Stablecoin

coindesk.com/policy/2024/04/17/us-senators-lummis-gillibrand-take-on-stablecoin-legislation-with-new-bill/

Apr 17

U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill: Senators Cynthia Lummis and Kirsten Gillibrand unveiled a new bill Wednesday ...

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Apr 07

What Does Ripple’s Stablecoin Mean for XRP?: XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers ...

coindesk.com/consensus-magazine/2024/04/04/what-does-ripples-stablecoin-mean-for-xrp/

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cointelegraph.com/news/stablecoin-delisting-europe-regulation-crypto-exchange

Apr 02

Van Eck Scion Launches Stablecoin With Investment Firm’s Support: Nick Van Eck, son of investment management veteran Jan Van Eck, is making a bet on ...

20

Mar 30

Stablecoin delistings in Europe spell change for crypto exchanges, issuers: Some on the continent see the opportunity for a new generation of European stablecoin ...

67

Apr 04

What Does Ripple’s Stablecoin Mean for XRP?: XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers ...

coindesk.com/consensus-magazine/2024/04/04/what-does-ripples-stablecoin-mean-for-xrp/

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cointelegraph.com

cointelegraph.com/news/circle-launches-usd-coin-ethereum-zksync

Apr 10

Circle launches USD Coin on Ethereum zkSync: The stablecoin is now usable across the zkSync ecosystems, which consists of 180 DApps.

7

Apr 01

Week in DeFi: Wormhole's W Token Launching on April 3: Wormhole's highly anticipated W token airdrop is set for April 3, while Ethena Labs is set to airdrop its ...

coinmarketcap.com/alexandria/article/week-in-defi-wormhole-announces-w-airdrop-date

64

Apr 12

Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra: "A lot of things can go wrong," in Ethena's yield-generation strategy ...

coindesk.com/business/2024/04/11/ethena-labs-divides-opinion-as-high-yield-stirs-memories-of-terra/

6

Apr 01

Tether Added Nearly 8.9K Bitcoin to Holdings in First Quarter: On-Chain Data: The stablecoin issuer's BTC stack now tops 75,000 tokens worth about $5 ...

coindesk.com/markets/2024/04/01/tether-added-nearly-89k-bitcoin-to-holdings-in-first-quarter-on-chain-data/

21

Apr 09

🗞️ Avi Eisenberg's $110 million fraud trial opens 🗞️ The Financial Stability Institute wants consistency in stablecoin regulation Host Jennifer Sanasie has ... Show more

2:07

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Apr 16

Stablecoin Law Push Gets Surprise Boost from Crypto Skeptic Sherrod Brown: A long-delayed bid to write a new law for stablecoins is getting a push from an ...

bloomberg.com/news/articles/2024-04-16/stablecoin-law-push-gets-surprise-boost-from-crypto-skeptic-sherrod-brown

0

Apr 17

Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...

bloomberg.com/news/articles/2024-04-17/senators-tout-new-stablecoin-bill-as-broader-banking-deal-eyed

0

Apr 16

Ghost of Facebook’s Libra Haunts Stablecoin Rules Five Years Later: In this edition of the Bloomberg Crypto newsletter, Emily Nicolle reports on the need for ...

bloomberg.com/news/newsletters/2024-04-16/ghost-of-facebook-s-libra-haunts-stablecoin-rules-five-years-later

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Apr 15

Germany’s LBBW Bank to Offer Crypto Custody Services: Landesbank Baden-Württemberg, Germany’s biggest federal bank, plans to start offering cryptocurrency ...

bloomberg.com/news/articles/2024-04-15/germany-s-lbbw-bank-to-offer-crypto-custody-services

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Apr 06

Terraform Labs and founder Do Kwon found liable in US civil fraud trial: A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable ...

cnn.com/2024/04/05/business/terraform-labs-do-kwon-found-liable-in-us-civil-fraud-trial/

Quick Glance: Conviction of CEO from 2022 Crypto Crash for Fraud

A court in Manhattan determined on Friday that a former crypto CEO from Singapore was liable for civil fraud. The decision aligned with the US Securities and Exchange Commission's claim that both he and his company deceived investors before the collapse of the company's namesake cryptocurrency in 2022.

