Stablecoin

Stablecoin

Videos

Bitcoin Breaks $30,000; Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing Stablecoins

Jennifer Sanansie gives a news update on "CoinDesk Daily." Bitcoin has broken $30,000 for the first time in over a year amid bullish sentiment in the market following a number of traditional finance (TradFi) players pushing further into crypto. Plus, Federal Reserve Chairman Jerome Powell argues for strong central-bank oversight in stablecoin regulations, saying "the ultimate source of credibility in money is the central bank," in front of the House Financial Services Committee. Separately, crypto exchange Binance will expand its zero-fee trading promotion to all trueUSD (TUSD) trading pairs starting June 30. And, decentralized finance (DeFi) infrastructure provider, Maverick Protocol, has raised $9 million in funding.

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Videos

Fed Chair Powell Says Stablecoin Regulations Need Central Bank Oversight

Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday, saying "we do see payment stablecoins as a form of money." Powell further underscored the significance of central banks as the "ultimate source of credibility in money" in all advanced economies. He also argued for the need for strong central bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.

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Markets

Circle riavvia gli acquisti di titoli del Tesoro USA nel fondo di riserva USDC gestito da BlackRock

Gli accordi di riacquisto KEEP a far parte del fondo di riserva, ha affermato mercoledì il direttore finanziario di Circle durante una call aziendale.

Jeremy Allaire, CEO of Circle (CoinDesk)

Markets

MakerDAO aumenta le partecipazioni in titoli del Tesoro USA di 700 milioni di $ per sostenere la stablecoin DAI con asset del mondo reale

L'acquisto è l'ultimo passo per aumentare il ruolo degli asset del mondo reale nella riserva di stablecoin DAI della piattaforma.

Rune Christensen, fundador de MakerDAO. (CoinDesk TV)

Policy

Le banche centrali propongono CBDC, standard per stablecoin con Amazon, e avviano le prove

La Monetary Authority of Singapore (MAS), in collaborazione con il FMI e altre banche centrali, propone condizioni comuni per i pagamenti al dettaglio con moneta digitale su un registro distribuito.

Amazon was selected to develop an e-commerce app for a digital euro. (Christian Wiediger/Unsplash)

Videos

Tether’s Banking Relationships Detailed in Newly Released Legal Documents

CoinDesk recently obtained documents under a Freedom of Information Law request, which offer a rare but limited look into Tether’s banking relationships. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down what the documents reveal about the stablecoin issuer's banking relationships and past reliance on commercial paper.

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Finance

La tokenizzazione potrebbe rappresentare un'opportunità da 5 T di dollari guidata da stablecoin e CBDC: Bernstein

Secondo il rapporto, nei prossimi cinque anni circa il 2% della massa monetaria globale, tramite stablecoin e CBDC, potrebbe essere tokenizzata, ovvero circa 3 trilioni di dollari.

Billetes. (Pixabay)

Videos

USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop

Millions worth of tether (USDT) stablecoins appeared to be selling off on popular Uniswap and Curve pools Thursday morning, sparking early signs of concern among traders. USDT, which usually trades around $1, lost its peg to the U.S. currency and dropped as low as $0.9968. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

MakerDAO valuta l'eliminazione di 390 milioni di dollari Gemini da DAI Reserve

Il risultato potrebbe avere un impatto significativo su Gemini e sulla sua stablecoin, poiché la riserva di MakerDAO detiene circa l'88% dell'offerta totale GUSD .

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., say they gave $1 million each to the Trump campaign. (Joe Raedle/Getty Images)

Videos

Key Takeaways From House Hearing on Future of Digital Assets

The House Financial Services Committee held a hearing Tuesday on the future of digital assets. The committee weighed its draft stablecoin bill in the wake of the U.S. Securities and Exchange Commission (SEC)'s action against Binance and Coinbase. Prometheum co-CEO and founder Aaron Kaplan, who sat on the witness panel, discusses the key takeaways and outlook for crypto legislation in the United States.

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