Stablecoins

Stablecoins

Думки

Why Mastercard paid double for stablecoin infrastructure it could have built

The credit card giant’s pricey payment to buy stablecoin platform, BVNK, says more than any strategy deck or earnings call ever could.

Mastercard

CoinDesk Indices

Crypto for Advisors: The evolution of stablecoins

From niche trading instrument to global financial infrastructure: How stablecoins are extending the US dollar’s reach and what advisors need to know.

Scott Rodgerson

Політика

Market structure bill compromise draws wide-ranging reaction from fractured crypto crowd

The yield agreement, seen as a step toward finally advancing the stalled market structure bill, hasn't yet fully won industry support.

Coinbase CEO Brian Armstrong at the White House

Фінанси

SBI, Sony back Startale’s $63 million push to expand Japan’s tokenized finance stack

The Singapore-based company builds blockchain tools for financial firms and retail users, including a blockchain for tokenized securities, stablecoins, and a consumer app.

Japan flag in front of a building (Roméo A./Unsplash)

Ринки

Circle selloff may be overdone as crypto bill weakens Coinbase edge, say analysts

The latest draft of the CLARITY Act hit both stocks, but one analyst says the bill could ultimately shift bargaining power toward Circle and away from Coinbase.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Ринки

Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards

The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Фінанси

Tether hires a 'Big Four' firm for a full audit of USDT reserves

The audit aims to address long-standing questions over USDT reserves and push new disclosure standards.

Tether CEO Paolo Ardoino at White House

Політика

Brazil’s finance minister delays divisive crypto tax plan

The proposed tax would classify some crypto transactions as foreign exchange operations, subject to rates ranging to as high as 3.5%.

Brazil's flag (Rafaela Biazi/Unsplash)

Ринки

South Korea crypto liquidity tumbles as stablecoin balances plunge 55% and stock buying rises

On-chain data shows a sharp drawdown in dollar-linked token holdings since July, with the latest wave triggered by won weakness.

A scattering of 50,000 South Korean-won notes

Технології

DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends

Gauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to incentive campaign endings, airdrops, and shifts in market conditions which regularly produce short-period swings in either direction.

Gauntlet's Tarun Chitra speaks on a CoinDesk virtual panel (CoinDesk)

Розсилки

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