- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
USD
Stablecoins Are Beneficial to U.S. Economy, Tether's Custodian Says
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
China's Currency Woes to Weigh on Bitcoin: Crypto Observer
Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.
Binance.US Halts Direct Dollar Withdrawals
U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue
TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.
PayPal Enters the Crypto Conversation with New Stablecoin; Worldcoin Faces More Scrutiny
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the electronic payments giant PayPal ventures into digital assets with the announcement of a U.S. dollar-pegged stablecoin called PayPal USD. Sino Global Capital files a multimillion dollar claim against FTX. And, Worldcoin’s Nairobi warehouse was reportedly raided as Kenya's Ministry of the Interior suspends the project from operating in the country.
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K
The big move is aimed at avoiding a March 2020-like global dash for cash that saw investors sell everything, including bitcoin, for the U.S. dollar.
Bitcoin Trading as a Speculative Asset Rather Than a Currency: Morgan Stanley
"Bitcoin isn't isolated from the traditional banking system," as its price is supported by "USD bank liquidity making it trade as a speculative asset rather than a currency," Morgan Stanley (MS) said in a research report Monday. This comes as concerns mount about traditional banks following the forced closures in the U.S. "The Hash" panel discusses the details of the report and its key takeaways.
Crypto.com Struggles to Maintain Fiat On-Ramps Amid Crypto Banking Crisis
The crypto industry is in the middle of a banking crisis with the collapse of crypto-friendly Silvergate Bank, and Crypto.com hasn’t been spared. The Singapore-headquartered exchange can now only provide euro-denominated banking services to users in the European Economic Area (EEA), having previously lost the ability to accept USD deposits because of issues with its banking partners. "The Hash" panel discusses why this is a historic moment in crypto.
