stablecoins | ForkLog

ForkLog 14 30.06.2023

Britain approves Financial Services and Markets Bill

The Financial Services and Markets Bill, touching on regulation of the UK's cryptocurrency sector, has received final approval.

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ForkLog 12 29.06.2023

Mastercard to pilot tokenized bank deposits

Mastercard will launch pilot tests of the Multi-Token Network (MTN). As part of the initiative, the company will conduct experiments with tokenized bank deposits.

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ForkLog 14 26.06.2023

MakerDAO trims reliance on USDC as collateral

The DeFi project MakerDAO has sharply reduced its share of USD Coin (USDC) in the total collateral for borrowing DAI.

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ForkLog 34 23.06.2023

Siemens processes euro payments with JPM Coin from JPMorgan

JPMorgan offered JPM Coin stablecoin for euro transactions. The first client was Siemens, the German industrial conglomerate.

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ForkLog 7 21.06.2023

Powell says stablecoins are money and urges regulation

The U.S. Federal Reserve should participate in regulating stablecoins. This was stated by the head of the agency, Jerome Powell.

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ForkLog 14 21.06.2023

Berenberg Names the SEC’s Next ‘Victims’

Stablecoins and the DeFi sector are likely to become the SEC's next targets in its crackdown on the crypto industry, according to a report by investment bank Berenberg.

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ForkLog 8 21.06.2023

Tether to launch USDT on the Kava blockchain

The issuer of the stablecoin {{AOPEN_1}}USDT{{ACLOSE_1}}—the company Tether—will add support for the Cosmos platform's first-layer Kava blockchain.

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ForkLog 12 20.06.2023

Curve Finance DAO to vote on WETH collateral for crvUSD

The Curve Finance DEX community was invited to back the addition of wrapped Ether (WETH) as collateral for borrowing the stablecoin crvUSD.

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ForkLog 8 16.06.2023

Report: Tether backed USDT reserves with Chinese bonds

Bonds issued by ICBC, China Construction Bank and Agricultural Bank of China served as collateral for Tether (USDT) in March 2021.

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ForkLog 14 16.06.2023

DAI overtakes BUSD in the stablecoins ranking

Binance USD (BUSD) market capitalization fell to $4.35 billion. In the stablecoins ranking, the asset ceded third place to DAI ($4.39 billion).

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ForkLog 68 15.06.2023

Arbitrageurs Take Advantage of USDT Depegging

The USDT stablecoin from Tether deviated from parity with the US dollar. The coin's weighted average price fell to 0.995 (CoinGecko).

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ForkLog 21 13.06.2023

CEO Circle to urge US Congress to pass stablecoin law

CEO Circle Jeremy Allaire: passage of the stablecoin law would support the dollar's competitiveness.

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