Tether's logo (Nikhilesh De/CoinDesk)
Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.
Tether's logo (Nikhilesh De/CoinDesk)

Circle CEO Jeremy Allaire (Keisuke Tada)
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
Circle CEO Jeremy Allaire (Keisuke Tada)

Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
Analysts from Berenberg say that the U.S. Securities and Exchange Commission (SEC) could bring DeFi protocols and stablecoins, including tether and USD Coin, into regulatory c...
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg

USDC/USDT Hourly Chart (Kraken)
USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal
USDC/USDT dropped as low as 94 cents on Kraken, its lowest level since April 2021.
USDC/USDT Hourly Chart (Kraken)

Crypto exchange Coinbase to hold up to $1.6 billion of USDC for MakerDAO. (Unsplash)
MakerDAO Community Approves Proposal to Place USDC in Coinbase's Custody Platform
Up to $1.6 billion in USD coin will be held with Coinbase Prime, where it will earn a 1.5% reward.
Crypto exchange Coinbase to hold up to $1.6 billion of USDC for MakerDAO. (Unsplash)

Circle: USDC Backed 61% by Cash and Cash Equivalents
Circle: USDC Backed 61% by Cash and Cash Equivalents
In its latest attestation report, global payments company Circle revealed Tuesday about 61% of its stablecoin USDC is backed by “cash and cash equivalents,” meaning cash and m...
Circle: USDC Backed 61% by Cash and Cash Equivalents

Bitcoin 24-hour price chart, CoinDesk 20.
Market Wrap: Bitcoin Rises After Volatile Week
Analysts see the possibility of further selling pressure despite short-term relief.
Bitcoin 24-hour price chart, CoinDesk 20.

Circle CEO Jeremy Allaire on Taking His Company Public
Circle CEO Jeremy Allaire on Taking His Company Public
Jeremy Allaire of Circle, an issuer of stablecoin USDC, says he vows to make his company “the most public and transparent operator of full-reserve stablecoins in the market.”...
Circle CEO Jeremy Allaire on Taking His Company Public

What Coinbase's Rate on USDC Reveals About Crypto Credit Risk
What Coinbase’s Rate on USDC Reveals About Crypto Credit Risk
Coinbase’s below-market interest rate on deposits of the stablecoin USD coin (USDC) reveals customers might prefer lower risk, lower reward. “What is the best way to store dol...
What Coinbase's Rate on USDC Reveals About Crypto Credit Risk

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “T...
USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal