Stablecoin

Stablecoin

Videos

SEC Is 'Poking and Prodding Around' With PayPal Subpoena: Analyst

PayPal (PYPL) said in a filing that the company received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin. Tactive Wealth Advisor Eddy Gifford weighs in on what the subpoena could mean for the global payments giant. "It's just the SEC poking and prodding around," Gifford said. But it serves as a reminder that "if you are in the cryptocurrency space, you better be doing things by the book."

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Videos

PayPal Received SEC Subpoena Related to its Dollar-Pegged Stablecoin

PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday, the global payments giant said in a filing. In August, the firm announced it was entering the cryptocurrency market with the U.S. dollar-pegged stablecoin, PayPal USD.

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Policy

Hinaharap ng PayPal ang SEC Subpoena sa PYUSD Stablecoin nito

Noong Agosto, sinabi ng PayPal na ipakikilala nito ang sarili nitong US dollar-pegged stablecoin, PayPal USD.

paypal logo on a smartphone booting up the payments app (Marques Thomas/Unsplash, modified by CoinDesk)

Videos

Closing Arguments Start in Sam Bankman-Fried's Trial; Could Bitcoin Reach $150K by 2025?

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Bernstein's latest bitcoin (BTC) price prediction. Circle is curbing service for individual accounts to mint stablecoins. And, the latest legal developments as FTX founder Sam Bankman-Fried's trial nears its end.

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Videos

USDC Issuer Circle Curbs Stablecoin Minting for Retail Users

USDC issuer Circle Internet Financial said Tuesday it is curbing service for individual accounts to mint stablecoins. "Circle is phasing out support for legacy consumer accounts and has notified individual consumers of this decision," a Circle spokesperson told CoinDesk in an email. "Account closures do not apply to business or institutional Circle Mint accounts."

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Videos

Circle’s Chief Strategy Officer on Future of Stablecoins, Crypto Regulation

As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., Circle's Chief Strategy Officer and Head of Global Policy Dante Disparte discusses the future of stablecoins and the regulatory implications around the $123 billion asset class. This comes as Circle released an upgrade for its Web3 programmable crypto wallet that allows merchants to take over and pay for their customers' transaction fees.

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Finance

Nilalayon ng Tether na I-publish ang Reserve Data sa Real-Time sa Mga Paparating na Taon: Ulat

Ang Tether ay nagkaroon ng $3.3 bilyon na labis sa mga reserba sa pagtatapos ng Q2.

Tether freezes $225 million worth of its stablecoin (Jorge Salvador/Unsplash)

Opinion

Mga Panganib ng U.S. na Naglalabas ng Ikalawang 'Eurodollar' Market kung Nagdadala ito sa Regulasyon ng Stablecoin

Ang katiyakan sa regulasyon ng Europa ay maaaring makaakit ng USD stablecoin market, isinulat ni Jón Egilsson, dating tagapangulo ng Icelandic Central Bank at co-founder ng Monerium.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Tech

Ang Token ng Stablecoin Lender Liquity ay Nagkakaroon ng 80% sa Buwan habang Tumataas ang Aktibidad

Halos dumoble ang presyo ng token ng LQTY . Kasama sa mga salik na binanggit ang paglago sa aktibidad at isang A rating mula sa Bluechip.

(Jayashreee/Creative Commons)

Policy

Bakit Gustong Mag-isyu ng mga Stablecoin sa Japan ang Binance at Banking Giant MUFG

Nais ng Binance Japan at Mitsubishi UFJ bank na tumulong sa mga ambisyon ng Web3 ng bansa sa pamamagitan ng pag-isyu ng mga stablecoin.

(Shutterstock)