Stablecoins
DefiDollar Raises $1.2M to Be the Risk-Insured Stablecoin Layer for DeFi
India-based DefiDollar has raised $1.2 million in a seed round led by Divergence Ventures, Standard Crypto and Accomplice.

Lossless Lottery PoolTogether Opens Up to More Coins, More Prizes
PoolTogether v3 will enable more ERC-20 tokens, more yield sources and more prize distribution schemes for the DeFi savings game.

USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi
USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.

Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi
USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.

Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade
Finance officials never once named libra. But they didn't have to; the proposed stablecoin's shadow still looms large.

Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe
Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.

These 3 Trends Are Driving Crypto Market Growth Now
The latest CoinDesk Quarterly Review looks at some of the main drivers of crypto market evolution including DeF, derivatives and stablecoins.

Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’
Bitcoin price has proved resilient in the face of bad news but traders expect crypto volatility ahead.
