The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance.
Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.
Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies…
The world's largest cryptocurrency exchange by volume is establishing a new outpost in China's capital city.
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933.
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.