Stablecoins
Tether Denies Holding Evergrande’s Commercial Paper as Reserve for Stablecoin USDT
It’s the latest twist in ongoing speculation over the quality of the reserves backing USDT.
Circle CEO Jeremy Allaire on Stablecoins
Jeremy Allaire of neo-bank Circle digs into the world of stablecoins as the issuer of the second-largest stablecoin by market cap USDC. He joins "First Mover" live from the 2021 SALT Conference in New York to share his insights into USDC's backings, growth of stablecoins, tether (USDT)'s reserve breakdown, and his reactions to Coinbase receiving a SEC Wells notice over its lending product. Plus, insights into Circle's future plans as it prepares to go public.
Brian Brooks: ‘My View About Navigating the US Waters Is a Little Bit Different From CZ’s’
Live from the 2021 SALT Conference in New York, Brian Brooks, former Acting Comptroller of the Currency, discusses why he stepped down as Binance.US CEO after just four months on the job, citing “strategic differences” between himself and Binance founder Changpeng “CZ” Zhao.
Kevin O’Leary: US Regulators Unlikely to Approve Bitcoin ETF; Excited About NFTs, DeFi
“Shark Tank” star, entrepreneur, and O’Shares chairman Kevin O’Leary joins “All About Bitcoin” live from the 2021 SALT Conference in New York to discuss why he’s “more excited about NFTs than anything else.”
E-Money’s Stablecoins to Become Available on Algorand
Algorand will now support e-Money’s range of stablecoins, including those pegged to the euro (eEUR), Swiss franc (eCHF) and Swedish krona (eSEK).
Former Ripple Execs to Launch Micropayments Platform to Tackle Transaction Fees
The pingNpay platform will use local currency-backed stablecoins to power microtransactions at a fraction of the cost of typical debit card-based payments.
US Treasury Officials, Financial Industry Executives Met to Discuss Stablecoins: Report
In meetings this week, the officials and executives discussed regulation and related topics.
Former CFTC Commissioner Brian Quintenz Joins A16z, Shares Outlook on Crypto Regulations
As federal regulations around cryptocurrencies come into focus, Brian Quintenz, who stepped down from the CFTC at the end of August, shares his take on the evolving U.S. crypto regulatory landscape. He explains the relationship between the SEC and CFTC, outlook for stablecoin regulation and reactions to SEC cracking down on Coinbase. Plus, his plan to help the regulators understand crypto after joining venture capital firm Andreessen Horowitz (a16z) as a part-time advisor.
BIS Signals Central Banks to Start Work on CBDCs
The head of the BIS Innovation Hub says central banks must retain the ability to uphold financial stability.
Former Libra Director Joins Polkadot Builder
Bertrand Perez, the former chief operating officer (COO) of the Facebook-backed Diem stablecoin project, is joining the Web3 Foundation, a backer of the Polkadot blockchain, as COO. "The Hash" group discusses what this could signal about the future of Diem and Polkadot and the possible impact on stablecoin regulation.
