— Crypto, Justin Sun
Justin Sun’s stablecoins are melting
With no recent capital injections or incentives for short-sellers, solving problems with USDD and USDJ doesn't seem to be a priority for Sun.
Results for Crypto, Stablecoin
33 stories, newest first
FedNow is coming next year and the feds hope it’s a crypto killer
When the Federal Reserve launches FedNow in July, it will supplant most blockchains with cheap, reliable, instant, irreversible settlements.
— European Central Bank, Regulation
ECB calls for stablecoin regulations to protect wider economy
According to the ECB, as the popularity of stablecoins continues to grow, they pose a greater risk to other non-crypto areas of the economy.
Hedge funds are the real winners of the crypto market crash
Hedge funds using automated "quantitative" strategies are outperforming, converting the crypto market crash into big profits.
Disgraced UK minister Matt Hancock rebrands as crypto bro
After resigning his job as Health Secretary for breaking lockdown rules, Hancock is using crypto to reinvent his political image.
Do Kwon says money isn’t his thing amid claims he pocketed $3B in crypto
The UST co-founder was accused of siphoning off $2.7 billion in 33 monthly withdrawals of $80 million each.
— Stablecoin, Tether
Turns out this tiny Bahamas bank is holding some of Tether’s reserves
Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.
Paolo Ardoino clashes with hedge funder over shady Tether disclosure
Tether CTO Paolo Ardoino says existing regulations mean the company does not need to release full disclosure of its assets.
Terra implosion could shape UK stablecoin regulations
In April the UK chancellor announced plans to recognize stablecoins. Terra's recent collapse will give regulators food for thought.
Meta’s former stablecoin exec launches LightSpark, adopting Bitcoin
After years of attempting to launch a stablecoin for Meta (formerly Facebook), David Marcus has adopted Bitcoin and its Lightning Network.