Stablecoin


Markets

LUNA Hits All-Time Highs After Terra Network Upgrade

The Columbus-5 upgrade has altered the network’s token economics to place “deflationary pressure” on LUNA.

http://www.metmuseum.org/art/collection/search/437645

Videos

Rep. Tom Emmer on Crypto Regulation, CBDCs, Infrastructure Bill

During Thursday’s House Financial Services Committee meeting, U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies but signaled stablecoins need greater regulatory oversight. Committee member Rep. Tom Emmer (D-Minn.) reacts.

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Finance

Stablecoin Pegged to Peru’s Currency Launches on Stellar

The coin has been created by Latin American digital token issuer Anclap and is 100% backed by local currency.

Peru

Markets

Market Wrap: Bitcoin Rises as Traders Accumulate Positions

Sentiment is improving as traders eye positive technical indicators.

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Policy

Stablecoins Are ‘Pretending’ to Be Currencies: ECB’s Lagarde

Stablecoins are not currencies, but rather, assets, ECB President Christine Lagarde said.

Alex Kraus/Bloomberg via Getty Images

Markets

Market Wrap: Bitcoin and Stocks Rise on Dovish Fed

Bitcoin returns above $48,000 as risk rally continues.

Bitcoin 24-hour chart, CoinDesk 20

Markets

Tether Starts Printing Again After 2-Month Pause

The issuer of the world's largest stablecoin has minted 2.3 billion new USDT tokens since the start of August.

tether new coin

Markets

Tether Reveals More Details About Its Reserves

Roughly 93% of Tether's commercial paper and certificates of deposit holdings was rated A-2 and above, while 1.5% was rated below A-3.

(Shutterstock)

Markets

Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash

Though USDT and USDC still captured the largest market share, smaller stablecoins are trying to prove that they are backed by safer assets.

Stablecoins are going to continue to be a topic of conversation.

Markets

USDT Usage on Ethereum Shifts Away From Asia Daytime Hours

The changing trading patterns in USDT might be the result of China's recent crackdown on cryptocurrency mining and trading.

Chart shows USDT usage on Ethererum. Darker shades indicate more intensive trading activities. The usage pattern has shifted slightly later in the day in 2021.