Stablecoins

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The Crypto Firms Collaborating on a Swiss Franc Stablecoin
“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers.
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Rune Christensen, MakerDAO Founder
'No Other Option but More Collateral': The Short- (and Long-) Term Fixes for Dai’s Broken Peg
Stablecoin demand in yield farming is breaking dai's peg. Solutions revolve around USDC and Maker's version of QE, but will these measures last?
Rune Christensen, MakerDAO Founder

EU
European Ministers Call on EU Commission to Regulate Stablecoins
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins.
EU

jerome powell, federal reserve, fed
What the Fed's New Inflation Policy Means for Stablecoins
Stablecoins, which have been on a pandemic tear, have the potential to soak up deposits currently held by banks, where they offer little or no interest.
jerome powell, federal reserve, fed

CSW 1420-916
DeFi Is a 'Complete Scam,' Says Controversial Entrepreneur Craig Wright
nChain Chief Scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."
CSW 1420-916

MOSHED-2020-8-26-14-57-51
Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future
Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.
MOSHED-2020-8-26-14-57-51

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High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network
Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum.
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FM AUG 12 - CHART 2 - DIAGRAM
First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.
FM AUG 12 - CHART 2 - DIAGRAM

Blockstream CEO Adam Back
Unpacking the Avit, Avanti Bank's New Digital Asset Being Built With Blockstream
Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law.
Blockstream CEO Adam Back

tightrope 2
First Mover: After Falling 65% This Year in Bitcoin Terms, Do 'Stablecoins' Need a Rebranding?
So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?
tightrope 2