Allegations were made by the SEC against Terraform and Kwon for deceiving investors in 2021 about the stability of TerraUSD, a stable coin intended to hold a value of $1. Additionally, it was asserted that both falsely stated that Terraform's blockchain was utilized in a popular Korean mobile payment app.

The depreciation of the two tokens led to the devaluation of other cryptocurrencies, including Bitcoin, and caused extensive turmoil in the crypto market, resulting in several companies filing for bankruptcy in 2022.

In recent months, US financial regulatory authorities have been focused on cracking down on dubious crypto moguls. The former FTX CEO Sam Bankman-Fried was sentenced to 25 years in federal prison for wire fraud and conspiracy to launder money. His company is still in the midst of controversial bankruptcy proceedings.

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Apr 11

Stablecoins are boosting demand for U.S. Treasury notes, crypto exec says: The CEO of Cantor Fitzgerald, custodian of stablecoin Tether, said stablecoins are ...

qz.com/crypto-stablecoin-tether-circle-us-dollar-1851403411

techtimes.com/articles/303350/20240407/cryptowatch-ripples-usd-stablecoin-coinbase-restricted-dealer-status-google-vs.htm

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Tech Times Apr 08

CryptoWatch: Ripple's USD Stablecoin, Coinbase Restricted Dealer Status, Google vs. Crypto Scammers

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bloomberg.com/news/articles/2024-04-04/ripple-to-launch-us-stablecoin-in-150-billion-crypto-market-xrp

Apr 04

Ripple Set to Launch US Stablecoin in a Crowded $150 Billion Market: Blockchain developer Ripple Labs Inc. plans to introduce its own dollar-denominated ...

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Apr 04

ZA Bank Is Talking to Potential Stablecoin Issuers About Fiat Reserve Accounts: Hong Kong’s ZA Bank is talking to potential stablecoin issuers about setting up ...

bloomberg.com/news/articles/2024-04-04/za-bank-looks-to-offer-hong-kong-accounts-for-stablecoin-issuers

Paid articlePaid

t3n.de/news/tether-audit-1617006/

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t3n.de Apr 04

Stablecoin Tether: Audit aims to create transparency and dispel concerns: The company behind the world's largest stablecoin is completing an audit to create more ...

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Mar 28

Bitcoin currently in ‘middle of the bull run’ — Grayscale report: A fresh report from Grayscale concludes that Bitcoin’s bull market still has a way to go.

cointelegraph.com/news/bitcoin-currently-in-middle-of-the-bull-run-grayscale-report

45

Mar 27

USDT Issuer Tether Launches New AI Division, Looking to Build New Open AI Models: Leading stablecoin issuer Tether has announced the establishment of a new ...

coinmarketcap.com/alexandria/article/usdt-issuer-tether-launches-new-ai-division-looking-to-build-new-open-ai-models

77

Mar 27

Coinbase Will Store More Corporate and Customer USDC Accounts on Layer-2 Base: Max Branzburg, the Vice President of Coinbase, has announced plans for Coinbase to ...

coinmarketcap.com/alexandria/article/coinbase-will-store-more-corporate-and-customer-usdc-accounts-on-layer-2-base

32

Mar 19

USDM stablecoin eyes retail rollout next month: Mehen founder: Mehen Finance says its recently launched USDM stablecoin on Cardano will be available to retail ...

cointelegraph.com/news/usdm-stablecoin-retail-rollout-april-mehen-founder

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Mar 14

MakerDAO Founder Christensen Announces Two New Tokens in “Endgame” Plan: MakerDAO, the organization behind the popular Dai stablecoin, has announced its ...

