Stablecoins


Videos

Diem Scales Back, Sets Eyes on a US-Backed Stablecoin

Diem, the cryptocurrency formerly known as Libra, started off with ambitions to create a global crypto tied to a basket of currencies from around the world, but Diem has since transitioned to a new model to develop a U.S. dollar-based stablecoin. Its headquarters is moving from Switzerland to the U.S. Christian Catalini, Diem's co-founder joins "First Mover" to provide an update on the project.

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Politik

IMF Official: ‘A World With More Than One Reserve Currency Is a More Stable World’

Tommaso Mancini-Griffoli said we already live in a world with more than one reserve currency, but also that crypto was too young and volatile to be a global reserve.

various currencies

Märkte

Crypto Long & Short: Why Tesla’s Reversal Is Good for Bitcoin

The company's recent move is more about policy than price. Plus: Did this week mark the start of a meaningful shift in the stablecoin market?

Tesla Crypto Long & Short 5.16

Märkte

Terra’s 25-Fold Price Jump This Year Shows Growing Bet on Algorithmic Stablecoins

The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Märkte

Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper

The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.

Tether's USDT is a key piece of plumbing for the roughly $2 trillion global crypto market.

Märkte

Facebook-Backed Diem Partners With Silvergate Bank to Issue US Dollar Stablecoin

Diem is moving its "primary operations" from Switzerland to the U.S.

Diem Association CEO Stuart Levey

Finanzen

Stablecoins Like USDC See Growing Demand in Latin America: Bitso CEO

Latin Americans are increasingly turning to stablecoins as a store of value.

Mexico Flag

Videos

Crypto Taking Off in Latin America

Many U.S. investors might view bitcoin mostly as a store of value, but in Latin America, bitcoin and other cryptocurrencies are emerging as useful payment methods. Daniel Vogel of Bitso joins "First Mover" to discuss the state of the crypto markets in Latin America, Bitso's expansion plans and what's behind the stablecoin boom in the region.

Recent Videos

Märkte

Crypto Now Viewed by Some as a Threat to Financial Stability, Fed Survey Finds

The Fed's own staffers didn't mention cryptocurrencies as a risk to financial stability, but market participants did.

Federal Reserve Chair Jerome Powell