Stablecoin

Tyler and Cameron Winklevoss (L-R) (Joe Raedle/Getty Images)
MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting
MakerDAO voters so far prefer keeping the $500 million Gemini USD stablecoin ceiling in Maker’s DAI stablecoin reserve over decreasing its role or phasing it out.
Tyler and Cameron Winklevoss (L-R) (Joe Raedle/Getty Images)

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Bank of America Says CBDCs Are the Future of Money and Payments
Central bank digital currencies have the potential to revolutionize global financial systems, a report from the bank said.
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(Antonio Masiello/Getty Images, modified by CoinDesk)
How Big a Deal Was Binance’s Previous $1B BUSD Collateral Gap?
The company admitted to some process challenges in the past, but says things are fixed now.
(Antonio Masiello/Getty Images, modified by CoinDesk)

FTX founder Sam Bankman-Fried at his bail hearing. (David Dee Delgado/Getty Images)
After FTX, Crypto Companies No Longer Have ‘Benefit of the Doubt’ on Capitol Hill, Says Congressman
When it comes to regulation, the U.S. needs to “get its act together,” Rep. Jim Himes told CoinDesk TV.
FTX founder Sam Bankman-Fried at his bail hearing. (David Dee Delgado/Getty Images)

Markets Daily Podcast Cover
Crypto Update | Bitcoin Nudges Up, Altcoins Surge, While DCG and Crypto Exchange Gemini Escalate Dispute
With bitcoin above $17.4K and the "Grayscale discount" narrowing thanks to growing speculation about Digital Currency Group's finances, CoinDesk’s “Markets Daily” is back with...
Markets Daily Podcast Cover

Binance founder and CEO Changpeng Zhao (Antonio Masiello/Getty Images)
A Binance Stablecoin Wasn't Always Fully Backed: Bloomberg
The company acknowledged to Bloomberg that the process of maintaining the peg "has not always been flawless," but said the problem has now been fixed.
Binance founder and CEO Changpeng Zhao (Antonio Masiello/Getty Images)

Recent speculations about the health of Binance, the world's largest crypto exchange, hit its stablecoin's market share too. (Danny Nelson/CoinDesk)
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
The largest crypto exchange’s binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market sha...
Recent speculations about the health of Binance, the world's largest crypto exchange, hit its stablecoin's market share too. (Danny Nelson/CoinDesk)

(Piret Ilver/Unsplash, modified by CoinDesk)
How Tether Can Be a More Stable Stablecoin
Tether, the world's biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?
(Piret Ilver/Unsplash, modified by CoinDesk)

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Japan Plans to Allow Local Listing of 'Foreign' Stablecoins Such as USDT and USDC: Nikkei
The Financial Services Agency is seeking feedback on new stablecoin regulations set to take effect in 2023.
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Sen. Pat Toomey (Anna Moneymaker/Getty Images)
One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement
Sen. Pat Toomey introduced a bill in the final days of the congressional session that he said he hopes will act as a guide for stablecoin legislation next year.
Sen. Pat Toomey (Anna Moneymaker/Getty Images)