Stablecoin

Stablecoin

Finance

Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries

A kind of ‘money middleware for the digital age,’ the M^0 smart contract ruleset aims for institutional grade stablecoins that are decentralized and interoperable.

DeFi, T-bill, Yield, Paradigm

Videos

The Future of Stablecoin-Powered Shopping

Eco, which is the builder behind Ethereum layer 2 wallet Beam, just acquired stablecoin shopping app Join. Andy Bromberg, Beam CEO and Eco Protocol contributor joins "First Mover" to discuss how the integration will allow customers to spend stablecoins like USDT or USDC in online stores, the potential benefits when compared to credit cards and the future of stablecoin regulation.

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Videos

What Is the Killer Use Case for Stablecoins?

Andy Bromberg, Beam CEO and Eco Protocol contributor answers some rapid fire questions from CoinDesk's Jennifer Sanasie about the first thing he bought using crypto, the issues with fiat currency and provides a simple explanation of stablecoins.

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Finance

MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit

Certrik suggests the exploit could be due to a rounding error.

Hacker (Towfiqu Barbhuiya/Unsplash)

Tech

Solana Delivers 'Token Extensions' to Attract Compliance-Minded Token Developers

The new features let token developers hard code various restrictions into their assets.

Scenes from a Solana hacker house (Danny Nelson/CoinDesk)

Markets

TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues

TUSD went as low as 97 cents as Binance data shows traders apparently sold over $300 million worth.

dollar bill reflected on kitchen counter

Finance

Can Crypto Dethrone U.S. Dollar Dominance? Here Is Morgan Stanley's Take

U.S. monetary policy, combined with the use of economic sanctions, have forced some countries to look for alternatives to the dollar, while growth of stablecoins may have emphasized the need of the fiat currency, the bank said.

a hundred dollar bill

Tech

Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers

The integration allows developers to build cross-chain use cases via Chainlink's CCIP that involve multichain transfers of Circle's USDC stablecoin.

Chainlink co-founder Sergey Nazarov speaks at the project's SmartCon conference in Barcelona. (Chainlink)

Policy

UN Says Tether Plays Major Role in Illicit Activity in East Asia; Stablecoin Issuer Hits Back

Tether said it was "disappointed" that the report had singled out its stablecoin, USDT.

Tether CEO Paolo Ardoino (Tether)

Videos

Grayscale Begins Trading First Spot Bitcoin ETF; Circle Files for IPO

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry from Grayscale claiming bragging rights for being the first product to begin trading to stablecoin issuer Circle Internet Financial filing for an IPO. Plus insights on X no longer support NFT profile pictures.

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