Stablecoin
Tether Reports $700M Profit For Q4 2022 In Latest Attestation Report
Tether, issuer of the world's largest stablecoin, reported a $700 million profit in the fourth quarter of 2022 and said it completely moved away from holding commercial paper as part of the reserves backing its USDT token. "The Hash" panel discusses the latest from Tether and the larger implications for the stablecoin market.
DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin.
Aave Deploys Native Stablecoin GHO on Ethereum Testnet
GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.
Central Banks Are Working on a Monitoring System for Stablecoin Balance Sheets
The Bank for International Settlements is spearheading a project that will look into tech tools that could help regulators form policy frameworks for stablecoins based on data.
86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ
Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer.
Cardano-Based Djed Stablecoin Has Attracted 27M ADA Tokens as Reserve Backing
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.
Stablecoins pierden atractivo a medida que se amplía la brecha entre el APY de 3pool y los rendimientos del Tesoro
El rendimiento promedio anual de proporcionar liquidez para stablecoins en 3pool de Curve, también conocido como la cuenta de ahorro de DeFi, es aproximadamente 250 puntos base menos que el rendimiento del bono a diez años del Tesoro de Estados Unidos.
US and Asia’s Approach to Crypto
While sentiment toward crypto may be souring among U.S. regulators and lawmakers, Asia is revising policies to welcome crypto. CoinDesk Executive Director of Global Content Emily Parker discusses the difference in the U.S. and Asia's approach to crypto regulation, citing the implosion of FTX and stablecoin legislations. Plus, what can be learned from regulatory frameworks in Singapore, Hong Kong and Japan. And, insights on FTX users in China.
Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement
BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko.
