News list for "Stablecoin"
New industry data shows developers leaning on stablecoins and disciplined business models as blockchain studios adjust to cooling markets.
American crypto exchange Coinbase has scrapped plans to acquire stablecoin firm BVNK, according to a report Tuesday.
The Bank of England has proposed a £20,000 cap on individual stablecoin holdings and £10 million for businesses.
ZachXBT said on the X platform on October 31 that stablecoin "code fatigue" and poor user experience are causing liquidity to be dispersed, forcing users to undergo costly and complex operations to complete simple transactions
Japan’s banks plan a ¥1 trillion stablecoin, Singapore’s rules are maturing, and China tightens control as Asia’s strategies diverge.
Coinbase unveiled a business platform offering crypto payments, stablecoin yields, and accounting integrations for small and midsize firms.
Sarah Breeden, deputy governor of the Bank of England, said the BoE would lift the current proposed cap on the number of stablecoins held by individuals and businesses once they no longer posed a threat to the economy, noting that the rapid adoption of stablecoins could lead to a "massive outflow" of bank deposits.
Last week, Ethena Labs' stablecoins (USDe and USDtb) experienced wild swings. The trigger for the incident appears to be a combination of President Trump's announcement of additional tariffs on China and the liquidation of cryptoassets on Binance. Ten...
The Bank of England plans to exempt companies from proposed limits on stablecoin holdings, signalling a softening of its stance towards crypto assets in the face of US competition. The Bank of England intends to grant exemptions to companies such as cryptocurrency exchanges that need to hold large amounts of stablecoins, and also allow companies to settle in stablecoins in an experimental digital securities sandbox, according to people familiar with the matter, indicating that Governor Andrew Ba...
Wormhole co-founder Dan Reecer slammed stablecoin giants Tether and Circle in a recent interview, saying that the two companies are profiting from the current high interest rate environment while stablecoin holders are not seeing any return. Tether and Circle support their stablecoins by holding high-yielding U.S. Treasury bonds, but will not share the proceeds directly with users, as doing so could raise eyebrows with regulators.
