Stablecoin

(Kaiko)
Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
(Kaiko)

Bitcoin Drops Below $27K Amid Debt Ceiling Talks, Regulatory Actions
Bitcoin Drops Below $27K Amid Debt Ceiling Talks, Regulatory Actions
Bitcoin (BTC) is slipping back below $27,000, as investors continued to weigh the ongoing debt ceiling talks in Washington, D.C. and the latest regulatory moves. Bitwise Asset...
Bitcoin Drops Below $27K Amid Debt Ceiling Talks, Regulatory Actions

JP Morgan office (Matthew Foulds/Unsplash)
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.
JP Morgan office (Matthew Foulds/Unsplash)

MakerDAO Founder Explains How AI and Crypto Intersect
MakerDAO Founder Explains How AI and Crypto Intersect
MakerDAO founder, Rune Christensen recently laid out plans to introduce a new stablecoin and governance token as part of the platform’s on-going revamp. Christensen joins "Fir...
MakerDAO Founder Explains How AI and Crypto Intersect

Circle CEO Jeremy Allaire (CoinDesk)
USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default
Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.
Circle CEO Jeremy Allaire (CoinDesk)

Tether Says It Will Buy Bitcoin for Stablecoin Reserves With Realized Profits
Tether Says It Will Buy Bitcoin for Stablecoin Reserves With Realized Profits
Stablecoin issuer Tether will regularly buy bitcoin (BTC) for its stablecoin reserves using about 15% of its realized profits starting this month as part of a new investment s...
Tether Says It Will Buy Bitcoin for Stablecoin Reserves With Realized Profits

Tether (Nikhilesh De/CoinDesk)
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
Tether (Nikhilesh De/CoinDesk)

(Getty Images)
Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules
The U.K. opened its plans for regulating the crypto sector for public comment back in February.
(Getty Images)

(eswaran arulkumar/Unsplash)
DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet
The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.
(eswaran arulkumar/Unsplash)

The Federal Reserve Building, Washington, D.C. (AgnosticPreachersKid/Wikimedia)
Can CBDCs, Tokenized Deposits, Stablecoins and DeFi Coexist?
Central banks may continue to dictate monetary policies but private regulated entities, such as banks and protocols, may play an increasingly large role in distributing money...
The Federal Reserve Building, Washington, D.C. (AgnosticPreachersKid/Wikimedia)