Stablecoins

Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash
The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.

Market Wrap: Nahigitan ng Ethereum Hard Fork Rally ang Bitcoin
Tumaas ng 3% ang Ether sa nakalipas na 24 na oras.

Breaking Down the Market Reaction to Gensler’s Crypto Remarks
Sam Trabucco, co-CEO of quantitative trading firm Alameda Research, breaks down the crypto market activity following SEC Chair Gary Gensler’s remarks at the Aspen Security Forum. Plus, his take on what people are getting wrong about stablecoin tether (USDT).

EY Exec.: Gensler’s Aspen Speech a ‘Bullish Signal’ for DeFi
Paul Brody, Global Blockchain Leader at Ernst & Young, responded to SEC Chair Gary Gensler’s speech at the Aspen Security Forum, saying it signals bullish momentum for DeFi on the blockchain ecosystem. Plus, his take on the future of stablecoins, digital dollar, and crypto regulation.

Precious Metals Data Provider Kitco na Mag-isyu ng Gold-Backed Stablecoin
Ang Kitco Gold ay susuportahan ng pisikal na ginto na nakaimbak sa mga vault at susubaybayan ang real-time na market value ng yellow metal.

Market Wrap: Bitcoin sa Pullback Mode habang Tumataas ang Regulatory Concerns
Bumababa ang Bitcoin habang tumataas ang mga alalahanin sa regulasyon; si ether ay may hawak na suporta.

Crypto Long & Short: Ano ang Nangyayari Sa Tether?
Mula noong katapusan ng Mayo, ang paglago ng tether ay naging ganap na patag.

Market Wrap: Tumama ang Bitcoin sa Dalawang Buwan na Mataas Pagkatapos ng Late-Day Surge
Naabot ng Bitcoin ang pinakamataas na antas nito mula noong kalagitnaan ng Mayo at tumaas ng higit sa 15% sa nakalipas na linggo.

What Are US Lawmakers Likely to Do About Crypto?
Former SEC Branch Chief Lisa Braganca discusses the regulatory gaps in the crypto industry critics worry undermine the financial markets’ safety and how Congress could use its authority to bring greater regulatory clarity. Plus, her take on stablecoins and what further congressional action may be needed to address their risks.

Framework to Regulate Crypto, Stablecoins Introduced in Congress
CoinDesk's Nikhilesh De discusses the details, reactions, and potential impact of a new bill introduced by Virginia Congressman Don Beyer that could provide regulatory clarity for stablecoins and the broader digital asset sector.
