Stablecoin


Policy

Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials

The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.

Amazon was selected to develop an e-commerce app for a digital euro. (Christian Wiediger/Unsplash)

Videos

Tether’s Banking Relationships Detailed in Newly Released Legal Documents

CoinDesk recently obtained documents under a Freedom of Information Law request, which offer a rare but limited look into Tether’s banking relationships. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down what the documents reveal about the stablecoin issuer's banking relationships and past reliance on commercial paper.

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Finance

Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein

About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said.

Billetes. (Pixabay)

Videos

USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop

Millions worth of tether (USDT) stablecoins appeared to be selling off on popular Uniswap and Curve pools Thursday morning, sparking early signs of concern among traders. USDT, which usually trades around $1, lost its peg to the U.S. currency and dropped as low as $0.9968. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve

The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., say they gave $1 million each to the Trump campaign. (Joe Raedle/Getty Images)

Videos

Key Takeaways From House Hearing on Future of Digital Assets

The House Financial Services Committee held a hearing Tuesday on the future of digital assets. The committee weighed its draft stablecoin bill in the wake of the U.S. Securities and Exchange Commission (SEC)'s action against Binance and Coinbase. Prometheum co-CEO and founder Aaron Kaplan, who sat on the witness panel, discusses the key takeaways and outlook for crypto legislation in the United States.

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Videos

Former CFTC Chairman Heath Tarbert Joins Circle as Chief Legal Officer

Former CFTC chairman Heath Tarbert will join stablecoin issuer Circle as chief legal officer and head of corporate affairs, effective July 1. "The Hash" panel discusses how former regulators could help crypto firms comply better with the regulatory framework.

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Videos

Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20

Global leaders are setting up universal rules and standards for the crypto sector after its headline-making implosion last year. While they appear to have reached a consensus on most things, advanced and emerging economies seem to be diverging on the treatment of stablecoins, two senior officials involved in key discussions told CoinDesk. "The Hash" panel weighs in.

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Tech

Circle Rolls Out Support for USDC Stablecoin on Arbitrum

Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Policy

Stablecoin Regulation Is a Sticking Point Between the G7 and G20

Emerging economies in the G20 are concerned widespread stablecoin use may threaten their monetary policy, and are seeking stricter measures, two high-level officials privy to discussions at the forums told CoinDesk.

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