USD

Shanghai, China (Li Yang / Unsplash)
China's Currency Woes to Weigh on Bitcoin: Crypto Observer
Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.
Shanghai, China (Li Yang / Unsplash)

Binance CEO Changpeng Zhao (Getty Images, modified by CoinDesk)
Binance.US Halts Direct Dollar Withdrawals
U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
Binance CEO Changpeng Zhao (Getty Images, modified by CoinDesk)

Terra's logo inside Nationals Ballpark (Danny Nelson)
Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue
TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.
Terra's logo inside Nationals Ballpark (Danny Nelson)

PayPal Enters the Crypto Conversation with New Stablecoin; Worldcoin Faces More Scrutiny
PayPal Enters the Crypto Conversation with New Stablecoin; Worldcoin Faces More Scrutiny
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the electronic payments giant PayPal ventures into digital assets with the announcement...
PayPal Enters the Crypto Conversation with New Stablecoin; Worldcoin Faces More Scrutiny

Circle CEO Jeremy Allaire (Keisuke Tada)
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
Circle CEO Jeremy Allaire (Keisuke Tada)

(Celyn Kang/Unsplash)
Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K
The big move is aimed at avoiding a March 2020-like global dash for cash that saw investors sell everything, including bitcoin, for the U.S. dollar.
(Celyn Kang/Unsplash)

Bitcoin Trading as a Speculative Asset Rather Than a Currency: Morgan Stanley
Bitcoin Trading as a Speculative Asset Rather Than a Currency: Morgan Stanley
"Bitcoin isn't isolated from the traditional banking system," as its price is supported by "USD bank liquidity making it trade as a speculative asset rather than a currency,"...
Bitcoin Trading as a Speculative Asset Rather Than a Currency: Morgan Stanley

Crypto.com Struggles to Maintain Fiat On-Ramps Amid Crypto Banking Crisis
Crypto.com Struggles to Maintain Fiat On-Ramps Amid Crypto Banking Crisis
The crypto industry is in the middle of a banking crisis with the collapse of crypto-friendly Silvergate Bank, and Crypto.com hasn’t been spared. The Singapore-headquartered e...
Crypto.com Struggles to Maintain Fiat On-Ramps Amid Crypto Banking Crisis

Money Reimagined Podcast Cover
Building the Boring Stuff: Making Payments Sexy
Constructing the fabric connecting multiple banking structures, blockchains, regulatory regimes and foreign exchange services, and digitizing it for cross-border payments.
Money Reimagined Podcast Cover

Binance CEO Changpeng Zhao (Casper Labs)
Crypto Exchange Binance to Suspend US Dollar Bank Transfers This Week
USD bank transfers comprise only a tiny bit of monthly active users, the exchange said.
Binance CEO Changpeng Zhao (Casper Labs)