Stablecoin


Policy

Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog

The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report.

Dutch Central Bank President and Financial Stability Board head Klaas Knot (Horacio Villalobos/Corbis/Getty Images)

Finance

LFG Slow-Walks Plan to Repay Small-Time Terra Holders, Citing Legal Threats

The Luna Foundation Guard still has about $100 million in reserves that it has pledged as compensation.

The Terra logo inside the luxury club at Nationals Park. (Danny Nelson/CoinDesk)

Finance

Stablecoin Issuer MakerDAO to Invest $500M in US Treasurys, Corporate Bonds

The move is a way for Maker to diversify its balance sheet and make the backing of its stablecoin more stable.

MakerDAO founder Rune Christensen (CoinDesk TV)

Finance

Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M

The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.

Tether's Chief Technology Officer Paolo Ardoino (Tether)

Videos

Texas Opposes Plan by Celsius to Fund Operations With Stablecoin Sales

Texas state agencies are objecting to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

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Opinion

The Dollar Can Be a Protocol for the Future of Money

USDC's stablecoin-fueled model of money, in which the dollar functions as an open “protocol,” could allow innovation to flourish. But healthy competition is a prerequisite.

(Ralf Hiemisch/Getty Images)

Videos

Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin

Circle said on Wednesday that it plans to launch its USD coin (USDC) stablecoin – the second-largest dollar-backed stablecoin by market capitalization – natively on Cosmos in early 2023. Jelena Djuric, ecosystem lead at Cosmos Research, discusses what this means for the Cosmos ecosystem and decentralized finance.

Recent Videos

Finance

Fintech App Eco to Convert User Balances From US Dollars to USDC

Eco will use digital settlement-service platform Zero Hash to custody the stablecoins.

Andy Bromberg speaks at Token Summit NYC 2018.

Videos

Jack Dorsey’s TBD Team Partners With Circle to Take US Dollar Stablecoin Savings, Remittances Global

TBD, the bitcoin-focused subsidiary of Jack Dorsey’s Block, is teaming up with USDC stablecoin issuer Circle to bring cross-border dollar-linked stablecoin transfers and savings to investors globally. “The Hash” team discusses what this means for the stablecoin markets and the crypto industry at large.

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Policy

US Fed Chair Powell Urges Caution on Regulating DeFi

Some policymakers are keen to press new rules on the decentralized finance sector following the collapse of Do Kwon's terraUSD stablecoin.

Federal Reserve Chair Jerome Powell (Win McNamee/Getty Images)