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Stablecoin
After FTX: How Congress Is Gearing Up to Regulate Crypto
The industry is finally earning the priority status it desperately wanted, but for the wrong reasons, says CoinDesk's Jesse Hamilton.

Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin
The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.

Circle CEO on Future of Stablecoins, Crypto Regulation
Circle CEO Jeremy Allaire in Davos speaks with CoinDesk's Chief Content Officer Michael Casey at the annual World Economic Forum in Davos to discuss his crypto journey, the outlook for the stablecoin markets, and the path forward for crypto regulatory clarity.

National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report
The stablecoin will launch on the Ethereum and Algorand blockchain.

MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting
MakerDAO voters so far prefer keeping the $500 million Gemini USD stablecoin ceiling in Maker’s DAI stablecoin reserve over decreasing its role or phasing it out.

Bank of America Says CBDCs Are the Future of Money and Payments
Central bank digital currencies have the potential to revolutionize global financial systems, a report from the bank said.

After FTX, Crypto Companies No Longer Have ‘Benefit of the Doubt’ on Capitol Hill, Says Congressman
When it comes to regulation, the U.S. needs to “get its act together,” Rep. Jim Himes told CoinDesk TV.

A Binance Stablecoin Wasn't Always Fully Backed: Bloomberg
The company acknowledged to Bloomberg that the process of maintaining the peg "has not always been flawless," but said the problem has now been fixed.
