Stablecoin
Former CFTC Chair on Crypto and Stablecoin Regulation
Former CFTC Chairman Timothy Massad discusses why the current regulatory framework is “inadequate” and his concerns over the tug of war between SEC and the underfunded CFTC. Plus, what the Biden Administration can do for stablecoin regulation.
Tether Slashing Commercial Paper Holdings, New Auditor Confirms
BDO Italia has reaffirmed stablecoin issuer Tether’s consolidated reserves report that showed a 58% quarterly decline in commercial paper holdings to $8.5 billion as of June 30. “The Hash” hosts discuss the BDO report and what it suggests about Tether and the current state of stablecoins.
Stablecoin Issuer Tether Taps New Accounting Firm
Stablecoin issuer Tether has tapped BDO Italia to take over from MHA Cayman on its regular attestation reports. It said it plans to publish the reports every month rather than once a quarter. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.
DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug
Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, aUSD, depegged on Sunday, plummeting 99% after hackers exploited a bug in a newly deployed liquidity pool to mint 1.28 billion tokens. "The Hash" team discusses the implications for the state of stablecoins, open finance, and regulation.
How Tornado Cash US Ban Could Impact Future of Crypto
Galaxy Digital has published a report on how the U.S. Treasury department’s sanction of crypto mixer Tornado Cash could impact the future of crypto.
MakerDAO Founder on Tornado Cash, Stablecoin DAI, Ethereum Merge
The U.S. Treasury has sanctioned crypto mixer Tornado Cash, which could have a ripple effect across the industry. Rune Christensen, founder of Ethereum’s pioneering decentralized money layer MakerDAO, discusses the ban and what it means for MakerDAO, its decentralized stablecoin DAI and the state of DeFi. Plus, exploring the impact of Ethereum's merge.
Former Terra-Linked Project Kujira to Launch Stablecoin
Kujira, the crypto project previously built on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra’s implosion, is close to issuing a stablecoin called USK. "The Hash" hosts weigh in.
