Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought
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How The Tether Peg Could Predict Raging Bitcoin Volatility
The whole UST debacle has seen traders emboldened in the market against stablecoins. The result of this had been more investors going after the pegs
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Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion.
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UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown
The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions
Read moreInvestors Make For Stablecoin Hills As USDT Volume Touches All-Time High
With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins
Read moreInvestors Make For Stablecoin Hills As USDT Volume Touches All-Time High
With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins
Read more