Stablecoin

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just af...
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action

(Shutterstock)
PayPal Puts Stablecoin Project on Hold: Bloomberg
On Thursday it was reported that PayPal crypto partner Paxos was being probed by the NYDFS
(Shutterstock)

Cantor Fitzgerald is reportedly managing $39 billion for Tether. (Andreas Wagner/Unsplash)
Stablecoin Issuer Tether's Reserves Partly Managed by Cantor Fitzgerald: WSJ
The Wall Street bond trading powerhouse is managing Tether's $39 billion bond portfolio, according to the report.
Cantor Fitzgerald is reportedly managing $39 billion for Tether. (Andreas Wagner/Unsplash)

Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The New York Department of Financial Services (NYDFS) is investigating stablecoin issuer Paxos, CoinDesk has learned. The full scope of the investigation is unclear. CoinDesk...
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator

Tether Reports $700M Profit For Q4 2022 In Latest Attestation Report
Tether Reports $700M Profit For Q4 2022 In Latest Attestation Report
Tether, issuer of the world's largest stablecoin, reported a $700 million profit in the fourth quarter of 2022 and said it completely moved away from holding commercial paper...
Tether Reports $700M Profit For Q4 2022 In Latest Attestation Report

(Tom/Pixabay)
DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin.
(Tom/Pixabay)

Aave is the Finnish word for ghost. (MidJourney/CoinDesk)
Aave Deploys Native Stablecoin GHO on Ethereum Testnet
GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.
Aave is the Finnish word for ghost. (MidJourney/CoinDesk)

The BIS's London Innovation Hub is experimenting on a stablecoin monitoring system. (Yuichiro Chino/Getty Images)
Central Banks Are Working on a Monitoring System for Stablecoin Balance Sheets
The Bank for International Settlements is spearheading a project that will look into tech tools that could help regulators form policy frameworks for stablecoins based on data...
The BIS's London Innovation Hub is experimenting on a stablecoin monitoring system. (Yuichiro Chino/Getty Images)

(Emily Parker/CoinDesk)
86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ
Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer.
(Emily Parker/CoinDesk)

Stablecoins seek balance (eswaran arulkumar/Unsplash)
Cardano-Based Djed Stablecoin Has Attracted 27M ADA Tokens as Reserve Backing
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.
Stablecoins seek balance (eswaran arulkumar/Unsplash)