coinmarketcap.com/alexandria/article/makerdao-founder-christensen-announces-two-new-tokens-in-endgame-plan

97

CoinDesk

coinmarketcap.com/alexandria/article/israel-pioneers-shekel-backed-stablecoin-with-bils-pilot-program

Mar 24

The House Financial Services Committee Chairman Patrick McHenry, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill ... Show more www.coindesk.com/policy/2024/03/20/key-us-lawmaker-mchenry-says-house-has-workable-stablecoin-bill/

12

Mar 14

Israel Pioneers Shekel-Backed Stablecoin with BILS Pilot Program: Israel takes a leap into the world of digital currencies with its pioneering stablecoin project ...

81

CoinDesk

coindesk.com/business/2024/03/19/crypto-compliance-platform-keyring-raises-6m-to-unlock-defi-for-institutional-investors/

Mar 19

Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions: The company allows institutional investors to comply with regulations when ...

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Mar 12

🗞️ El Salvador bags major bitcoin gains 🗞️ Hong Kong's fresh stablecoin push Host Jennifer Sanasie has today's top crypto headlines on "CoinDesk ... Show more www.youtube.com/watch?v=https://www.youtube.com/watch

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Mar 06

Tether's $100 billion stokes stablecoin stability concerns: As Tether toasts $100 billion in circulation this week, the rapid rise of the world's biggest ...

reuters.com/technology/tethers-100-bln-stokes-stablecoin-stability-concerns-2024-03-05/

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Mar 11

MakerDAO Makes Temporary Fee Adjustments for DAI Amidst Market Volatility: MakerDAO, the organization behind the popular stablecoin Dai (DAI) ...

coinmarketcap.com/alexandria/article/makerdao-makes-temporary-fee-adjustments-for-dai-amidst-market-volatility

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Mar 25

Binance to end support for USDC stablecoin on Tron blockchain network: Cryptocurrency exchange Binance said on Monday it will end support for deposits and ...

reuters.com/technology/binance-end-support-usdc-stablecoin-tron-blockchain-2024-03-25/

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Mar 05

Week in DeFi: Yield-Bearing Stablecoins Are In Right Now : Over $780M is locked in Ethena Labs' USDe weeks after launching, while MarginFi releases its own ...

coinmarketcap.com/alexandria/article/week-in-defi-yield-bearing-stablecoins-are-in-right-now

68

Feb 25

Bitcoin mining difficulty skyrockets, new Satoshi emails revealed, and more: Hodler’s Digest, Feb. 18-24

cointelegraph.com/magazine/bitcoin-mining-difficulty-skyrockets-new-satoshi-emails-revealed-and-more-hodlers-digest-feb-18-24/

Quick Glance: Bitcoin Reaches New High Above $57,000

On Tuesday, Bitcoin reached a new high above $57,000.

The current price of the flagship cryptocurrency was recorded at $57,328.95, according to Coin Metrics. A peak of $57,445.14 was achieved earlier, marking the highest level since December 2021.

Joel Kruger, market strategist at LMAX Group, highlighted the increasing market motivation to break through the level as Bitcoin approaches its record high.

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Mar 10

Bitcoin hits new highs, SEC delays options decision, and stablecoin bill looms: Hodler’s Digest, March 3-9

cointelegraph.com/magazine/bitcoin-hits-new-highs-sec-delays-options-decision-stablecoin-bill-looms-hodlers-digest-march-3-9/

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Mar 11

Tether stablecoin USDT is coming to Celo blockchain: Stablecoin operator Tether announces Celo ecosystem integration amid the surging of Ethereum gas fees and ...

cointelegraph.com/news/tether-stablecoin-usdt-celo-blockchain

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Mar 08

Solana Client Developer Jito Announces End of 'Mempool' Function: The mempool was a key part of its technology stack that nonetheless allowed for ...

coindesk.com/business/2024/03/08/solana-client-developer-jito-announces-end-of-mempool-function/

