Stablecoin
Arthur Hayes Proposes Bitcoin-Backed Stablecoin 'NakaDollar'
Arthur Hayes, a co-founder of crypto exchange BitMEX, has proposed NakaDollar (NUSD), a stablecoin backed by bitcoin (BTC) and bitcoin derivatives, which would theoretically be deeply liquid and attractive to traders and provide stability if accepted and used by investors and crypto exchanges. "The Hash" panel discusses the proposal and the future of the stablecoin market.
Crypto Critics' Corner Co-Host 'Surprised' by Tether's Resiliency
Crypto Critics' Corner co-host Bennett Tomlin, who is a notable critic of stablecoin Tether, said he is continuously "surprised" by the resiliency of Tether, particularly following its relationship with Alameda Research.
Dominance of Tether’s USDT Is Rising Among Stablecoins: Data
Earlier this week, USDT’s market share among stablecoins surpassed 54%, data from CoinGecko shows. This is the largest market share Tether’s stablecoin has reached since late November 2021, after the crypto bull market reached its apex. Crypto Critics' Corner co-host Bennett Tomlin discusses the outlook for stablecoins and reacts to the Wall Street Journal report that alleges Tether accessed bank accounts by way of falsified documents and intermediaries.
Iminumungkahi ni Arthur Hayes ang Bitcoin-Backed Stablecoin na Tinatawag na NakaDollar
Ang pera ay umaasa sa mga palitan upang mapanatili ang isang peg sa $1, sinabi ng co-founder ng BitMEX.
Ang Stablecoin Issuer MakerDAO ay Nagmungkahi ng Karagdagang $750M U.S. Treasury Purchase
Ang desentralisadong autonomous na organisasyon sa likod ng DAI token ay dati nang bumili ng $500 milyon na halaga ng mga tala at bono ng gobyerno.
What Silvergate Woes Mean For Stablecoins
Digital assets data provider Kaiko says Silvergate Capital's decision to shutter its instant settlement service SEN, which was popular among large investors, will boost the role of stablecoins and their issuers in crypto trading. Maple Finance Head of Capital Markets Quinn Thompson discusses Kaiko's assessment and the outlook for stablecoins.
BTC, ETH Trading Flat Ahead of Powell Testimony
Maple Finance Head of Capital Markets Quinn Thompson discusses his outlook for the crypto markets as BTC, ETH, and most other major cryptocurrencies continue to trade flat ahead of U.S. Federal Reserve Chair Jerome Powell speaking before Congress on Tuesday. Plus, insights into the stablecoin market.
Ang Mga Pakikibaka ng Silvergate ay Malamang na Palakasin ang Tungkulin ng Stablecoins sa Crypto Trading: Kaiko
Isinara ng may sakit na crypto-friendly bank na Silvergate ang instant settlement na SEN platform nito, na naging susi sa ramp para sa mga institutional Crypto investor upang ilipat ang US dollars sa mga palitan.
Ang USDT Stablecoin Market Share ng Tether ay Tumataas sa Pinakamataas na Antas sa loob ng 15 Buwan
Ang market share ng USDT sa mga stablecoin ay lumampas sa 54% noong Lunes, ang pinakamataas na antas nito mula noong Nobyembre 2021.
Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg
Singapore's police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. "The Hash" panel discusses the latest developments after the collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry, including those of hedge fund Three Arrows Capital and crypto lenders Voyager Digital and Celsius Network.
