Stablecoin

Stablecoin

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)

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.

CoinDesk placeholder image

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)

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)

Finance

DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave

Clave will use the pool to originate loans to Latin American businesses and consumers.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

Videos

HUSD Stablecoin Tumbles From Dollar Peg After Delisting on Huobi

The once-popular HUSD stablecoin has fallen dramatically from its $1 peg, touching a low of 28 cents after crypto exchange Huobi announced it delisted the asset on Friday. "The Hash" panel weighs in on the crypto exchange's recent move, stablecoin competition.

Recent Videos

Finance

After Huobi Delisting Stablecoin HUSD Falls 72% From Dollar Peg

Huobi has said it will assist customers in exchanging HUSD for USDT.

Bitcoin prices fell further on Thursday (Chris Liverani/Unsplash)