stablecoins

CDCROP: Founder and CEO of Binance Changpeng Zhao, commonly known as "CZ", attends the "CZ meets Italy" at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. (Antonio Masiello/Getty Images)
Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.
CDCROP: Founder and CEO of Binance Changpeng Zhao, commonly known as "CZ", attends the "CZ meets Italy" at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. (Antonio Masiello/Getty Images)

Fugitive BitMEX Founder Arthur Hayes Considering Surrender
Crypto Exchange BitMEX's Acting CEO: We Have Gone Through the ‘Valley of Death’
But Stephan Lutz says the trading platform is now reaping the benefits of the current crypto market.
Fugitive BitMEX Founder Arthur Hayes Considering Surrender

The Louvre Paris France
Circle Seeks to Register in France, Ramping Up European Play
The stablecoin issuer wants to expand European operations and prepare for new reserve requirements under the EU’s MiCA law.
The Louvre Paris France

Blockchain Africa Conference (Bitcoin Events Pty Ltd)
Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say
The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa.
Blockchain Africa Conference (Bitcoin Events Pty Ltd)

Falling blocks, toppling
Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport
Investors are shifting into the cryptocurrency from stablecoins and more volatile cryptocurrencies, a report from the firm said.
Falling blocks, toppling

(erhui1979 / Getty Images, modified by CoinDesk)
Apparently, U.S. Regulated Banks Are Riskier Than Stablecoins
Circle Internet Financial’s USDC temporarily depegged last weekend when billions were revealed to be locked up in Silicon Valley Bank.
(erhui1979 / Getty Images, modified by CoinDesk)

Trading volume on DEXs hits record high (Defi Llama)
Decentralized Exchanges Posted Record $25B Daily Volume as USDC Depegged
The majority of volume took place on Uniswap and Curve as traders hopped out of, and back into, the stablecoin.
Trading volume on DEXs hits record high (Defi Llama)

Yuan notes money Chinese currency China Renminbi bills (Moerschy/Pixabay)
KuCoin Has Closed a $10M Funding Round Into CNHC, but Is the Offshore Yuan Right for a Stablecoin?
Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.
Yuan notes money Chinese currency China Renminbi bills (Moerschy/Pixabay)

CDCROP: Vitalik Buterin (CoinDesk)
Vitalik Buterin-Named Wallet Sent 500 Ether to Mint RAI, Buy USDC Amid Depegging
USDC depegged over the weekend to 87 cents, and a Buterin-labelled wallet bought on the dip.
CDCROP: Vitalik Buterin (CoinDesk)

Stablecoin issuer Circle is launching a new token backed by the euro in the U.S. (Sandali Handagama/ CoinDesk)
USDC's 'Black Swan' Depegging Could Have Been Avoided With Proper Regulatory Framework
Fissures among the progressive left are primarily responsible for the lack of U.S. regulatory progress, says John Rizzo of the Clyde Group.
Stablecoin issuer Circle is launching a new token backed by the euro in the U.S. (Sandali Handagama/ CoinDesk)