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You Searched For "Stablecoins" and got 20 results


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The US and the UK are reportedly looking into $20 billion of crypto payments that may have helped Moscow evade sanctions

Authorities are looking into $20 billion worth of transactions on a Russian crypto exchange, Bloomb…

Yuheng Zhan   


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PayPal's latest crypto play is a stablecoin pegged to the US dollar

The stablecoin, named PayPal USD (PYUSD), aims to "build the bridge between between Fiat and Web3 f…

Zahra Tayeb   


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A guy just signed a contract to rent an apartment using bitcoin, likely a world first

A landlord and tenant signed Argentina's first-ever bitcoin-based rental contract. It may also be t…

Joshua Zitser   


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2 mins read

De-dollarization is underway and Congress must pass stablecoin bill to boost greenback's competitiveness, Circle CEO says

"There are de-dollarization efforts that are underway in many parts of the world," Circle's Jeremy …

Filip De Mott   


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Bitcoin gets vote of confidence as a long-term store of value as Tether says it will buy more of the crypto to back its stablecoin

Tether said that starting this month it will regularly allocate up to 15% of its net realized opera…

Jason Ma   


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The biggest stablecoin player wants to be a major bitcoin miner - and it's investing $500 million to compete

The stablecoin operator is looking to become a major bitcoin miner, constructing new facilities and…

Phil Rosen   


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2 mins read

The SEC reportedly derailed stablecoin issuer Circle's plans to go public in a $9 billion SPAC deal

Despite the terminated deal, Circle said that it's "necessary, appropriate and reasonable for the S…

Morgan Chittum   


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Stablecoin issuer Circle terminates $9 billion SPAC deal as crypto winter rages on

"We are strong, growing, profitable and in the best financial position we've ever been in," Circle'…

Morgan Chittum   


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Binance admits its stablecoin sometimes lost the full backing it needed to keep its price fixed at $1

The crypto exchange hadn't always maintained the necessary dollar reserves to keep its BUSD-linked …

George Glover   


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Bitcoin just won't die

Bitcoin is outperforming both the S&P 500 and the "Magnificent 7" Big Tech stocks this year, with i…

George Glover   


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Crypto exchange Binance freezes withdrawals of stablecoin USDC as rattled investors pull $2 billion in funds

Binance is facing questions over its reserves and reports of an imminent probe by US prosecutors, r…

George Glover   


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3 mins read

SBF's conviction is the final nail in the coffin for crypto bros hoping to get rich quick

Sam Bankman-Fried was found guilty of all seven charges. Crypto's future lies in regulation, spelli…

Pete Syme   


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A crypto crash for big stablecoins is likely to send shudders through other financial markets too, a Cornell professor warns

Stablecoin issuers use holdings of US Treasurys to back the crypto tokens, and that means a collaps…

George Glover   


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Tether's stablecoin loses its dollar peg again after lending platform Celsius freezes all withdrawals

Tether's collapse could potentially be crypto's "Lehman Brothers moment", GlobalBlock analyst Marcu…

George Glover   


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Binance to cease support for 3 top stablecoins from Sep 29

Leading crypto exchange Binance has announced to discontinue support for three stablecoins - USDC, …

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2 mins read

MoneyGram wants to use stablecoin USDC to 'build a bridge to crypto' for money transfers — even after the Terra meltdown

Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes tol…

Zahra Tayeb   


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Tether stablecoin loses its dollar peg as contagion from FTX's collapse spreads through the crypto market

Despite reassurances from founders of the stablecoin, Tether has continued to push back its timelin…

Matthew Fox   


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3 mins read

Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies

Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…

Business Insider   


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TerraUSD stablecoin tumbles and luna token plunges 97% as rescue attempts fail to avert 'death spiral'

The crash in supposed stablecoin TerraUSD has caused dismay in cryptocurrency markets, and comes du…

Harry Robertson   


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3 mins read

A controversial stablecoin is 'breaking the buck.' Here's what that means, and why it's such a big deal.

The TerraUSD algorithmic stablecoin dropped to as low as $0.67 in a sell-off that was sparked over …

Carla Mozée