stablecoins | ForkLog

ForkLog 17 05.10.2022

Fed Flags Risks of Stablecoins to Financial Stability

Stablecoins add 'new vulnerabilities' to the cryptocurrency market and financial stability more broadly. This is the conclusion of a study by the New York Fed.

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ForkLog 19 03.10.2022

US Treasury securities account for 58.1% of Tether reserves

The share of US Treasury bills in the collateral for the stablecoin USDT rose to 58.1% from 43.5% at the end of June. This was reported by the CTO of its issuer — Tether Holdings Limited — Paolo Ardoino.

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ForkLog 14 29.09.2022

Journalists reveal reinstatement of limits on stablecoin transfers in the MiCA bill

The French delegation in the Council of the EU lobbied to restore the cap on stablecoin transactions backed by assets other than the euro in the MiCA bill.

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ForkLog 22 29.09.2022

Block’s TBD and Circle unite to promote stablecoins

Block's Jack Dorsey unit, TBD, and Circle, the company behind USDC, have agreed to a partnership to promote the use of stablecoins in savings and cross-border settlements.

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ForkLog 22 23.09.2022

Tether Adds Polkadot Blockchain Support

The USDT issuer, Tether Operations Limited, has announced support for the Polkadot blockchain, making it the 14th network on which the stablecoin operates.

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ForkLog 24 22.09.2022

Controversial idea: Will the DAI stablecoin survive after decoupling from the dollar?

ForkLog examined the features of the founder's controversial idea, highlighted the main opposing camps within the project and weighed the potential risks associated with the depegging of one of the largest stablecoins.

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ForkLog 23 21.09.2022

Court orders Tether to disclose collateral backing the USDT stablecoin

A New York court ordered Tether Limited to disclose financial documents to assess the reserves backing the USDT stablecoin in a case concerning possible market manipulation.

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ForkLog 24 21.09.2022

Bloomberg reports two-year moratorium on algorithmic stablecoins in the United States

A bill to regulate 'stablecoins' being developed in the U.S. House would impose a two-year ban on new algorithmic stablecoins similar to TerraUSD (UST). Bloomberg reports.

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ForkLog 8 19.09.2022

WazirX to introduce automatic conversion of USDC to BUSD, following Binance

From September 26, the Indian cryptocurrency exchange WazirX will stop accepting deposits in stablecoins USDC, USDP and TUSD and will delist the related trading pairs.

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ForkLog 16 13.09.2022

Binance USD market capitalization tops $20 billion

The Binance USD stablecoin's overall market capitalization surpassed the $20 billion mark.

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ForkLog 18 12.09.2022

Tether launches USDT stablecoin on the NEAR network

The USDT issuer, Tether Operations Limited, has launched the stablecoin on the NEAR network.

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ForkLog 9 09.09.2022

UK confirms plans to turn London into a crypto hub

The government aims to make Britain a leading global hub for crypto technologies, Deputy Finance Minister for Economic Affairs Richard Fuller said, according to CryptoUK.

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