Stablecoins

Why Bitcoin Topped $50K for First Time in 3 Months
Why Bitcoin Topped $50K for First Time in 3 Months
Bitcoin is again trading above the $50,000 price tag, hitting the key psychological mark for the first time in over three months. Rachel Lin, CEO of DeFi derivatives platform...
Why Bitcoin Topped $50K for First Time in 3 Months

Mastercard Partners With Paxos to Simplify Payments Card Offerings for Cryptocurrency Firms
Mastercard Partners With Paxos to Simplify Payments Card Offerings for Cryptocurrency Firms
Mastercard’s Raj Dhamodharan and Paxos’ Walter Hessert discuss their partnership enabling more banks and crypto companies to offer card programs, helping crypto holders spend...
Mastercard Partners With Paxos to Simplify Payments Card Offerings for Cryptocurrency Firms

Dollars
USDC to Be Backed 100% by Cash, US Treasurys
The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."
Dollars

Coinbase Global Debuts Initial Public Offering At Nasdaq MarketSite
Coinbase Says USDC Reserves to Be Held in Cash, Short-Term Treasurys From September
President and COO Emilie Choi in a Twitter post on Monday clarified earlier language on the crypto exchange's website.
Coinbase Global Debuts Initial Public Offering At Nasdaq MarketSite

8-21-21 - Fed Scared of Stablecoins
Why Is the Fed so Scared of Stablecoins?
Last month’s FOMC meeting minutes show crypto and stablecoins came up for the first time ever as an official topic at a key Federal Reserve meeting.
8-21-21 - Fed Scared of Stablecoins

Messari CEO Ryan Selkis on Bitcoin, Stablecoins and Crypto Regulation
Messari CEO Ryan Selkis on Bitcoin, Stablecoins and Crypto Regulation
Bitcoin is down about 1.3% over the past 24 hours. The next support is seen at the $42,000 breakout level, which could stabilize the pullback. Messari Founder and CEO Ryan Sel...
Messari CEO Ryan Selkis on Bitcoin, Stablecoins and Crypto Regulation

Federal Reserve Chair Jerome Powell
Crypto Made the Agenda at Last Month's Fed Meeting
This appears to be the first time the topic has come up in the seminal monthly FOMC meeting.
Federal Reserve Chair Jerome Powell

David Marcus, the head of Facebook's blockchain projects.
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
David Marcus, the head of Facebook's blockchain projects.

Jonathan Chng/Unsplash
The Race for Stablecoin Transparency
Stablecoins have been improving their reporting on reserves, but transparency makes an already difficult business model more complicated to execute, says our columnist.
Jonathan Chng/Unsplash

Crypto Trading Startup FalconX Achieves Unicorn Status With Latest Raise
Crypto Trading Startup FalconX Achieves Unicorn Status With Latest Raise
FalconX, an institutionally minded cryptocurrency trading desk, reached unicorn status with a $210 million Series C funding round that valued the firm at $3.75 billion.
Crypto Trading Startup FalconX Achieves Unicorn Status With Latest Raise