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Stablecoins
Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
USD coin (USDC), a stablecoin currently on four blockchain networks with a market cap of $25 billion, could soon be on as many as 10 more networks, including Tezos. USDC is an Ethereum-based stablecoin managed by the CENTRE consortium, started by fintech firm Circle and crypto exchange Coinbase.
USDC Stablecoin Could Soon Expand to 10 More Blockchains
The stablecoin with a market cap of $25 billion is currently on four networks.
Stablecoins and CBDCs: Private Vs. Public Monetary Innovation
A Federal Reserve official praised stablecoins over CBDCs, yesterday. The debate cuts right to role of government in money.
Fed Vice Chair: 'We Should Be Saying Yes' to Stablecoins
Randal Quarles expressed more support for stablecoins than some of his colleagues.
Opera Browser Adds First Stablecoins to Native Wallet – cUSD, cEUR
Opera said the Celo tie-up is part of an overall strategy to eliminate hurdles to using blockchain technology.
Key Indicator Shows Capital Beginning to Flow Back Into Bitcoin
The stablecoin supply ratio oscillator is recovering in a sign of renewed capital inflow into bitcoin.
Strike Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says
Strike, the digital wallet startup behind El Salvador’s bitcoin-based payment system, is phasing out its use of Tether’s USDT stablecoin as a U.S. dollar substitute, CEO Jack Mallers said. “The Hash” team explores the ongoing scandal around Tether and the wider repercussions of El Salvador’s currency law.
Signature Bank Taps Tether Rival TrueUSD for Payments Platform
CoinDesk’s Nikhilesh De reacts to New York-based Signature Bank adding stablecoin TrueUSD into its blockchain-based payments platform and discusses how TUSD compares to Tether. Review of this week’s congressional hearings on crypto and looking ahead to FATF’s plenary meeting on Monday.
Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow
Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.
