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Stablecoins
Equilibrium’s Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically
Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg.
Saga Stablecoin Goes Live Backed by Basket of Fiat Currencies
Saga Monetary Technologies has finally launched its SGA stablecoin, and it's already planning to break away from its pegged basket of currencies.
DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
It's one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.
Three Fronts in the Global Digital Currency Wars
There are now several competing approaches to building a new financial system, writes Circle CEO Jeremy Allaire. Which will governments embrace?
Binance Exchange Is First Client for Paxos' New Dollar Gateway
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance.
Tether Says Its Stablecoin Is 'Fully Backed' Again
Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.
European Union to Regulate Stablecoins, Not Issue Its Own: Source
Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
Binance Said to Plan Beijing Office Amid China's Renewed Blockchain Push
The world's largest cryptocurrency exchange by volume is establishing a new outpost in China's capital city.
Regulate Stablecoins – Don't Squash Them
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
