Stablecoin
Former CFTC Chair Giancarlo: There's a 'False Choice' Between CBDCs and Stablecoins Regarding Privacy
The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency (CBDC). Former CFTC chairman and Willkie Farr & Gallagher LLP senior counsel J. Christopher Giancarlo weighs in. "There's a false choice between stablecoins and central bank digital currencies when it comes to privacy," Giancarlo said.
Mt. Gox Pushes Repayment Deadline; PayPal's Stablecoin Now Available to Venmo Users
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including Mt. Gox pushing back the deadline for its planned repayments by another year. A stablecoin makes its debut on mobile payment service Venmo. And, Grayscale throws its hat in the ring for a new ether futures ETF. Grayscale and CoinDesk are both owned by DCG.
Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers
Celo Co-Founder on Stablecoin Wallet Launch, State of Web3 Across Africa
Web platform Opera just launched a stablecoin wallet built on the Celo blockchain, that aims to onboard mobile users across the continent of Africa to Web3. Celo co-founder Rene Reinsberg shares insights into the rollout and the implications for the state of crypto innovation and adoption across Africa.
Jeremy Allaire on Circle’s ‘Multi-Decade’ Strategy and Where Stablecoin Regulation Is Headed
Circle co-founder and CEO Jeremy Allaire joins Unchained for an in-depth discussion on the reasons behind Coinbase’s investment in Circle, how Circle has emerged stronger from the banking crisis, what he thinks of PYUSD, what he likes and doesn’t like about the current U.S. stablecoin bill, and his thoughts on what the final bill will look like.
Solana Labs Co-Founder: Large Payment Networks See Tech 'Ready for Prime Time'
Visa has expanded its stablecoin settlement capabilities with Circle’s USDC stablecoin to the Solana (SOL) blockchain, designed to offer high-speed performance. Solana Labs co-founder and COO Raj Gokal shares insights into the partnership and why payments giants see the technology "as ready for prime time."
Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments
The company said it is one of the first major payment institutions to use directly the Solana network for settlements.
Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing
Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.
SEC Delays Spot Bitcoin ETF Decision; Creditors Accuse Genesis of Ballot-Stuffing Over FTX Deal
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto, as the markets react to the August jobs report and the SEC's move to delay the decision on spot bitcoin ETF applications. A stablecoin backed by one of the most volatile currencies rapidly grows. Creditors of Genesis Global Capital are making accusations of vote-buying to “manipulate” a proposed deal with the defunct exchange FTX. Genesis and CoinDesk share the same parent company, DCG.
Prime Trust's CEO Says Firm Lost $8M in Doomed Terra Stablecoin Investment
Prime Trust CEO Jor Law said in a recent court filing that the crypto custodian lost a total of $8 million in a doomed investment in the terraUSD algorithmic stablecoin. "The Hash" panel discusses the latest developments in Prime Trust's bankruptcy proceedings.
