Stablecoin


Finance

DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave

Clave will use the pool to originate loans to Latin American businesses and consumers.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

Videos

HUSD Stablecoin Tumbles From Dollar Peg After Delisting on Huobi

The once-popular HUSD stablecoin has fallen dramatically from its $1 peg, touching a low of 28 cents after crypto exchange Huobi announced it delisted the asset on Friday. "The Hash" panel weighs in on the crypto exchange's recent move, stablecoin competition.

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Finance

After Huobi Delisting Stablecoin HUSD Falls 72% From Dollar Peg

Huobi has said it will assist customers in exchanging HUSD for USDT.

Bitcoin prices fell further on Thursday (Chris Liverani/Unsplash)

Markets

Stablecoin Issuer Frax Finance Unveils Ether Staking Service With a Dual Token Model

The model will simplify DeFi integrations and supposedly allow users to earn above-average ether staking yields.

Frax Ether promises above-average ether staking yields. (ClaudiaWollesen/Pixabay)

Finance

Crypto Exchange Huobi Delists Its HUSD Stablecoin

Huobi has been closely linked with the relatively minor HUSD stablecoin since its launch in 2018.

(Piotr Swat/Shutterstock)

Videos

Cryptocurrency Exchange FTX ‘Likely’ to Create a Stablecoin: Report

FTX CEO Sam Bankman-Fried told The Big Whale in an interview that the crypto exchange “is very likely" to create a stablecoin. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what kind of stablecoin it could be and the exchange’s moves in a bear market.

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Policy

UK Stablecoin Rules Approved by Lawmaker Committee

Rishi Sunak’s government said it wants to 'tentatively seize' crypto opportunities as it prepares to widen the regulatory net.

(Sergio Mendoza Hochmann/Getty Images)

Finance

Crypto Exchange FTX Is Working on Creating a Stablecoin: Report

FTX CEO Sam Bankman-Fried also ruled out a potential acquisition of popular trading app Robinhood.

FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

Finance

MakerDAO Community Approves Proposal to Place USDC in Coinbase's Custody Platform

Up to $1.6 billion in USD coin will be held with Coinbase Prime, where it will earn a 1.5% reward.

(CoinDesk archives)

Finance

Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says

A proposal to move the stablecoin assets was made by Coinbase in September and is nearing a final deadline.

Coinbase has proposed moving $1.6 billion of MakerDAO's USDC to Coinbase Prime. (Chesnot/Getty Images)