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Stablecoins
All Eyes on Treasury Secretary Janet Yellen’s Crypto Speech
James Czerniawski, senior tech and innovation policy analyst at Americans for Prosperity, discusses the current state of crypto regulation in the U.S. as Treasury Secretary Janet Yellen is set to deliver her first speech on digital assets tomorrow.

Treasury's Yellen to Deliver First Speech on Crypto in US Economy
The U.S. official will discuss policy and regulation in a speech in Washington, D.C., on Thursday.

Lightning Labs Raises $70M to Bring Stablecoins to Bitcoin
The Taproot-powered “Taro” protocol aims to bring low-fee stablecoin and asset transfers to the Bitcoin Lightning Network.

DBS Makes Crypto U-Turn; China’s E-CNY Expansion
DBS makes U-turn over retail crypto trading plans. China confirms expansion of e-CNY trials, but what’s needed to really spur adoption? Experts: USD-backed stablecoins to continue dominance in the market. New owner gives Pudgy Penguins NFTs happy feet.

Frax Finance’s FXS Jumps as Terra Introduces Stablecoin Pool ‘4pool’
Liquidity from four major protocols would be used to make Curve’s 4pool attractive for users.

Waves' USDN Stablecoin Loses Peg, Drops 15% Amid Manipulation Scare
USDN's market capitalization had nearly doubled to $850 million in March.

The UK Wants to Regulate Crypto: Here's What That Could Look Like
The government is set to reveal its regulatory package for crypto in the coming weeks.

BNY Mellon to Custody Assets Backing Circle's USDC Stablecoin
The relationship likely carries publicity upside for both financial brands.

Bitcoin’s Correlation to Meme Stocks Reaches Highest Level Since 2020
CoinDesk Markets Analyst Damanick Dantes discusses bitcoin’s strong correlation with meme stocks at its highest level since 2020, and what it reveals about the crypto markets. Plus, his bitcoin price outlook as the Luna Foundation Guard purchased over $270 million in BTC this week for its UST stablecoin reserves.

EU's MiCA Bill to Enter Next Phase of Negotiations on Thursday
The landmark Markets in Crypto Assets legislative framework will now be discussed between the European Parliament, Council and Commission.
