Stablecoins Archives - The Defiant

Investors Eye Decentralized Stablecoins as Consortium Bars 38 Addresses

Aave Community Votes for GHO Token with Two More Votes To Come

Stablecoin Yields Mirror Speculative and Deleveraging Cycles

U.K. Chancellor Introduces Bill To Govern Pegged Tokens

The GHO stablecoin would be minted by borrowing against assets locked as collateral on Aave. 

Tether Unveils Upcoming GBP-Pegged Stablecoin.

Circle, the issuer of USDC, will launch a new stablecoin pegged to the euro, the company announced Thursday. 

More Trouble is Brewing in Stablecoin Market

Legislation Would Define Key Role for CFTC in Crypto Oversight

Ethereum inventor Vitalik Buterin said that algorithmic stablecoins should be scrutinized according to how they fare under extreme market conditions, and whether they can safely wind down when hype falls away. Despite the recent collapse of UST and LUNA, which knocked UST from its $1 peg and wiped billions from the market, Buterin argued in …

Regulators around the world are turning their attention to stablecoins after UST’s collapse.

FTX now operates the first stock trading platform that allows users to fund their accounts with fiat-backed stablecoins like USDC.

The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra’s collapse.

“Legislation to regulate stablecoins, where used as a means of payment, will be part of the Financial Services and Markets Bill which was announced in the Queen’s Speech,” a spokesman for Her Majesty’s Treasury told The Telegraph.