Stablecoin

The House Financial Services Committee is meeting to discuss stablecoin regulation Tuesday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses ​what we can expect.

8 feb 2022

CoinDesk’s Nikhilesh De weighs in on Silvergate Bank confirming Monday it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (formerly Facebook) announced as Libra in June 2019.

1 feb 2022

The Diem Association, the Meta Platforms (formerly Facebook)-led group seeking to create a stablecoin, is allegedly considering selling the project's assets to return money to investors. This comes as regulatory pressures have stalled Diem since its conception in 2019. "The Hash" group reflects on Diem and the regulatory lessons to be learned.

26 jan 2022

Brian Brooks, former Acting Comptroller of the Currency and current CEO of bitcoin mining firm Bitfury, discusses his views on the potential problems with an increased focus on U.S. stablecoin and crypto regulation from lawmakers. "Why can't we let the existing regulatory regime work?" Brooks said. "Why do we always feel the need for more constraint versus more innovation?" Plus, his take on Trump-era crypto policy and the energy impact of blockchains.

18 jan 2022

China’s Blockchain-based Services Network rolling out NFT infrastructure. Pacific Island nation of Palau plans to issue stablecoin. LooksRare makes explosive debut as OpenSea competitor. These stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

14 jan 2022

FirstBank has joined the USDF Consortium, an association of FDIC-insured financial institutions, to build a network of banks to further the adoption and interoperability of a bank-minted stablecoin “USDF.” FirstBank Chief Administrative Officer Wade Peery shares insights into the Consortium and the state of stablecoins as part of a larger discussion on the crypto markets.

13 jan 2022

Reacting to how DeFi should be regulated globally, "Shark Tank" star, entrepreneur, and O'Shares chairman Kevin O'Leary discusses his take on the need for stablecoin policy.

12 jan 2022

PayPal is looking into launching its own stablecoin as the company grows its crypto business. Hidden code in its iPhone app shows a potential “PayPal Coin” would be backed by the U.S. dollar. “The Hash” panel discusses Paypal’s latest crypto efforts, potentially bringing mainstream blockchain awareness.

10 jan 2022

Stablecoin issuer Tether froze over $1 million worth of USDT belonging to a single address. "The Hash" host Naomi Brockwell uses this news to point out "all these stablecoins are freezable at the protocol level." The hosts dive into trade-off risks between centralized versus algorithmic stablecoins like Terra's UST.

4 jan 2022

Matt Leising, the co-founder of blockchain tech firm DeCential, discusses the potentially false narratives about crypto in the media. Plus, insights into the evolution of decentralized autonomous organizations (DAOs), thoughts on the ConstitutionDAO project, and views on stablecoins.

15 dec 2021