stablecoin

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Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
Three years into its stablecoin gambit, Meta’s final Libra dinosaur is going out the door.
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Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns
The USDT issuer's market cap has fallen to $66.1 billion from $82.2 billion in two months.
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EU Agrees on Landmark Crypto Authorization Law, MiCA
The world’s third-biggest economy wants the Markets in Crypto Assets Regulation to protect investors and set up strict standards for stablecoin issuers.
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Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
The company will be using the second-largest stablecoin by market cap for its relative stability.
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New York Community Bank to Hold Assets Backing Circle's USDC
This marks the first time a community bank will serve as a custodian for a stablecoin.
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NFT, Private Wallet Fates Hang on EU Crypto Talks This Week
Officials could this week finalize controversial privacy and licensing rules for the sector – once they decide how to treat NFTs and unhosted wallets.
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Crypto Hedge Funds, Traders Short Tether After UST’s Implosion: Report
The positions are worth at least “hundreds of millions” of dollars in notional value, one trader said.
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Tether to Issue Sterling-Pegged Stablecoin, GBPT
The token will be pegged 1:1 to the British pound and will launch in July.
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CBDCs, Not Crypto, Will Be Cornerstone of Future Monetary System, BIS Says
A 42-page chapter in the Bank for International Settlements’ annual economic report envisions a future where programmability and tokenization are built on top of central bank digital currencies.
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CoinDesk - Unknown
First Mover Asia: A Chinese Alternative to Dollar-Based Stablecoins? Widening the Use of the CNH Presents Challenges; BTC Remains Above $20K
The token is a version of China’s currency designed for offshore use; other cryptos are mixed in light trading.
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