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Feb 23

The DeFi bots pumping Solana’s stablecoin volume: Rampant bot activity has pumped daily USDC volume on a single Solana DEX past the entire stablecoin volume on ...

cointelegraph.com/magazine/defi-bots-pumping-solana-stablecoin-volume/

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Mar 07

Existing stablecoin models are "not totally fair," Usual CEO Pierre Person says. Watch as he takes the "First Mover" hot seat and answers ... Show more www.coindesk.com/video/how-usd0-plans-to-bring-more-transparency-to-the-existing-stablecoin-model/

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Feb 22

South Africa Explores Stablecoin Regulations: A South African government working group will assess use cases and regulatory approaches for stablecoins in 2024.

coinmarketcap.com/alexandria/article/south-africa-explores-stablecoin-regulations

91

Feb 27

Stablecoin USDC Is Making a Comeback: Coinbase: Total market cap of Circle's USDC has increased faster than that of larger rival Tether's USDT in ...

coindesk.com/markets/2024/02/27/stablecoin-usdc-is-making-a-comeback-coinbase/

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Feb 27

🗞️ Bitcoin crosses $57,000 🗞️ Is the USDC stablecoin making a comeback? Jennifer Sanasie has today's top crypto headlines on "CoinDesk Daily ... Show more

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Feb 21

Key Stablecoin USDC Ditches Tron Network, Cites Risk Management: The operator of the $28 billion USDC stablecoin, the second-largest such token in the ...

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Mar 28

America Must Lead on Crypto Regulation | by Dante Alighieri Disparte - Project Syndicate

project-syndicate.org/commentary/united-states-losing-competitive-edge-in-digital-asset-markets-by-dante-alighieri-disparte-2024-03

0

bloomberg.com/news/articles/2024-03-27/tether-usdt-is-most-used-stablecoin-in-illicit-crypto-flows-trm-says

Mar 27

Tether (USDT) Is Most Used Stablecoin in Illicit Crypto Flows, TRM Says: Tether was the most used stablecoin for criminal activity in crypto last year ...

0

Mar 29

The Struggle for Currency Supremacy | by Paolo Tasca - Project Syndicate: Paolo Tasca expects that digital assets will accelerate efforts to create alternatives ...

project-syndicate.org/onpoint/currency-competition-dollar-is-supreme-but-digital-assets-complicate-picture-by-paolo-tasca-2024-03

0

bloomberg.com/news/articles/2024-03-25/terraform-goes-on-trial-as-kwon-awaits-extradition-in-montenegro

Mar 25

Terraform Goes on Trial in Fraud Case; Do Kwon Awaits Extradition in Montenegro: Terraform Labs Pte. goes on trial Monday over civil fraud claims tied to the ...

0

Mar 22

Do Kwon went from crypto king to fugitive to the subject of an extradition contest between the US and South Korea. Here's what you need to know. www.bloomberg.com/news/articles/2024-03-22/do-kwon-from-terraform-crypto-king-to-south-korea-extradition-case

0

Mar 23

Crypto Fugitive Do Kwon Out of Jail, But His Next Destination is Unclear: South Korean crypto fugitive Do Kwon was released from prison in Montenegro early ...

bloomberg.com/news/articles/2024-03-23/crypto-fugitive-do-kwon-out-of-jail-but-his-next-destination-is-unclear

0

Mar 25

Who Is Do Kwon? Crypto CEO Whose Coin Lost $40 Billion In 2022 Facing Civil Fraud Trial

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Feb 22

Tether won’t confirm or deny if it’s dropping USDT on Tron: Tether, the issuer of the USDT stablecoin, didn’t answer if it would stop supporting the Tron network ...

cointelegraph.com/news/tether-wont-confirm-deny-plans-drop-usdt-support-tron

8

Feb 12

Locals Flock to 'Crypto Caves' in Argentina Amid Inflation: Argentines use underground crypto caves to escape inflation by trading pesos for stablecoins.

