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XRP
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Stablecoin

(Sandali Handagama/CoinDesk)
Markets
Stablecoin
Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank
Circle’s USDC, the second-largest stablecoin, with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.
(Sandali Handagama/CoinDesk)
By Krisztian Sandor
Mar 10, 2023 at 7:35 p.m. UTC
Mar 10, 2023
StablecoinCircleUSDCReservesMarketsTradingInvestingSilvergate BankSilicon Valley BankSignature Bank
(Getty Images)
Finance
Stablecoin
DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source
“We've been working for four weeks actively trying to pursue a M&A route,” protocol’s strategy lead says.
(Getty Images)
By Danny Nelson
Mar 10, 2023 at 4:56 p.m. UTC
Mar 10, 2023
StablecoinDeFimergers and acquisitions
Arthur Hayes Proposes Bitcoin-Backed Stablecoin 'NakaDollar'
Video
Arthur hayes
Arthur Hayes Proposes Bitcoin-Backed Stablecoin 'NakaDollar'
Arthur Hayes, a co-founder of crypto exchange BitMEX, has proposed NakaDollar (NUSD), a stablecoin backed by bitcoin (BTC) and bitcoin derivatives, which would theoretically b...
Arthur Hayes Proposes Bitcoin-Backed Stablecoin 'NakaDollar'
By CoinDesk Inc
Mar 9, 2023 at 6:03 p.m. UTC
Mar 9, 2023
Arthur HayesBitMEXcdtvStablecoinHash clipNakadollarNusd
Crypto Critics' Corner Co-Host 'Surprised' by Tether's Resiliency
Video
Cdtv
Crypto Critics' Corner Co-Host 'Surprised' by Tether's Resiliency
Crypto Critics' Corner co-host Bennett Tomlin, who is a notable critic of stablecoin Tether, said he is continuously "surprised" by the resiliency of Tether, particularly foll...
Crypto Critics' Corner Co-Host 'Surprised' by Tether's Resiliency
By CoinDesk Inc
Mar 9, 2023 at 4:30 p.m. UTC
Mar 9, 2023
cdtvStablecoinFM ClipTetherAlameda ResearchSocial_ClipBennett tomlin
Dominance of Tether’s USDT Is Rising Among Stablecoins: Data
Video
Wall street journal
Dominance of Tether’s USDT Is Rising Among Stablecoins: Data
Earlier this week, USDT’s market share among stablecoins surpassed 54%, data from CoinGecko shows. This is the largest market share Tether’s stablecoin has reached since late...
Dominance of Tether’s USDT Is Rising Among Stablecoins: Data
By CoinDesk Inc
Mar 9, 2023 at 3:49 p.m. UTC
Mar 9, 2023
Wall Street JournalcdtvCoinGeckoStablecoinFM ClipTetherUSDTBennett tomlin
BitMEX co-founder Arthur Hayes has proposed NakaDollar (NUSD), a stablecoin backed by bitcoin and bitcoin derivatives.
Technology
Bitcoin
Arthur Hayes Proposes Bitcoin-Backed Stablecoin Called NakaDollar
The currency would rely on exchanges to maintain a peg to $1, the BitMEX co-founder said.
BitMEX co-founder Arthur Hayes has proposed NakaDollar (NUSD), a stablecoin backed by bitcoin and bitcoin derivatives.
By Shaurya Malwa
Mar 9, 2023 at 11:36 a.m. UTC
Mar 9, 2023
BitcoinStablecoinBitMEXArthur Hayes
MakerDAO founder Rune Christensen (CoinDesk TV)
Finance
Makerdao
Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase
The decentralized autonomous organization behind the DAI token previously purchased $500 million worth of government notes and bonds.
MakerDAO founder Rune Christensen (CoinDesk TV)
By Brandy Betz
Mar 7, 2023 at 5:15 p.m. UTC
Mar 7, 2023
MakerDAOUS TreasuryDAIStablecoin
What Silvergate Woes Mean For Stablecoins
Video
Cdtv
What Silvergate Woes Mean For Stablecoins
Digital assets data provider Kaiko says Silvergate Capital's decision to shutter its instant settlement service SEN, which was popular among large investors, will boost the ro...
What Silvergate Woes Mean For Stablecoins
By CoinDesk Inc
Mar 7, 2023 at 4:05 p.m. UTC
Mar 7, 2023
cdtvStablecoinFM ClipSilvergateKaikoMaple financeQuinn thompsonSen
BTC, ETH Trading Flat Ahead of Powell Testimony
Video
Congress
BTC, ETH Trading Flat Ahead of Powell Testimony
Maple Finance Head of Capital Markets Quinn Thompson discusses his outlook for the crypto markets as BTC, ETH, and most other major cryptocurrencies continue to trade flat ahe...
BTC, ETH Trading Flat Ahead of Powell Testimony
By CoinDesk Inc
Mar 7, 2023 at 3:46 p.m. UTC
Mar 7, 2023
CongressFederal ReservecdtvJerome PowellETHStablecoinbtcFM Clipcrypto marketsMaple financeQuinn thompson
(slobo/Getty Images)
Markets
Markets
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to...
(slobo/Getty Images)
By Krisztian Sandor
Mar 6, 2023 at 11:47 p.m. UTC
Mar 6, 2023
MarketsStablecoinSilvergatecrypto bankingKaikoTradingInvestingTetherUSDTUS Dollar