US FDIC Said to Be Studying Deposit Insurance for Stablecoins
“The FDIC has strict rules as to which institutions may call themselves FDIC-insured or use the FDIC logo for advertising,” he said. “Just as how the FDIC’s logo on a… Read more »
Tag: Stablecoins
Bridged Stablecoins on Solana Get a Boost With Mercurial Finance Pools
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by… Read more »
What Did The SEC’s G. Gensler Say To The WaPo About Stablecoins And Evergrande?
The Chairman of the Securities Exchange Commission, Gary Gensler, showed his cards. He spoke with legacy-media-operation The Washington Post and host David Ignatius for their series “The Path Forward” and… Read more »
Analyst Puts New Bitcoin ATH For October As Stablecoins Start Pumping Into BTC
Bitcoin analyst says new ATH in October is likely as on-chain data shows stablecoins may have started to pump into BTC. Stablecoins Reserve Starts Moving Down, Bitcoin To Reach New… Read more »
What Is Terra? The Blockchain for Stablecoins Explained
Key Takeaways Terra is a Layer 1 blockchain and a payments-focused financial ecosystem powered by scalable algorithmic stablecoins. Its native token, LUNA, is the world’s 11th largest cryptocurrency, with a… Read more »
Gary Gensler Talks Coinbase, Stablecoins With Senate
Key Takeaways Gary Gensler of the SEC attended a Senate hearing on cryptocurrency and exchange regulation today. Senator Elizabeth Warren asked Gensler about the difficulty of withdrawing crypto during exchange… Read more »
Stablecoins, DeFi “Will Challenge” Traditional Banks: BIS
Key Takeaways Benoit Coeuré, the head of the BIS’ innovation hub, has called on central banks to act quickly in response to the rise of cryptocurrencies. Coeuré warned that “stablecoins… Read more »
Forex and commodities in crypto? Stablecoins explained
What are stablecoins? Stablecoins are a new class of cryptocurrencies that attempts to offer price stability and is backed by a reserve asset. Stablecoins have gained traction as they attempt… Read more »
Bitcoin Whales Looking To Buy The Dip As $222 Million Worth Of Stablecoins Flow Into Exchanges
On-chain data shows huge inflows of $222 million worth of stablecoins on exchanges, suggesting Bitcoin whales might be looking to buy the dip. Centralized Exchanges Observe $222 Million Worth Of… Read more »
Why Stablecoins Are Suddenly in the News – CoinDesk
Stablecoins have existed for roughly seven years but talk about them has never been as heated as in recent weeks, not only within the crypto community but among regulators and… Read more »