stablecoin

CDCROP: Silvergate Bank HQ (Will Foxley/CoinDesk)
Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year
The news comes alongside a Q3 earnings miss that's sending the stock lower by more than 20% on Tuesday.
CDCROP: Silvergate Bank HQ (Will Foxley/CoinDesk)

CDCROP: Chair of the Health and Social Care Select Committee Jeremy Hunt (Chris J Ratcliffe/Getty Images)
UK Finance Minister Kwarteng Fired
He will be replaced by former Foreign Minister Jeremy Hunt, who was once responsible for digital policy in the country.
CDCROP: Chair of the Health and Social Care Select Committee Jeremy Hunt (Chris J Ratcliffe/Getty Images)

Director de Tecnología de Tether, Paolo Ardoino, en la Blockchain Week de París en abril. (Bitfinex)
Tether, el emisor de la stablecoin USDT, reduce a cero sus tenencias de papel comercial
La empresa ha ido sustituyendo gradualmente su tenencia de papel comercial por bonos del Tesoro de Estados Unidos.
Director de Tecnología de Tether, Paolo Ardoino, en la Blockchain Week de París en abril. (Bitfinex)

CDCROP: Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Bitfinex)
Stablecoin Issuer Tether Cuts Commercial Paper Holdings to Zero
The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills.
CDCROP: Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Bitfinex)

CDCROP: Rep. Patrick McHenry speaks at DC Fintech Week (Nikhilesh De/CoinDesk)
Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins
After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.
CDCROP: Rep. Patrick McHenry speaks at DC Fintech Week (Nikhilesh De/CoinDesk)

CDCROP: Balance Equilibrium (Shutterstock)
Crypto and Payments Firm MobileCoin Launches Stablecoin – ‘Electronic Dollars’
The company says eUSD will be “the first data-protecting stablecoin.”
CDCROP: Balance Equilibrium (Shutterstock)

CDCROP: The Governor of The Netherlands Bank Klaas Knot during the afternoon informal meeting of Eurogroup and ECOFIN in Centro Cultural de Belém (Horacio Villalobos#Corbis/Getty Images)
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report.
CDCROP: The Governor of The Netherlands Bank Klaas Knot during the afternoon informal meeting of Eurogroup and ECOFIN in Centro Cultural de Belém (Horacio Villalobos#Corbis/Getty Images)

Terra Washington Nationals
LFG Slow-Walks Plan to Repay Small-Time Terra Holders, Citing Legal Threats
The Luna Foundation Guard still has about $100 million in reserves that it has pledged as compensation.
Terra Washington Nationals

CDCROP: MakerDAO founder Rune Christensen (CoinDesk TV)
Stablecoin Issuer MakerDAO to Invest $500M in US Treasurys, Corporate Bonds
The move is a way for Maker to diversify its balance sheet and make the backing of its stablecoin more stable.
CDCROP: MakerDAO founder Rune Christensen (CoinDesk TV)

DO NOT USE: Tether's Chief Technology Officer Paolo Ardoino (Tether)
Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M
The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
DO NOT USE: Tether's Chief Technology Officer Paolo Ardoino (Tether)