USDT and USDC are centralized stablecoins backed by the U.S.dollar, and they are the two largest players in the space based on market capitalization. These stablecoins are less volatile than native cryptocurrencies... Read more »
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.” Read more »
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Read more »
The vote was passed to fully collateralize Frax Finance’s native stablecoin, thus phasing out its algorithmic backing. Read more »
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin. Read more »
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States. Read more »
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.” Read more »
The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers. Read more »
Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar de-peg, alleges Tron’s founder. Read more »
