Cheyenne Ligon

Cheyenne is a features and opinions editor at CoinDesk. Previously, she covered U.S. policy and regulation, with a focus on court proceedings and crime. She was part of the Gerald Loeb award-winning team that chronicled the downfall of FTX's Sam Bankman-Fried. She has no significant crypto holdings.

Cheyenne Ligon

Latest from Cheyenne Ligon


Opinion

Customers are benefitting from the global stablecoin arms race — but that won’t last forever

It would be a mistake to see the incoming wave of aggressive APYs as the new baseline, according to Ron Tarter, CEO of MNEE. This is merely the promotional phase of stablecoins.

Money (Unsplash/Alexander Grey/Modified by CoinDesk)

Finance

PNC Bank CEO says stablecoins must choose: be a payment tool or a money market fund

During an earnings call on Friday, CEO Bill Demchak urged a clear split between payment tools and investment vehicles.

CoinDesk

Tech

Stablecoins and self-custody are driving the rise of crypto neobanks

For years, crypto’s most ambitious builders focused on blockchains’ plumbing. But a growing number of projects are now stepping away from the base layer and focusing on payments and neobank-like services.

Piggy banks (Unsplash/Insung Yoon/Modified by CoinDesk)

Markets

Bitcoin price may hit $300,000 to $1.5 million by 2030, Ark Invest Says

With ETFs and corporate treasuries absorbing more bitcoin than expected, the market is entering a more institutional, lower-volatility era.

Ark Invest's Cathie Wood (CoinDesk)

Advertisement

Markets

More than half of all crypto tokens have failed — and most died in 2025

Over 13.4 million tokens have been erased between mid-2021 and 2025, according to a new analysis by CoinGecko.

(Getty Images)

Finance

Figure joins stock tokenization race with new trading platform backed by BitGo, Jump

The blockchain lender's new OPEN platform hosts equities registered natively onchain, bypassing DTCC and allowing DeFi-based lending.

Figure executive chairman Mike Cagney (Figure)

Opinion

Big banks want to freeze innovation. History says that’s a mistake

The fight over stablecoin yield is less about protecting consumers and more about protecting banking incumbents, argues Bill Hughes, Senior Counsel and Director of Global Regulatory Matters for Consensys.

Wall street signs, traffic light, New York City

Finance

Algorand Foundation returns to U.S. amid friendlier crypto regulation under Trump

The blockchain nonprofit is moving its base of operations back to the United States and has appointed a new board to oversee its next phase of growth.

Algorand - ALGO Logo

Advertisement

Opinion

Congress must bar interest on payment stablecoins to avoid harming Main Street lending

Allowing crypto exchanges and other intermediaries to offer yield-like incentives on payment stablecoins would pose significant risks to local economies, argues Kevin Paintner, chairman of the Independent Community Bankers of America’s Digital Assets Subcommittee.

Main Street (Unsplash/Olivia Hutcherson/Modified by CoinDesk)

News Analysis

How a battle with bankers tarnished crypto's market structure bill near the finish line

The crypto industry contends that Wall Street giants stood behind community banks to undercut digital competitors before they could get a major legislative win.

Coinbase CEO Brian Armstrong at the White House