Stablecoins

Covering stablecoins and their role in the cryptocurrency ecosystem, their consensus methods, and economic models.

Uphold to end support for USDT, DAI, FRAX and other stablecoins ahead of MiCA

Uphold will discontinue support for several stablecoins, including Tether and Dai, by July 1, 2024, in response to the upcoming MiCA regulation, advising customers to convert their holdings by June 27, 2024, to avoid automatic conversion to USDC.

Business Jun. 18, 2024
Binance converts $1B emergency fund to USDC

Binance has converted $1 billion of its emergency user safety fund to Circle's stablecoin, although the exchange did not explain why.

Business Apr. 18, 2024
Stablecoins are ‘fundamental’ for the US economy: Cantor Fitzgerald CEO

Stablecoins' integration into the US economy could drive demand for US Treasuries and accelerate the tokenization of financial assets.

Business Apr. 10, 2024
PayPal’s PYUSD stablecoin can now be used for cross-border transfers and payments

PayPal has integrated its PYUSD stablecoin with Xoom Finance, opening cross-border transfers for a wider audience.

News Apr. 4, 2024
Tether Ditches Commercial Paper Reserves for T-Bills

Tether dropped its remaining commercial paper holdings in order to back USDT with "the most secure reserves in the market."

News Oct. 13, 2022
Stablecoins: Everything You Need to Know

Brush up on your stablecoin knowledge with the definitive guide to the top fiat-pegged crypto assets in use today.

Education Oct. 10, 2022
Stablecoin Reserves Must Be “Publicly Transparent”: Jerome Powell

Federal Reserve Chair Jerome Powell has spoken of the need to ensure dollar-pegged stablecoins are redeemable for real dollars.

People Sep. 27, 2022
Wombat Exchange Dominates Stableswap Market With $217M TVL in 24 Hours

Wombat’s vision is to fuel DeFi growth and with greater capital efficiency, increased accessibility, and scalability in a multichain world.

Press Release Sep. 6, 2022