coinmarketcap.com/alexandria/article/local-flock-to-crypto-caves-in-argentina-amid-inflation

67

Mar 21

FTX Creditor Platform Buys $60 Million in Bankruptcy Claims: When FTX collapsed in Nov. 2022, Louis d’Origny was just one of more than a million customers who ...

bloomberg.com/news/articles/2024-03-21/platform-built-by-former-ftx-exec-snaps-up-60-million-in-claims

0

Mar 19

Exchange Investigates Flash Crash That Sent Bitcoin to $8,900: Crypto exchange BitMEX said it is investigating unusual trading activity, including possible ...

bloomberg.com/news/articles/2024-03-19/exchange-investigates-flash-crash-that-sent-bitcoin-to-8-900

0

Feb 23

Ethena Labs founder clarifies USDe stability amid high yield worries: Ethena Labs' founder, Guy Young, addresses concerns over USDe’s high yield in the wake of ...

cointelegraph.com/news/usde-yield-terra-luna-reaction-ethena-labs

2

cointelegraph.com

cointelegraph.com/news/ethena-usde-27-yield-concerns

Feb 05

🧩 Stablecoins can be complex, but understanding the difference between algorithmic and collateralized ones doesn’t have to be. 👉 cointelegraph.com/learn/algorithmic-vs-collateralized-stablecoins

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Feb 20

Concerns mount over Ethena USDe’s promise of 27% yield following mainnet launch: Ethena Labs’ launch of its USDe stablecoin with a 27.6% yield has stirred the ...

1

Mar 08

US to Contest Terraform's Do Kwon Extradition to South Korea in Crypto Case: Prosecutors in the US will continue to seek extradition of former ...

bloomberg.com/news/articles/2024-03-08/us-to-contest-do-kwon-extradition-to-south-korea-in-crypto-case

0

Feb 08

The last 24 hours in crypto: Imminent #Bitcoin price move, a surge in ransomware attacks, and Tron’s potential dominance in stablecoin payments ... Show more #crypto cointelegraph.com/podcasts/rise-n-crypto

0:28

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Feb 04

Have you ever tried to explain stablecoins to someone like they're five? Andy Bromberg, Beam CEO and Eco Protocol contributor ... Show more www.coindesk.com/video/the-future-of-stablecoin-powered-shopping/

0:55

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Mar 07

Senate stablecoin bill in the works from Sens. Lummis and Gillibrand: Stablecoins are a $140 billion market, but often cited as risks to U.S ...

axios.com/2024/03/07/stablecoin-regulation-bill-lummis-gilibrand

0

Free Malaysia Today

freemalaysiatoday.com/category/business/2024/03/05/stablecoin-tether-crosses-us100-billion-tokens-in-circulation/

Mar 05

Stablecoin Tether crosses US$100 billion tokens in circulation: Bitcoin rally spurs demand, with roughly US$124 billion in the dollar-pegged coins traded within ...

0

cointelegraph.com

cointelegraph.com/news/ethereum-name-service-open-building-in-house-layer-2-ens-director

Feb 08

Ethereum Name Service open to building own layer 2: ENS director: Ethereum Name Service executive director Khori Whittaker says the protocol is working hard on ...

2

Mar 09

A Stablecoin Pilot in China? | by Andrew Sheng & Xiao Geng - Project Syndicate: Andrew Sheng & Xiao Geng see an opportunity in Hong Kong’s efforts to establish a ...

project-syndicate.org/commentary/opportunity-to-pilot-offshore-renminbi-backed-stablecoin-in-hong-kong-by-andrew-sheng-and-xiao-geng-2024-02

0

Free Malaysia Today

freemalaysiatoday.com/category/opinion/2024/02/28/tether-the-most-successful-company-youve-never-heard-of/

Feb 27

Tether, the most successful company you've never heard of: Controversial stablecoin issuer Tether is larger than Maybank, CIMB, Public Bank and RHB combined ...

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Daily Maverick