Stablecoin


Markets

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.

(vlastas/iStock)

Finance

SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum

The French financial services firm is betting on Solana's faster and cheaper attributes.

Societe Generale (Shutterstock)

Markets

BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin

BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.

BitGo CEO Mike Belshe on stage at Token2049 Singapore. (Amitoj Singh/CoinDesk)

Finance

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System

Previously, the stablecoin could only be purchased through crypto exchanges.

(Sandali Handagama/ CoinDesk)

Policy

English High Court Rules Tether's USDT Stablecoin Counts as Property

USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.

Tether 's logo painted on a wooden background.

Finance

Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report

Commissioned by Brevan Howard and Castle Island Hill, the survey covered more than 2,500 crypto users in Brazil, Nigeria, Turkey, Indonesia and India.

a hundred dollar bill

Policy

EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End

The European Banking Authority estimates that 15 technical standards, including those for stablecoin issuers, will become official before the end of 2024.

The EU's MiCA law starts to take effect at end-2024. (Pixabay)

Finance

Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution

Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround.

Crass Kitty at mtnDAO (Danny Nelson)

Finance

Ripple USD Stablecoin Could Be Issued in 'Weeks, Not Months': Garlinghouse

The RLUSD will be fully backed by U.S. dollar assets, tested with enterprise partners, and will operate on the XRP Ledger and Ethereum blockchain.

Ripple CEO Brad Garlinghouse at Korea Blockchain Week on Sept. 4. (Parikshit Mishra/CoinDesk)

Tech

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

(Jacob Lund/Shutterstock)