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Stablecoins
DeFi Is a 'Complete Scam,' Says Controversial Entrepreneur Craig Wright
nChain Chief Scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future
Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.

High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network
Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum.

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

Unpacking the Avit, Avanti Bank's New Digital Asset Being Built With Blockstream
Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law.

First Mover: After Falling 65% This Year in Bitcoin Terms, Do 'Stablecoins' Need a Rebranding?
So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?

BCB Group Teams With Circle to Offer EU Institutions USDC Stablecoin Settlement
BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.

Binance Says Licensed Entities Can Now Use Its Stablecoin After Watchdog Approval
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.

Russia's Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021
Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year

Circle Gets $25M From DCG to Drive USDC Mainstream
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
