Stablecoins


Finance

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

africa, network

Markets

Caveat Depositor. How Safe Is Your Stablecoin?

USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful.

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Markets

Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

The fee strategy, which sit at odds with blockchain's peer-to-peer model, could be the very thing that sees these firms fall behind the competition from stablecoin payment networks.

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Finance

The Block Founder Mike Dudas Takes Stablecoin Role at Paxos

The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business.

Paxos

Markets

Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs

Buying in these stablecoins may foretell where the crypto market is going.

Circle founder and CEO Jeremy Allaire

Markets

Visa May Add Cryptocurrencies to Its Payments Network, Says CEO

The card giant could eventually use digital currencies over blockchain in the same way it processes traditional money.

Visa HQ

Markets

US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs

Fed Chair Jerome Powell has said the central bank needs “better regulatory answers” for global stablecoins.

Federal Reserve building, Washington, D.C.

Policy

What Tether Means When It Says It's 'Regulated'

Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws.

A screenshot from Laura Shin's interview with Deltec Deputy CEO Gregory Pepin, Tether's banker.

Finance

Galaxy, Coinbase Bet $25M on DeFi Using Terra Stablecoins

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.

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

Markets

Bank of England Governor Insists Digital Payments (but Not Crypto) Are Sticking Around

BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency.

Bank of England Chief Andrew Bailey