Stablecoin

Crass Kitty at mtnDAO (Danny Nelson)
Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution
Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround.
Crass Kitty at mtnDAO (Danny Nelson)

Ripple CEO Brad Garlinghouse at Korea Blockchain Week on Sept. 4. (Parikshit Mishra/CoinDesk)
Ripple USD Stablecoin Could Be Issued in 'Weeks, Not Months': Garlinghouse
The RLUSD will be fully backed by U.S. dollar assets, tested with enterprise partners, and will operate on the XRP Ledger and Ethereum blockchain.
Ripple CEO Brad Garlinghouse at Korea Blockchain Week on Sept. 4. (Parikshit Mishra/CoinDesk)

Credit: Shutterstock/Jacob Lund
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.
Credit: Shutterstock/Jacob Lund

SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will p...
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

A large PayPal logo is on display outside its corporate HQ (Shutterstock)
PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the...
A large PayPal logo is on display outside its corporate HQ (Shutterstock)

A Mercado Libre distribution centre. (Ministry of Economy, Government of Chile)
Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin
Customers of Mercado Libre digital bank subsidiary Mercado Pago will be able to buy and sell Meli Dollar with their Brazilian reais balances.
A Mercado Libre distribution centre. (Ministry of Economy, Government of Chile)

Bitcoin Price May Slide Lower on $1B Withdrawal of USDT: IntoTheBlock
Bitcoin Price May Slide Lower on $1B Withdrawal of USDT: IntoTheBlock
IntoTheBlock noted that more than $1 billion of Tether's USDT stablecoin was withdrawn from crypto exchanges on Tuesday, the most in a day since May. According to the analytic...
Bitcoin Price May Slide Lower on $1B Withdrawal of USDT: IntoTheBlock

Bitcoin Above $60K as Key Stablecoin Metric Slides to 18-Month Low
Bitcoin Above $60K as Key Stablecoin Metric Slides to 18-Month Low
Bitcoin recovered to above $60,000 after the debacle last week that saw prices drop below $50,000. According to data tracked by CryptoQuant, the "exchange stablecoins ratio,"...
Bitcoin Above $60K as Key Stablecoin Metric Slides to 18-Month Low

Trading screen. (sergeitokmakov/Pixabay)
Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
The dwindling metric points to declining selling pressure in the bitcoin market.
Trading screen. (sergeitokmakov/Pixabay)

Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing
Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bankrupt crypto lender Celsius asked a U.S. court to order stablecoin...
Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing