Lens
Altcoins
The stablecoin market cap grew by US$23 billion in an otherwise lackluster market for crypto assets, according to a quarterly report by CoinGecko. See related article: Bitcoin follows blue chips south amid market turmoil Fast facts Stablecoins were among the biggest beneficiaries from investor “derisking” into stablecoins, CoinGecko said in its report, with USDT remaining […]
Danny Park
Bitcoin News
Bitcoin is now a reserve asset for Terra’s UST. What does this portend for the $186 billion stablecoins market?
Joe Caselin
Altcoins
Stablecoins are taking the world by storm and it’s the US dollar that outweighs any other fiat-backed cryptocurrency. What are the reasons for the greenback’s dominance?
Pascal Hügli
Regulation
USDT, the world's largest stablecoin, is now backed by much smaller cash reserves than before. XREX analyzes the risks.
Wayne Huang
Bitcoin News
The trading volume of the USDT-RUB pair spiked to a 10-month high and outpaced the ruble’s Bitcoin pair as international sanctions against Russia shake local financial stability. See related article: US asks crypto exchanges to comply with Russian sanctions: report Fast facts The daily trading volume of the BTC-RUB pair surged to over 3 billion […]
Timmy Shen
Regulation
Tether cut its commercial paper holdings by 21% last quarter according to the stablecoin operator’s latest quarterly assurance opinion released Monday. See related article: Tether unveils reserves and backing for its USDT stablecoin in new report Fast facts Auditor MHA Cayman completed an attestation, finding Tether’s reserves held for its digital assets exceed the amount […]
Lachlan Keller
Altcoins
Circle’s USDC, the world’s second-largest stablecoin, is gunning for the title of the world’s top stablecoin as it closes in on Tether’s market capitalization after doubling its valuation to US$9 billion in a revised merger deal. See related article: Stablecoin issuer Circle to go public in US$4.5B SPAC deal Fast facts USDC’s market cap has […]
Monika Ghosh
Regulation
As stablecoins face pressure to adopt traditional safeguards, the industry’s efforts to self-regulate should not be overlooked, writes Charlie Martin of Gro.
Charlie Martin
Altcoins
Top blockchain and crypto news: Can stablecoins bankroll democracy? Nike swooshes into the metaverse. Animoca and Bored Apes venture deeper into the gaming jungle.
Forkast.News
Regulation
The National Unity Government recognizes Tether as an official currency, defying the cryptocurrency ban imposed last year.
Monika Ghosh
