Stablecoins


Markets

SocGen to Introduce EURCV Stablecoin, Picks Flowdesk as Market Maker

The stablecoin, EUR CoinVertible, isn't the first based on the euro, but it does have the backing of Societe Generale, a major European financial institution.

EU considers digital euro (Immo Wegmann/Unsplash)

Consensus Magazine

PayPal's Jose Fernandez da Ponte: Stablecoins for All

The payments giant debuted its own Ethereum-based U.S. dollar stablecoin this year, offering serious competition to existing market leaders such as Tether's USDT and Circle's USDC.

Mason Webb/CoinDesk

Consensus Magazine

Paolo Ardoino: The Hardest Working Man in Crypto

The newly promoted CEO of Tether is looking to diversify the firm's investments after a banner year where the stablecoin giant is on track to profit $4.5 billion.

Tether CEO Paolo Ardoino (Mason Webb/CoinDesk)

Policy

Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations

IOSCO denied crypto industry requests for a bespoke regime for stablecoins while requiring closer cooperation between regulators in promotional material.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Policy

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

Videos

Large Cap Fiat-Backed Stablecoins Depegged Over 600 Times in 2023: Moody’s Analytics

A recent Moody's Analytics report states there have been more than 600 de-pegs among large-cap fiat-backed stablecoins this year. Moody's Analytics Senior Director and Product Manager Yiannis Giokas discusses the findings as part of a wider conversation on the state of stablecoins. Plus, a closer look at Moody’s Analytics Digital Asset Monitor.

Recent Videos

Videos

BlackRock's Spot Bitcoin ETF Filing 'Will Get Approved,' Mark Yusko Predicts

The crypto market has bounced back this year, with bitcoin (BTC) doubling in value amid spot ETF excitement and dovish Federal Reserve expectations. Morgan Creek Capital Management CEO and CIO Mark Yusko discusses the potential factors driving the crypto rally and the impact of stablecoins. Plus, why he thinks BlackRock's spot bitcoin ETF application will be approved.

Recent Videos

Markets

Crypto Market Sees Net Capital Inflow for First Time in 17 Months

The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market.

(Getty Images)

Videos

UK and EU Push Ahead on Stablecoin Regulation; Hong Kong Approves Another Crypto Exchange

Host Megha Chaddah discusses the state of crypto in the U.K. and Europe as the Bank of England (BOE) and the Financial Conduct Authority (FCA) have published their plans to regulate stablecoins in the region. Plus, the latest on Swiss crypto bank SEBA winning an approval in Hong Kong to provide services. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Opinion

Can Stablecoins Get Past Their Instability?

Moody's Head of DeFi Rajeev Bamra considers the role stablecoins play cryptocurrency markets, and the risks posed by "depegging" events.

(Sammie Chaffin/Unsplash, modified by CoinDesk)