Stablecoin
Circle CEO Expects USDC to Benefit From Binance's Auto-Converting
Beginning late September, USD coin (USDC), Paxos dollar (USDP) and trueUSD (TUSD) will no longer be traded at Binance, and deposits will automatically be converted to Binance USD (BUSD). Circle CEO Jeremy Allaire expects USDC to benefit from getting booted. "The Hash" hosts discuss what this means for the global stablecoin markets.
DeFi Platform Curve Finance Takes First Steps Toward crvUSD Stablecoin
Details on the actual usage of crvUSD are scarce, and Curve developers declined to share more information about the tokens with CoinDesk.
Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It
Surprisingly, Circle’s CEO expects USDC to benefit from getting booted from Binance, while market insiders predict a better trading experience.
Binance to Stop Supporting USDC
Binance, issuer of third-biggest stablecoin, announced it will automatically move customers' funds to its Binance USD (BUSD) token from alternatives, including the larger USD Coin (USDC). "The Hash" panel discusses what this means for stablecoin regulation and the competition between BUSD and USDC.
House’s Stablecoin Bill Likely to Face Major Delays as Negotiations Continue
The congressional efforts toward stablecoin oversight could face fatal delays as negotiations in the House Committee on Financial Services drag out further than the calendar is likely to allow. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
Russia Exploring Stablecoin Settlements With Friendly Nations: Report
President Vladimir Putin had signed a law banning digital payments earlier this summer.
Binance Halts USDC Support; Inflation Hits Crypto
Issuer of USDC questions Binance’s move to convert users’ stablecoin holdings into its own BUSD. Meanwhile, inflation takes a bite out of financial assets. More on those stories and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC
The action effectively removes the world's second-biggest stablecoin, USD coin, as a tradable asset on Binance's giant platform.
Stablecoin Issuer Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves
The newspaper reported that the firm's assets outweigh its liabilities by just $191 million, implying a relatively "thin cushion of equity."
La provincia argentina de Mendoza ahora acepta criptomonedas para el pago de impuestos
Los pagos efectuados en criptomonedas se convertirían inmediatamente a pesos argentinos.
