Stablecoins


Policy

Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto

When asked about earlier comments he had made about CBDCs replacing private crypto, Powell said he’d “misspoken.”

Fed Chair Jerome Powell (Sarah Silbiger/UPI/Bloomberg via Getty Images)

Videos

Visa Working on Interoperability Platform for Stablecoins and CBDCs

Payments behemoth Visa has proposed a platform to enable interoperability between central bank digital currencies (CBDCs) and other stablecoins. The “universal payments channel” (UPC) aims to allow the cryptocurrencies to be transferred between different blockchain networks.

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Videos

Why Is Bitcoin Bouncing?

Bitcoin has gained 6.26% to trade near $44,000 one day after exhibiting bearish price action, but why is it bouncing? Senior Trader and President of Wave Financial, Justin Chuh, discusses his crypto markets analysis and outlook.

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Policy

Pro-Crypto Senator Lummis Says Stablecoins Should Be Audited

A full audit would be more rigorous than the attestations the coins’ two top issuers have produced.

Sen. Cynthia Lummis (R-Wyo.) (Kevin Dietsch/Getty Images)

Finance

Andreessen Horowitz Leads $5M Bet on Euro Stablecoin Startup Angle

Angle is looking to quell the dollar’s dominance in the stablecoin market.

(Jeremy Bezanger/Unsplash)

Policy

Is the Dollar Doomed?

In this excerpt from “The Future of Money,” author Eswar Prasad examines the forces – the rise of bitcoin and stablecoins and foreign currency competition – threatening the dollar’s perch as the world’s reserve currency.

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Finance

Circle Taps Plaid for ACH Payments as USDC Market Cap Hits $30B

The integration looks to provide a smoother process for getting money in and out of crypto.

(HFA_Illustrations/Shutterstock)

Policy

SEC’s Gensler Calls Stablecoins ‘Poker Chips’ at the Wild West Crypto Casino

The SEC chair also compared the crypto boom to the Wildcat banking era of the 19th century, saying that “history tells us that private forms of money don’t last long.”

WASHINGTON, DC - SEPTEMBER 14: Gary Gensler, Chair of the U.S. Securities and Exchange Commission,  testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on September 14, 2021 in Washington, DC. (Photo by Evelyn Hockstein-Pool/Getty Images)

Videos

Could China’s Evergrande Default Risk Trigger Domino Effect in Global Financial Markets?

Ming Zhao, an entrepreneur and former analyst at Point72, discusses her outlook for bitcoin as the wider crypto and traditional markets have potentially been impacted by a rising liquidity crisis out of Chinese property developer Evergrande. Could its default risk trigger a domino effect across the global economy? Plus, Zhao's take on the possible impact of China's regulatory storm on crypto, including stablecoins.

Recent Videos

Policy

Crypto Markets Need More Scrutiny From SEC, Investor Groups Say

The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.  

SEC Chairman Gary Gensler