Stablecoin


Markets

DeFi Giant MakerDAO Voting on Hiking DAI Stablecoin Rewards

Increasing the DAI savings rate would increase the Maker stablecoin’s competitiveness and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said.

Could BTC price rise 44% from firms buying in the open market? (Getty Images)

Tech

Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023

USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem, Emurgo said.

Daren Li pleaded guilty to conspiracy to commit money laundering. (Pixabay)

Markets

Confusion Abounds As Binance and OKX Suspend Support for USDC, USDT on Solana, Then Backpedal

Binance subsequently resumed deposits for Tether's USDT on Solana, while OKX reworded an original statement saying it delisted the tokens.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)

Markets

Tether's USDT Stablecoin Drops 3% Below $1 Peg

USDT is trading at 97 cents on several bourses, and briefly fell as low as 93 cents on the Kraken exchange.

USDT traded lower than its intended peg on Thursday. (Cryptowatch)

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Markets

Tron Network USDD Stablecoin Wobbles From Dollar Peg Amid Latest Crypto Crisis

Justin Sun speculated in a tweet that struggling trading firm Alameda might have started the deviation by selling its USDD holdings.

Tron founder and diplomat Justin Sun (Shutterstock/CoinDesk)

Finance

USDC Issuer Circle to Add Solana Support for Euro Coin in 2023

The stablecoin was introduced in June and is backed by a mix of cash and European government debt.

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Finance

CloudWalk es la primera empresa cripto en Brasil en obtener una licencia para pagos

La empresa, que ya cuenta con una stablecoin vinculada al real brasileño, consiguió la licencia del banco central de ese país.

(Ingo Rösler/Getty Images)

Finance

Circle Begins Putting Reserves Into New BlackRock Fund

The assets backing Circle Internet Financial’s USDC will finish moving into an SEC-regulated money market fund early next year.

Circle's logo on a building (Sandali Handagama/ CoinDesk)

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Finance

CloudWalk Is First Crypto Firm in Brazil to Become a Licensed Payments Institution

The company, which already has a stablecoin tied to the Brazilian real, was licensed by the central bank of the South American country.

(Ingo Rösler/Getty Images)

Policy

Analyzing What's Next for Europe's Markets in Crypto Assets Law

Issuers of stablecoins are just one of the many areas that will be subject to more regulation under the EU's Markets in Crypto Assets (MiCA).

(Getty Images)