stablecoins | ForkLog

ForkLog 15 09.06.2023

US House Committee Unveils Updated Stablecoins Bill

The US House Financial Services Committee published the third version of the stablecoins regulation bill.

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ForkLog 11 08.06.2023

Curve Finance enables crvUSD issuance backed by wstETH

The decentralized exchange Curve Finance added support for Lido's wrapped version of stETH as collateral for the issuance and borrowing of the stablecoin crvUSD.

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ForkLog 10 07.06.2023

Reserve Bank of Australia signals a more prominent role for stablecoins in the economy

Stablecoins have the potential to occupy a more prominent role in the financial system. This is stated in the Reserve Bank of Australia (RBA) bill regulating crypto exchanges, custodial services and the issuance of "stablecoins".

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ForkLog 14 03.06.2023

USDT market capitalisation hits an all-time high

USDT's total market capitalization reached a new high of $83.4 billion. The previous peak was recorded in May 2022.

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ForkLog 21 01.06.2023

Circle launches USDC on Arbitrum network

Circle, a member of the Centre consortium, planned to launch the USDC stablecoin on the Layer-2 Arbitrum network on June 8.

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ForkLog 13 01.06.2023

Hong Kong custodian to launch dollar-pegged stablecoin

The Hong Kong-based custodian and trust company First Digital announced plans to launch First Digital USD (FDUSD) — a dollar-pegged stablecoin.

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ForkLog 11 29.05.2023

Rising economic uncertainty strengthens Tether at USDC’s expense

USDC's share over the past year declined from 34.9% to 23.1%, while Tether's share rose from 47% to 65.9%. CoinGecko reports these figures.

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ForkLog 18 28.05.2023

Block Analitica proposes raising the DAI savings rate for MakerDAO

Block Analitica proposed to the MakerDAO community to raise the yield on DAI locked in the platform's smart contracts to 3.33% per year.

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ForkLog 20 25.05.2023

Circle launches euro-pegged stablecoin Euro Coin on Avalanche

Circle launched the euro-pegged stablecoin Euro Coin (EUROC) on the Avalanche network.

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ForkLog 19 25.05.2023

Not Just USDT: Tether Explores New Lines of Business

High profitability enables the issuer of the stablecoin Tether to pursue new lines of business, The Block reported, Paolo Ardoino, the company's CTO.

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ForkLog 36 18.05.2023

Ripple launches platform for issuing CBDCs and stablecoins

The fintech startup Ripple announced the launch of Ripple{{AOPEN_1}} CBDC{{ACLOSE_1}} Platform — a comprehensive solution for central banks, governments and financial institutions for issuing a national digital currency and "stablecoins".

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ForkLog 11 18.05.2023

USDC issuer channels $8.7 billion into repos as a hedge against a US default

Circle, the issuer of USD Coin (USDC), transferred $8.7 billion into the stablecoin's collateral from T-Bills maturing after May 31 into an overnight repo.

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