Stablecoins
Circle: USDC Backed 61% by Cash and Cash Equivalents
In its latest attestation report, global payments company Circle revealed Tuesday about 61% of its stablecoin USDC is backed by “cash and cash equivalents,” meaning cash and money market funds. “The Hash” panel discusses Circle’s breakdown of its asset reserves, at least partially answering swirling questions about how USDC is supported.
Yellen Urges Federal Agencies to ‘Act Quickly’ on Stablecoin Regulation
Treasury Secretary Janet Yellen convened a meeting Monday of the President’s Working Group on Financial Markets (PWG) to discuss stablecoins. CoinDesk’s Nikhilesh De shares the key takeaways, proposing the regulatory outcome. Plus, his take on Mastercard potentially testing USDC for payments.
Tether Co-Founder: ‘Tokenization of Fiat Will Happen’
Amid the explosive growth of stablecoins, Tether co-founder William Quigley discusses why stablecoins are here to stay. “Every fiat currency, globally, of any significant economy, will be tokenized,” Quigley said. “There’s a lot of people in crypto who need a safe harbor …
Inihayag ng Circle ang Asset Backing USDC Stablecoin
Ang No. 2 stablecoin ng Crypto ay halos sinusuportahan – 61% – ng cash at mga katumbas na cash. Narito kung ano ang binubuo ng natitira.
State of Crypto: Paparating na ang Mga Panuntunan ng Stablecoin
Parami nang parami ang pinag-uusapan ng mga awtoridad sa regulasyon tungkol sa mga stablecoin, ngunit nananatili pa ring makita kung ano talaga ang kanilang ipapatupad.
Nangako ang Presidential Advisory Group ng Mga Rekomendasyon sa Stablecoin
Ang Treasury Department ay T naglatag ng timeline kung kailan ito maglalathala ng mga rekomendasyon nito sa regulasyon ng stablecoin.
Morgan Creek Capital Management CEO: ‘[Bitcoin] Price Is A Liar,’ Says He’s Focused on Bitcoin’s Long-term Potential
Despite bitcoin’s short-term downward momentum potentially posing a risk to the cryptocurrency, Morgan Creek Capital Management CEO Mark Yusko still maintains a positive outlook. “[Bitcoin’s] price is a liar,” he said. “I’ve never probably been more bullish on the long-term perspective …
Financial Experts: Stablecoins Risky Like ‘Wildcat’ Bank Practices of 19th Century
The world of stablecoins could evolve into one reminiscent of the 19th century’s free banking period in the U.S., according to Yale economist Gary Gorton and U.S. Federal Reserve attorney Jeffery Zhang. "The Hash" hosts discuss whether they agree with this assessment of stablecoins, given the historical context of free banking and what government control of the money supply has done.
Kung ang Stablecoins ay Nagdudulot ng Kawalang-tatag, Ang mga Regulator ay May Sisisi sa Sarili
Ang pseudonymity ay isang pangunahing dahilan para sa paglitaw ng $110 bilyon na stablecoin market. Kung ang mga regulator ay nag-aalala tungkol sa katatagan ng pananalapi, dapat silang magkaroon ng ilang mga kontrol sa KYC.
Bakit Gumagamit ang Mga Bangko Sentral ng Libreng Pagbabangko upang Atakihin ang mga Stablecoin
Kung babalaan mo ang mga tao tungkol sa mga stablecoin sa pamamagitan ng pagbanggit sa kasaysayan ng ika-19 na siglo, dapat mong isama man lang ang buong tala, sabi ng aming kolumnista.
