DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source
“We've been working for four weeks actively trying to pursue a M&A route,” protocol’s strategy lead says.
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Mar 10, 2023 at 4:56 p.m. UTC
Mar 10, 2023
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Arthur Hayes Proposes Bitcoin-Backed Stablecoin Called NakaDollar
The currency would rely on exchanges to maintain a peg to $1, the BitMEX co-founder said.
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Mar 9, 2023 at 11:36 a.m. UTC
Mar 9, 2023
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Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase
The decentralized autonomous organization behind the DAI token previously purchased $500 million worth of government notes and bonds.
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Mar 7, 2023 at 5:15 p.m. UTC
Mar 7, 2023
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Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
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Mar 6, 2023 at 11:47 p.m. UTC
Mar 6, 2023
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Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
USDT’s market share among stablecoins surpassed 54% on Monday, its highest level since November 2021.
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Mar 6, 2023 at 8:41 p.m. UTC
Mar 6, 2023
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Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
The firm's sole director is hoping to roll out a DeFi platform to begin paying back creditors.
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Mar 6, 2023 at 12:29 p.m. UTC
Mar 6, 2023
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Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.
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Mar 3, 2023 at 7:27 p.m. UTC
Mar 3, 2023
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Three Japanese Banks Start Stablecoin Experiment
The institutions involved are Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank.
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Mar 2, 2023 at 9:53 a.m. UTC
Mar 2, 2023
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Binance Can’t Keep Its Story Straight on Misplaced $1.8B USDC
The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.
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Mar 1, 2023 at 5:22 p.m. UTC
Mar 1, 2023
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Stablecoin Lender Liquity's Token Rises 35% on Binance Listing
LQTY hit a 10-month high of $1.82 as trading volume surged by 382%.
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Feb 28, 2023 at 11:07 a.m. UTC
Feb 28, 2023