Stablecoins
CoinDesk Joins Court Case Seeking Access to NYAG Tether Documents
Tether wants the state Supreme Court to stop the attorney general’s office from sharing documents requested by CoinDesk. CoinDesk is now a party to the proceedings.
CRV Extends Rally as ‘Curve Wars’ Intensify
More and more protocols are building off of Curve, and an entire ecosystem is emerging, engaged in the so-called Curve Wars, one analyst said.
SEC Commissioner Hester Peirce on 2022 Crypto Regulation Outlook
Securities and Exchange Commission (SEC) Commissioner aka “Crypto Mom” Hester Peirce discusses her outlook for the U.S. crypto regulatory and policy landscape in 2022. Plus, the latest on the Safe Harbor proposal, prospects of a bitcoin spot ETF approval in 2022, the memecoin phenomenon, stablecoins, and more.
Aoki, Alameda Back Algorithmic Stablecoin on Arbitrum at $200M Valuation
Sperax said its USDs stablecoin will generate yield from users’ collateral.
DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap
The coin has surpassed Binance Smart Chain in total value locked amid rapid DeFi growth.
Secure America’s Financial Strength With Stablecoins, Not Central Banks
Stablecoins are already expanding the reach of the U.S. dollar, but if the government were to restrict stablecoins in favor of a CBDC, that trend could quickly reverse.
Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
CoinDesk’s Nikhilesh De discusses the latest legal battle between Do Kwon of TerraForm Labs and the U.S. Securities and Exchange Commission (SEC) as the regulator conducts an ongoing investigation of Terra’s Mirror Protocol.
Fitch Says Improved Regulation Could Moderate Stablecoin Credit Risks
The approach taken by the U.S. would be key to medium-term development of stablecoins, Fitch notes.
