BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin
BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.
Circle’s USDC in Brazil and Mexico Now Available to Businesses Via Banking System
Previously, the stablecoin could only be purchased through crypto exchanges.
Tether-Issued Stablecoin USDT’s Market Share Grows to 75% as Market Cap Tops $118B
The largest stablecoin's market cap has almost doubled in two years, while key rivals declined and new entrants have yet to pose a challenge.
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
Ripple USD Stablecoin Could be Issued in ‘Weeks, Not Months’: Garlinghouse
The RLUSD will be fully backed by U.S. dollar assets, tested with enterprise partners, and will operate on the XRP Ledger and Ethereum blockchain.
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.
Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group
Tether plans to seek licensing for the stablecoin under the U.A.E. central bank's Payment Token Services Regulation
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said.
Stablecoin Supply Growth Isn’t Eating Into Crypto Market Share: JPMorgan
The share of stablecoins versus total cryptocurrency market capitalization is relatively unchanged this year, the report said.
Tether’s USDT and Circle’s USDC Combined Supply Grew $3B Amid Crypto Market Rebound
Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.