Stablecoins


Finance

Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies.

Central banks from Mexico and Colombia studied crypto's role in the developing world (Flickr)

Tech

Shopify Customers Can Now Pay In USDC Via Solana Pay

The payment protocol, built on the Solana blockchain, has been integrated into Shopify.

Shopify customers can now pay in USDC via an integration with Solana Pay, the payment protocol on the Solana blockchain. (Shopify)

Finance

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Circle's Jeremy Allaire and Coinbase's Brian Armstrong (CoinDesk/Coinbase)

Finance

Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users

The exchange expanded its services in Canada earlier this week.

Coinbase CEO Brian Armstrong (Coinbase)

Policy

Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin

The top Democrat on the House Financial Service Committee said federal rules should be in place before a company the size of PayPal issues a stablecoin.

Rep. Maxine Waters (D-Calif.) (Sarah Morris/Getty Images)

Finance

Maple Finance's Tokenized Treasuries Available to U.S. Investors After Securities Exemption

The platform's cash management facility has attracted $22 million of deposits since opened in April.

(Rachel Sun/CoinDesk)

Markets

Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein

That's up from $125 million now as use should grow with more co-branded partnerships, a report from the firm said.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Opinion

PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto

The payments giant has been transparent in its need to freeze and seize crypto accounts that violate its terms of service. But is that really crypto?

psychedelic wolves (Robert Larsson/Unsplash, modified by CoinDesk)

Learn

Why PayPal's Stablecoin Scares Washington and Could Shake Legislative Talks

For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins.

PayPal headquarters (Justin Sullivan/Getty Images)