Stablecoin


Policy

Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity Is Back Up

Visa and Allium Labs released their latest findings on stablecoin activity which showed demand for stablecoins has picked back up in 2024 and there's a steady growth of monthly active stablecoin users.

Money (Alexander Mils/Unsplash)

Finance

TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg

Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.

State Street building in London (Danny Nelson/CoinDesk)

Videos

What Wall Street's Pivot to Small-Cap Stocks Means for Crypto; Hong Kong Plans for Stablecoin Legislation

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including insights from Marex Solutions on whether Wall Street’s pivot to shares in small-cap companies could fuel gains in the crypto market. Plus, the launch of spot ether ETFs in the US, and Hong Kong's plans for stablecoin legislation.

Recent Videos

Policy

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends

Hong Kong authorities plan to introduce a bill into the Legislative Council before year-end.

Hong Kong (Dan Freeman/Unsplash)

Videos

Why Are Meme Coins Appealing to New Investors?

Switchboard co-founder Chris Hermida joins Markets Daily to discuss the crypto market crash that happened over the weekend. Hear him weigh in on what contributed to the crash, why meme coins are so popular and why stablecoins may be the biggest source of new users in crypto.

Recent Videos

Videos

Former Circle Analyst on Stablecoin and CBDCs

Chris Hermida, the co-founder of Switchboard and a former analyst at Circle, breaks down the nuances between stablecoins and central bank digital currencies (CBDCs). Plus, whether non-crypto-native end users care about the distinctions between the two.

Recent Videos

Finance

Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan

Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.

(Shutterstock)

Tech

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.

Tether cited "usage" and "community interest" as factors in its decision to discontinue support for the USDT stablecoin on the EOS and Algorand blockchains. (Creative Commons)

Finance

Tether Debuts New 'Synthetic' Dollar Backed by Tokenized Gold in Tokenization Push

Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Videos

Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk

"CoinDesk Daily" host Michele Musso breaks down the biggest headlines impacting the crypto industry today, as the U.S. Federal Reserve announced on Wednesday that it expects just one rate cut this year. Plus, Australia's regulators are looking to include stablecoin legislation into its legislative bill for the digital assets sector and the CRV token plunges as Curve founder faces multi-million dollar liquidation risk.

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