Stablecoin
Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.
Tether Denies U.S. Probe; MicroStrategy Premium is 'Unsustainable': Report
Tether CEO Paolo Ardoino denied a report claiming the stablecoin issuer is under a probe by U.S. federal investigators. Plus, MicroStrategy's almost 300% premium to its bitcoin holdings is unsustainable, according to a Steno Research report. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'
But the leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.
Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan
Tokens such as BUIDL are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.
Circle's Allaire: Stablecoins Could Expand by Trillions in 10 Years, Will Be Integral Part of Global Financial System
While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview.
Stripe Bets Big on Stablecoins with Bridge Buy; Ripple's Larsen Leads Harris Crypto Donations
Bitcoin price falling back after failing to breach $70,000 and broker Bernstein explains why Stripe's acquisition of Bridge is a major nod to stablecoin usage. Plus, Ripple co-founder Chris Larsen leads crypto donations for Kamala Harris' campaign. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Crypto-Real Estate's USDR Misled Investors as Tangible Brothers Made Millions
The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.
Why the $172B Stablecoin Market Could Send Crypto Prices Higher
The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
Ripple Names Exchange Partners for Stablecoin RLUSD, Awaits NYDFS Approval
Ripple's upcoming stablecoin will leverage its established position for payments and be a key bridge for real-world asset tokenization, Ripple Labs President Monica Long told CoinDesk in an interview.
Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions
Stablecoin market capitalization has jumped to $169 billion led by USDT and USDC. Plus, on-chain analytics firm Santiment reported a bump in whale transactions on the Bitcoin network. Could stablecoin liquidity and rising transaction volume be the catalyst for bitcoin's next price surge? CoinDesk's Christine Lee presents the "Chart of the Day."
