Stablecoins


Finance

Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper

Tether's assets as of Dec. 31 stood at $67 billion with liabilities of $66 billion, almost all of which relates to digital tokens issued.

(Shutterstock)

Finance

L'émetteur de Stablecoin Tether annonce un bénéfice de 700 millions de dollars et se retire complètement du papier commercial

Au 31 décembre, les actifs de Tether s'élevaient à 67 milliards de dollars et le passif à 66 milliards de dollars, la quasi-totalité étant liée aux jetons numériques émis.

(Shutterstock)

Finance

Emissor de Stablecoin Tether reporta lucro de US$ 700 milhões, saída completa de papel comercial

Os ativos da Tether em 31 de dezembro eram de US$ 67 bilhões, com passivos de US$ 66 bilhões, quase todos relacionados a tokens digitais emitidos.

(Shutterstock)

Finance

Ang Stablecoin Issuer Tether ay Nag-uulat ng $700M Profit, Kumpletong Paglabas Mula sa Commercial Paper

Ang mga asset ng Tether noong Disyembre 31 ay umabot sa $67 bilyon na may mga pananagutan na $66 bilyon, halos lahat ay nauugnay sa mga digital na token na ibinigay.

(Shutterstock)

Videos

Money Reimagined: Is 'Public Money' Needed As We Move Into a More Digital World?

On this episode of “Money Reimagined," Michael Casey speaks with Neha Narula, the director of the MIT Digital Currency Initiative to discuss the trends of both digitalization and innovation pertaining to stablecoins, digital currencies and the future of public money. Their conversation was recorded on the sidelines of the World Economic Forum in Davos, Switzerland in January 2023.

Davos 2023

Policy

Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto

Nigerians are paying a premium, but probably more for the stability of the U.S. dollar than for bitcoin, an analyst told CoinDesk.

Nigeria's bitcoin premiums are skewed by U.S. dollar exchange rates in the country. (Minchen Liang/Getty)

Policy

Hong Kong to Require Stablecoin Licensing as Early as This Year

Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.

Hong Kong regulator pushes for tougher crypto regulations. (Chester Ho/Unsplash)

Markets

Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens

The annualized percentage yield from providing stablecoin liquidity on Curve's 3pool, also known as DeFi's savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note.

(RosZie/Pixabay)

Tech

Fantom Blockchain to Release Version 2 of fUSD Stablecoin

The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.

(EyeEm/Getty Images)