Stablecoins

Stablecoins

Markets

Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley

Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the bank said.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Finance

U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.

Silvergate Bank collapsed in 2023. (Will Foxley/CoinDesk)

Finance

Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

The decision follows a turbulent period during which USDC temporarily lost its dollar peg after key banking partner SVB collapsed.

(Sandali Handagama/ CoinDesk)

Markets

Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head

Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.

Binance founder and CEO Changpeng Zhao (Antonio Masiello/Getty Images)

Finance

Crypto Exchange BitMEX's Acting CEO: We Have Gone Through the ‘Valley of Death’

But Stephan Lutz says the trading platform is now reaping the benefits of the current crypto market.

(Shutterstock)

Policy

Circle Seeks to Register in France, Ramping Up European Play

The stablecoin issuer wants to expand European operations and prepare for new reserve requirements under the EU’s MiCA law.

The Louvre Museum, Paris (Kiran Ridley/Getty Images)

Finance

Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say

The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa.

Conferencia Blockchain Africa, realizada en Sudáfrica. (Bitcoin Events Pty Ltd)

Markets

Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport

Investors are shifting into the cryptocurrency from stablecoins and more volatile cryptocurrencies, a report from the firm said.

Jenga image via Shutterstock

Finance

Decentralized Exchanges Posted Record $25B Daily Volume as USDC Depegged

The majority of volume took place on Uniswap and Curve as traders hopped out of, and back into, the stablecoin.

Trading volume on DEXs hits record high. (DefiLlama)