in the same week, the war over the future of money is reaching a new height, says our columnist.

Facebook libra china flag

Markets

Dai Lending Rates Rise to One-Month High on DeFi Platform Compound

Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.

Ripple

Finance

Why This Global Crisis Is a Defining Moment for Stablecoins

The programmability of stablecoins will "change how we think about money itself," says cLabs' Marek Olszewski.

Via Shutterstock

Markets

Circle CEO Claims 'Explosive' Stablecoin Demand From Everyday Businesses

Dollar-backed stablecoins are surging in popularity, and much of the demand is from normal businesses, not just crypto traders, Circle’s CEO said.

Circle founder and CEO Jeremy Allaire

Markets

Market Wrap: Ether Making Big Gains as Stablecoins Proliferate on Ethereum

The Ethereum network has become the place where stablecoins proliferate. Can ether keep rising in price as a result?

Source: CoinDesk BPI

Finance

Libra Scales Back Global Currency Ambitions in Concession to Regulators

The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.

CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)

Tech

Ethereum Now Matches Bitcoin on One Key Metric

The use of the Ethereum network to move value around has shot to record levels, thanks to the growth of stablecoins.

scales

Tech

Solana Blockchain Adds Korean Stablecoin Terra for Better Payments

Solana is adding the Terra stablecoin in an effort to bring "novel applications that require price-stable payments" to its high-throughput blockchain.

Solana team