Stablecoin
Tether Nets $5B Profits This Year, Says Its U.S. Debt Holdings Surpassed Germany's
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
Renewed expansion in stablecoins is bullish for the broader crypto market.
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity Is Back Up
Visa and Allium Labs released their latest findings on stablecoin activity which showed demand for stablecoins has picked back up in 2024 and there's a steady growth of monthly active stablecoin users.
TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg
Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.
What Wall Street's Pivot to Small-Cap Stocks Means for Crypto; Hong Kong Plans for Stablecoin Legislation
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including insights from Marex Solutions on whether Wall Street’s pivot to shares in small-cap companies could fuel gains in the crypto market. Plus, the launch of spot ether ETFs in the US, and Hong Kong's plans for stablecoin legislation.
Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
Hong Kong authorities plan to introduce a bill into the Legislative Council before year-end.
Why Are Meme Coins Appealing to New Investors?
Switchboard co-founder Chris Hermida joins Markets Daily to discuss the crypto market crash that happened over the weekend. Hear him weigh in on what contributed to the crash, why meme coins are so popular and why stablecoins may be the biggest source of new users in crypto.
Former Circle Analyst on Stablecoin and CBDCs
Chris Hermida, the co-founder of Switchboard and a former analyst at Circle, breaks down the nuances between stablecoins and central bank digital currencies (CBDCs). Plus, whether non-crypto-native end users care about the distinctions between the two.
Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
Tether to Stop Minting Stablecoin USDT on Algorand and EOS
The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.
