Stablecoin

By Adrian Blust, Adam B. LevineJan 11, 2023

TRON founder and Huobi Global Advisor Justin Sun shares an update on USDD, Tron network's algorithmic decentralized stablecoin.

Dec 21, 2022

Coinbase is waiving the conversion fees for users that wish to switch to a "trusted stablecoin" in a new campaign that highlights the quality of reserves that back Circle-owned USD Coin (USDC). "The Hash" panel discusses the potential reasons behind Coinbase's move.

Dec 9, 2022

Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to go public. The stablecoin issuer had announced plans to go public in July 2021, with a valuation of $4.5 billion. The valuation was later doubled when the firms amended their terms in February. "The Hash" panel discusses what this means for the future of mainstream stablecoin adoption as crypto contagion continues to spread.

Dec 5, 2022

MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to invest in bonds with the crypto investment firm.

Dec 1, 2022

The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance. Plus, details on the community’s voting on increasing DAI stablecoin rewards.

Dec 1, 2022

The once-popular HUSD stablecoin has fallen dramatically from its $1 peg, touching a low of 28 cents after crypto exchange Huobi announced it delisted the asset on Friday. "The Hash" panel weighs in on the crypto exchange's recent move, stablecoin competition.

Oct 31, 2022

FTX CEO Sam Bankman-Fried told The Big Whale in an interview that the crypto exchange “is very likely" to create a stablecoin. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what kind of stablecoin it could be and the exchange’s moves in a bear market.

Oct 27, 2022

Rep. Jim Himes (D-Conn.) joins "First Mover" live from CoinDesk's I.D.E.A.S. in New York City to discuss his outlook on cryptocurrency regulation in the U.S. He says there's "room for both" a private stablecoin and a central bank digital currency (CBDC). Plus, he discusses the timeline of a U.S. CBDC.

Oct 18, 2022

Stablecoin issuer Tether has reduced its commercial paper holdings to zero, replacing those holdings with U.S. Treasury bills. "The Hash" discusses the latest in the world of stablecoins.

Oct 14, 2022