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Stablecoins
Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
The trust banking arm of Mitsubishi UFJ plans to use blockchain technology for securities trading with the stablecoin acting as a payment instrument.
Tether Responds to CoinDesk’s Intervention in Legal Proceedings
The stablecoin issuer maintains its reserves are "closely guarded" and give it a competitive advantage.
What to Expect From House of Representatives’ Stablecoin Hearing Next Week
The House of Representatives will convene next Tuesday to discuss stablecoin regulation. The Senate Banking Committee will also hold its own hearing on stablecoins the week after. CoinDesk Global Policy and Regulation Managing Editor Nik De shares a preview.
Federal Reserve Bank of NY Lays Out Possible Stablecoin Scenarios
Researchers look at how the digital assets could be part of the traditional banking system.
Terra Founder Floats $38M Proposal for American Sports League Deal
Terraform Labs founder Do Kwon floated a funding proposal for $38.5 million from the Terra community treasury to sponsor a major American sports league team he didn’t name. The funding would be in the form of TerraUSD (UST) stablecoins, or tokens pegged on a 1:1 basis with U.S. dollars.
‘Pay’ Product Looks to Boost Stablecoin Payments on Solana
Can Solana Labs’ open-source payment plug-in pick up where the Bitcoin white paper left off?
Stablecoins Won Crypto Markets in January – With 0% Returns
The coins showed the highest returns among the largest cryptocurrencies in January just by holding their peg to the U.S. dollar.
How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins
Taiwan's conservative outlook and strict regulatory environment has limited the country from being a regional financial hub like neighbors Hong Kong and Singapore. Wayne Huang, CEO of Taipei-based TradeTech fintech, discusses how his firm plans to step in to build bridges between countries for business remittances via stablecoins. Plus, insights into the larger crypto environment in Taiwan, the impact of China's crypto crackdown, and concerns of US regulations.
Terra's LUNA Dumps After Wonderland Controversy
The native token of the Terra blockchain dropped sharply after it was confirmed a QuadrigaCX co-founder is tied to the Wonderland project.
There Won’t Be a 'Goldman Sachs Coin' Anytime Soon
The banking giant said last year that it was looking into creating its own cryptocurrency.
