Stablecoins


Policy

G20 Watchdog Warns Nations to Mitigate Risks Posed by Libra-Like Stablecoins

National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says.

(Shutterstock)

Finance

Banking API Platform Sila Raises $7.7M on Promise of Programmable Money

The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.

Sila CEO Shamir Karkal (left) with CTO Alexander Lipton, Chief Legal Officer Angela Angelovska-Wilson and COO Isaac Hines. (Credit: Sila)

Finance

Chicago's Trading Firms Look to DeFi With New 'Alliance'

DeFi may actually grow during the coronavirus crisis. TD Ameritrade, Cumberland, CMT Digital, DV Trading and Jump Trading are hoping to facilitate.

Imran Khan of Volt Capital is the DeFi Alliance's project lead.

Tech

Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether

Coinbase has put $1.1 million in USDC into the pools powering two of the more popular DeFi applications on Ethereum: Uniswap and PoolTogether.

DIVE IN: The Coinbase funding provides liquidity for two of the more popular DeFi dapps on Ethereum. (Credit: Shutterstock)

Markets

Zero Interest Rates Could Hamper the Stablecoin Business

Zero or negative interest rates will force stablecoins to look at their fee structures and cut costs. Only the fittest will survive, says our columnist.

Bank notes from Northern Ireland

Markets

Tether CTO Claims USDT Stablecoin Can Boost DeFi Liquidity

Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem.

Tether Chief Technology Officer Paolo Ardoino. Tether issues the USDT stablecoin.

Markets

USD Stablecoins Are Surging, but Zero Interest Rates Complicate Business Model

With investors seeking safety in dollars, stablecoins have seen inflows of more than $2 billion since the crash. But, says our columnist Hasu, zero interest rates threaten business revenue.

(Evannovostro/Shutterstock)

Policy

The Overton Window Opens for a Digital Dollar

As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.

U.S. Capitol

Policy

Global Stablecoins May Be Subject to Securities Regulation, Says IOSCO

Global stablecoins may be subject to securities laws, says IOSCO, in a new report that could complicate such projects’ embrace of decentralization.

Credit: Shutterstock

Policy

The US Should Use Stablecoins for Emergency Coronavirus Payments

Paying out the stimulus using stablecoins would be cleaner and cheaper than sending checks in the mail, says the CEO Of Binance.US.

Photo by Sharon McCutcheon on Unsplash