Stablecoin
The Benefits of Assets Tokenization
We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, like bitcoin and ether, says WisdomTree’s digital of digital assets, Benjamin Dean.
A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi
Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins.
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Senate's majority leader is open to it.
Stablecoin Project Gyroscope to Conduct Points Program, Launch High-Yield Liquidity Pools
The Galaxy Ventures-backed project expects its “Rehype” liquidity pools could generate mid-double digit returns, developers said.
Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments
The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions.
EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA
The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies or assets.
El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including El Salvador's major gains from the recent bitcoin (BTC) rally. The Central American nation is sitting on $84 million in unrealized profit on the holdings it first started acquiring in September 2021. Plus, the Binance saga continues in Nigeria, and Hong Kong starts a regulatory sandbox for potential stablecoin issuers.
Hong Kong's Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
The regulator invited applicants with a "genuine interest in developing a stablecoin issuance business" to join the sandbox.
Existing Stablecoin Models Are Not 'Totally Fair,' Usual CEO Says
Usual CEO Pierre Person answers five rapid-fire questions from CoinDesk, including killer use cases for stablecoins, his journey into the crypto space, and what the MiCA regulation means for traders and entrepreneurs in Europe.
How USD0 Plans to Bring More Transparency to the Existing Stablecoin Model
Pierre Person, CEO of finance protocol Usual and former politician and member of the French National Assembly, joins "First Mover" to break down the details of USD0 and how the new stablecoin project aims to offer more transparency and fairness in the market. Plus, insights on the state of crypto regulation in Europe.
