Stablecoins
Tether Finds Stable Dollar Peg After Terra's Collapse
While tether has passed the market's stress test with a return to normalcy, concerns about its reserves will linger, one trader said.
US Stablecoin Bill Delayed, but Draft Language May Soon Emerge
As negotiations slow the release of a bipartisan bill until possibly September, lawmakers may put out some initial language soon to spur discussion.
House Committee to Vote on Stablecoin Legislation This Week
The U.S. House Committee on Financial Services is nearing a bipartisan agreement on a proposal to regulate stablecoins. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for stablecoins and the wider U.S. crypto regulatory landscape.
Circle's Cautious USDC Approach Has Paid Off, Despite Missteps
The USD stablecoin (USDC) issuer Circle reaffirmed its plans to go public later this year. Circle has adopted a more transparent and regulated approach in terms of USDC than its competition. "The Hash" hosts discuss the outlook for Circle and stablecoins at large.
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Digital tokens such as tether and Circle’s USDC that are vital to functional crypto markets would have to meet stringent new requirements in legislation that’s close to the finish line.
Circle's Cautious USDC Approach Has Paid Off, Despite Missteps
For years, Circle seemed like an unfocused mess. But making the USDC stablecoin more transparent and regulated than the competition is paying off in a massive way.
UK Regulators to Introduce Rules for Stablecoins in New Markets Bill
The much-anticipated financial services and markets bill to be presented to Parliament includes rules for the use of stablecoins as a means of payment.
US Treasury Open to Nonbanks Issuing Stablecoins, Official Says
Though regulators called for issuers to be regulated as banks last year, Nellie Liang argues the category is wider than it might seem.
‘Crypto and DeFi Won’t Disappear’: Hong Kong Monetary Chief
Hong Kong Monetary Authority CEO Eddie Yue tells a G20 meeting that crypto and decentralized finance will remain significant forces.
Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says
The key legislation that could open a path for stablecoin rules isn’t expected to stick to regulators’ recommendation to insist only banks put out tokens.
