S&P


Markets

U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says

Institutional use of these cryptocurrencies will increase once rules are in place, the report said.

 Increasing the money supply is a hidden tax on everyone who holds that currency (Credit: iStockPhoto)

Finance

Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.

Stop sign (Krišjānis Kazaks/Unsplash)

Markets

Number of Stablecoin Holders Nears 100M Mark, Data Show

The number of addresses holding stablecoins has risen 15% this year, according to data source rwa.xyz.

The supply of stablecoins USDT and USDC  grew by $10 billion in a month, 10x research noted. (Shubham Dhage/Unsplash)

Markets

S&P Global Just Made Ethereum's Centralization Risk a TradFi Concern

Institutional interest in digital assets means that crypto terms such as 'Nakamoto Coefficient' are now mainstream issues.

Ethereum (Unsplash)

Policy

S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking

USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Markets

Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P

Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.

Cryptocurrencies could in theory offer protection against inflation. (stevepb/Pixabay)

Finance

Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others

Other participants of the network include BNP Paribas, Cboe Global Markets and Microsoft.

(Shubham Dhage/Unsplash)

Finance

S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora

The startup provides technological infrastructure for institutional credit across centralized and decentralized finance.

(Pixabay)

Markets

Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.

(rihaij/Pixabay)

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