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STABLECOIN

Description
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to the type of price volatility synonymous with cryptocurrencies like Bitcoin and Ether.
The key is to understand "stable": what is "stable"? which references are pegged to make its value "stable"? In terms of what we measure the "stability".

Popular
USDT USDC TUSD BUSD DAI GUSD USTC FRAX USDP TUSD USDD

Stablecoin

Circle CEO Allaire Supports Binance Stablecoin Decision

Circle CEO said the recent move by Binance to merge stablecoins could help make USDC the standard stablecoin rail between centralized exchanges and decentralized Exchanges.

Nicholas Otieno

Sep 07, 2022

| 3 Min Read

#CIRCLECEO #JEREMYALLAIRE #BINANCE #STABLECOIN

News

Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform

Russia is already working with several countries to establish clearing platforms for cross-border settlements of stablecoins, according to the state-backed TASS news agency.

Annie Li

Sep 07, 2022

| 1 Min Read

#BLOCKCHAIN #BITCOIN #RUSSIA #STABLECOIN

Politics

What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM

As Liz Truss is set to take the top administrative position of Prime Minister in the country, the market is concerned about her monetary policies, including the stance towards cryptocurrency, regulation of Stablecoins and digital assets.

Godfrey Benjamin

Sep 06, 2022

| 2 Min Read

#LIZ TRUSS #PRIME MINISTER #RISHI SUNAK #CRYPTOCURRENCY #STABLECOIN

Stablecoin

Tether Taps BDO Global for Attestation of Reserve

Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes

Godfrey Benjamin

Aug 19, 2022

| 2 Min Read

#TETHER #BDO #USDT #STABLECOIN #CRYPTO

Stablecoin

Acala Network's aUSD Depegged from Dollar Mark after Breach

Acala Network's stablecoin was depegged from the dollar mark on Sunday following a breach. A vote was proposed to pause operations on Acala after it noticed configuration issues regarding the Horizon protocol, which affects its stablecoin aUSD.

Aaron Limbu

Aug 15, 2022

| 2 Min Read

#BLOCKCHAIN #ACALANETWORK #AUSD #CRYPTO #STABLECOIN #POLKADOT

Regulation

Singapore's MAS to Open Public Consultation on Stablecoins Soon

Singapore’s apex bank, the Monetary Authority of Singapore (MAS), is ramping up plans to open up discussions with the public for stablecoin regulations.

Godfrey Benjamin

Aug 03, 2022

| 2 Min Read

#MAS #3AC #STABLECOIN #SINGAPORE #CRYPTO

Stablecoin

Tether Says No Chinese Commercial Papers Holding on its Reserve

Tether Holdings Ltd, the USDT stablecoin issuer, has once again rebutted growing rumours about the composition of its reserve base. The issuer said they have no Renminbi holdings on its reserve.

Godfrey Benjamin

Jul 28, 2022

| 2 Min Read

#TETHER #COMMERCIAL PAPER #PORTFOLIO #STABLECOIN #CRYPTOCURRENCIES #CHINA

Stablecoin

Is USDC’s Value Posed to Surpass that of USDT This Year?

As the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to rage on.

Brian Njuguna

Jul 27, 2022

| 2 Min Read

#STABLECOIN #TETHER #USDT #USDCOIN #USDC #ALTCOINS #CRYPTOCURRENCIES #CRYPTO

Regulation

UK Treasury Doubles Down on Stablecoin Regulations in New Bill

Zahawi presented the Financial Services and Markets Bill to the members of Parliament on Wednesday with a proposal to regulate stablecoins and "digital settlement assets" as a form of payment assets in the UK.

Godfrey Benjamin

Jul 21, 2022

| 2 Min Read

#UK TREASURY #REGULATION #STABLECOIN

Exchanges

Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.

Annie Li

Jul 18, 2022

| 2 Min Read

#COINFERA #DUBAI #UAE #OTC #USDT #STABLECOIN

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