Stablecoin


Finance

Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Ethena

The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023.

Dragonfly has acquired MetaStable Capital. (Getty Images)

Tech

Gnosis Lets Crypto Users Make Everyday Purchases From Wallets With Visa

The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life.

Gnosis Pay leadership: Martin Koeppelmann, Stefan George, Marcos Nunes, and Dr. Friederike Ernst (Gnosis).

Finance

Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation

Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13

US banknote image via Shutterstock

Videos

Circle Trims Workforce Slightly to Maintain 'Strong Balance Sheet'

Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday. While some departments were subject to layoffs, the stablecoin issuer said it will continue to hire in other areas. "The Hash" panel weighs in on the lingering effects of crypto winter, along with Circle considering issuing a stablecoin in Japan.

Recent Videos

Markets

Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko

The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.

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

Opinion

It's Time for a Euro Stablecoin

The European Union's landmark Markets in Crypto Assets (MiCA) regulations provide much needed clarity for digital assets in Europe, setting the stage for a bloc-wide stablecoin.

(Guillaume Périgois/Unsplash)

Videos

Circle Considers Issuing Stablecoin in Japan Under New Rules

Circle is considering issuing a stablecoin in Japan, given that legislation governing stablecoins took effect on June 1, the payment services company's co-founder and CEO Jeremy Allaire said. CoinDesk Executive Director of Global Content Emily Parker breaks down the details.

Recent Videos

Finance

Circle Considers Issuing Stablecoin in Japan Under New Rules

Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.

Circle CEO Jeremy Allaire (Keisuke Tada)

Policy

Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela

The approval does not absolve Rpay of its compliance duties, but does eliminate growing regulatory risks, the company said.

Bandera de Venezuela. (Archivo)

Policy

UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law

The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.

UK Parliament Building and Big Ben, London (Ugur Akdemir/Unsplash)