Stablecoins


Markets

China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System

Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.

People's Bank of China

Markets

Market Wrap: Bitcoin Consolidates Amid China Crackdown

China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.

Bitcoin daily price chart, CoinDesk 20

Markets

Circle Isn't Winning the Stablecoin Transparency Race

Stablecoin projects increasingly compete on transparency. Circle's two-month-old data on "approved investments" leaves something to be desired.

Circle CEO Jeremy Allaire.

Videos

USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling

The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.

Recent Videos

Tech

The Quest for a Truly Decentralized Stablecoin

Algorithmic stablecoins, which maintain their pegs without collateral, are either a fool's errand or simply a matter of time.

Robots on the blockchain try to keep balance.

Videos

Ohio Congressman: Bitcoin Poses No Threat to US Dollar

Rep. Warren Davidson, Ohio Congressman and House Financial Technology Task Force Ranking Member, discusses the contentious crypto conversations in Congress: Bill Foster proposing cryptographic backdoors to reverse crypto transactions. "Foster's clearly on one side, and I'm on the other," Davidson said. He also explains how closely lawmakers are focusing on the role of stablecoins on exchanges, suggesting tether (USDT) should be regulated as a security measure. Plus, reactions on the rise of central bank digital currencies (CBDCs) around the world.

Recent Videos

Policy

Stablecoins Risk a Rerun of Financial Crises Past

We shouldn't ignore the risks that stablecoins potentially pose to the financial system, says our columnist.

Randal Quarles, vice chairman for supervision of the Federal Reserve Board.

Markets

Fitch Says Rapid Stablecoin Growth Poses 'Contagion Risks'

The Fitch report suggests that the turmoil also could have the potential to spread to traditional markets.

Tether Reserves Breakdown

Finance

Circle Now Supports USDC Stablecoin on Tron

Tron, which is currently the leading blockchain for Tether’s USDT, is USDC’s fifth network.

Circle CEO Jeremy Allaire.