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Stablecoin
Solana Delivers 'Token Extensions' to Attract Compliance-Minded Token Developers
The new features let token developers hard code various restrictions into their assets.

TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues
TUSD went as low as 97 cents as Binance data shows traders apparently sold over $300 million worth.

Can Crypto Dethrone U.S. Dollar Dominance? Here Is Morgan Stanley's Take
U.S. monetary policy, combined with the use of economic sanctions, have forced some countries to look for alternatives to the dollar, while growth of stablecoins may have emphasized the need of the fiat currency, the bank said.

Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers
The integration allows developers to build cross-chain use cases via Chainlink's CCIP that involve multichain transfers of Circle's USDC stablecoin.

UN Says Tether Plays Major Role in Illicit Activity in East Asia; Stablecoin Issuer Hits Back
Tether said it was "disappointed" that the report had singled out its stablecoin, USDT.

Grayscale Begins Trading First Spot Bitcoin ETF; Circle Files for IPO
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry from Grayscale claiming bragging rights for being the first product to begin trading to stablecoin issuer Circle Internet Financial filing for an IPO. Plus insights on X no longer support NFT profile pictures.

Stablecoins Can Help Fix the Current Lending Market
The Global Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.

How Stablecoins Could Expand Into Payments Next Year
A recent Bitwise report titled, “The Year Ahead: 10 Crypto Predictions for 2024,” reveals the asset manager expects the crypto bull market will return and the use of stablecoins will rapidly expand into payments and remittances. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Fast Repeg Path
The not-so-stablecoin fell in value Monday after a single trader pulled much of the USDC that kept its Curve pool balanced.

Circle Issues Euro-Backed Stablecoin EURC Natively on the Solana Blockchain
Circle aims to boost around-the-clock foreign exchange transactions and remittances by deploying EURC on Solana.
