Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets
Profits are redistributed to the community by rewarding token holders with yields.
Stablecoin
Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth
Stablecoin supply is a “thermometer” for money flows entering the crypto market, one analyst noted.
Collapsed Real Estate-Backed Stablecoin Charts Path to Recovery
Tangible is looking to move past its failed stablecoin after learning the liquidity lesson the hard way.
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
Economic Secretary to the Treasury Bim Afolami has said the U.K. government was “pushing very hard” to bring legislation for stablecoins and staking services for crypto assets within six months.
Y Combinator, Startup Incubator Behind Airbnb, Coinbase, and Stripe, Looks To Invest in Stablecoin Finance
YC also said that the numbers behind stablecoin finance reflect “the opportunity seems much more immense still.”
Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public
Ethena’s USDe “synthetic dollar” is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.
U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan
USDT’s appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
Industry groups argue they see inconsistencies in regulatory plans by the Bank of England and the Financial Conduct Authority.
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
A kind of ‘money middleware for the digital age,’ the M^0 smart contract ruleset aims for institutional grade stablecoins that are decentralized and interoperable.
Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.