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Stablecoins
How ‘Taro’ Could Bring Stablecoins and NFTs to Bitcoin
CoinDesk Research Analyst George Kaloudis discusses the announcement of the Taproot-powered protocol Taro (Taproot Asset Representation Overlay). Kaloudis explains Taro’s potential to bring new assets like stablecoins and NFTs to the Bitcoin network and its proposed use of “embedded consensus” technology.
Why LFG's BTC Buying Spree Barely Moved the Markets This Time
The Luna Foundation Guard (LFG) added over $173 million in bitcoin (BTC) to its TerraUSD stablecoin reserves, totaling its holdings to almost 40,000 BTC, or roughly $1.67 billion. “The Hash” group discusses the lack of a bitcoin price reaction to LFG’s purchases, the correlation of bitcoin to traditional markets and the “tribal nature of crypto.”
Top US Bank Watchdog Warns of Stablecoins' 'Lack of Interoperability'
The OCC's acting chief argues the variation across tokens could create walled gardens.
NEAR Token Has Doubled in 4 Weeks; Here's Why
Venture capitalists’ vote of confidence and stablecoin rumors push the NEAR token higher.
Frax Stablecoin Backing to Feature Layer 1 Tokens, Real-World Loans
Using real assets will allow Frax’s products to operate as intended even in a bear market.
FCA to Add 80 People in Crackdown on 'Problem Firms'
The extra staff will help the U.K. regulator strengthen its efforts to clamp down on companies that fail to meet standards.
Treasury Secretary Janet Yellen Calls Crypto 'Transformative' in Wide-Ranging Speech
The U.S. official addressed CBDCs, stablecoins and regulations.
What BTC's Average Historical Returns Reveals About Price Action
CoinDesk Markets Analyst Damanick Dantes discusses his bitcoin analysis and outlook, breaking down the latest data on BTC's average historical returns. Plus, the impact of the Federal Reserve's rate hike policy on the crypto markets and why bitcoin's dominance has been rising recently.