Stablecoins


Opinion

USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins

A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins such as tokenized bank deposits and CBDCs may be needed to prevent contagion.

CEO Jeremy Allaire's Circle is part of the consortium behind USDC. (Danny Nelson/CoinDesk)

Markets

TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost

The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair.

(Getty Images)

Markets

Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin

USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.

(Getty Images)

Policy

What the Bank of England’s Stablecoins Regime Could Look Like

The Bank of England's upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis.

Bank of England (Camomile Shumba/CoinDesk)

Opinion

Macro Is Back to Moving the Digital Asset Markets

Extra-crypto factors retake center stage as digital assets thrive amid a banking crisis, policy response, and credibility loss for the Fed and Treasury.

U.S. Federal Reserve Board in Washington (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley

Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the bank said.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Finance

U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.

Silvergate Bank collapsed in 2023. (Will Foxley/CoinDesk)

Finance

Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

The decision follows a turbulent period during which USDC temporarily lost its dollar peg after key banking partner SVB collapsed.

(Sandali Handagama/ CoinDesk)

Markets

Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head

Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.

Binance founder and CEO Changpeng Zhao (Antonio Masiello/Getty Images)

Finance

Crypto Exchange BitMEX's Acting CEO: We Have Gone Through the ‘Valley of Death’

But Stephan Lutz says the trading platform is now reaping the benefits of the current crypto market.

(Shutterstock)