Stablecoins
In Search of Financial Freedom: The Answer Lies With Bitcoin, Not Stablecoins
"It is not enough to swap one master for another, be it a government or a corporation," Montclair State University adjunct professor Burak Tamaç writes.
Does Howard Lutnick Know ‘the Truth’ About Tether?
Speaking at Davos, the Cantor Fitzgerald CEO says the stablecoin issuer has the money to back USDT. Maybe it’s time we all started to believe in Tether, despite the “truthers”?
Wall Street CEO on Tether Controversy: 'They Have the Money'
Tether's $95 billion stablecoin has been dogged by questions around whether it actually holds the assets it says are backing USDT. Cantor Fitzgerald's Howard Lutnick, whose firm manages money for Tether, says it does.
Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.
2023: A Critical Juncture for the Global Stablecoin Market
Moody’s Senior Director Yiannis Giokas said adoption accelerated this year, despite many destabilizing trends.
Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment
The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.
The Tether Killer? A True Stablecoin Would Enhance Banking and Crypto
A U.S. dollar pegged stablecoin backed only by cash in a bank could help expand the money supply without causing inflation and improve the banking sector, attorney Daniel Wheeler argues.
Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp
The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.
SocGen to Introduce EURCV Stablecoin, Picks Flowdesk as Market Maker
The stablecoin, EUR CoinVertible, isn't the first based on the euro, but it does have the backing of Societe Generale, a major European financial institution.
