Bankruptcy
MakerDAO approves 85% Gemini USD holdings in DAI stablecoins
Maker's PSM poll showed 50.85% of participants supporting keeping the GUSD debt ceiling at $500 million, while the rest supported its removal.
Soumen Datta 2 min read
Stablecoins News
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Coverage footprint 5.6%
News sentiment 31 /100
Top Stablecoins Stories
Stablecoins
National Australia Bank to launch AUD-backed stablecoin
The stablecoin, AUDN, will focus on reducing settlement time, bringing down cost of international transfers, and carbon credits.
CBDCs
Spanish central bank approves digital Euro token EURM
Monei to issue El Banco de España digital currency pilot to last up to 12 months.
Latest Stablecoins News & Analysis
Stablecoins
Circle: USDC stablecoin is always 1:1 redeemable for US dollars
Circle published a recap of 2022 and said it had kept its promise of dollar parity and the future for digital dollars looks bright.
Stablecoins
Stablecoin collapse could impact U.S. bond market, economist warns
Economist Eswar Prasad has warned regulators that a bank run on Stablecoins could have significant impact on the U.S bond markets.
Stablecoins
Stablecoin reserves in centralized exchanges continue to fall after FTX collapse
FTX's collapse led to market uncertainty and low trust in centralized exchanges, resulting in 3.93 billion stablecoins leaving exchanges since then.
DeFi
Ondo Finance launches tokenized US Treasuries, bonds for stablecoin holders
Ondo Finance's three investment products offer returns between 4.62% and 8.02% annually.
Stablecoins
Research: USDC adoption on Ethereum grows post-FTX collapse; USDT remains flat
According to Glassnode's data, while USDT is the largest stablecoin by market cap, USDC has more transfer volume.
Exchanges
Crypto.com to delist USDT for Canadians
The USDT delisting is in accordance with instructions from the Ontario Securities Commission.
