Stablecoins
December 21, 2021

Terra's Stablecoin UST Overtakes DAI in Market Cap: CoinGecko Data
Terra's stablecoin has overtaken MakerDAO's in terms of market cap, according to CoinGecko data.
December 16, 2021

Warren Calls for Clampdown on DeFi and Stablecoins ‘Before It is Too Late’
Sen. Elizabeth Warren wants DeFi regulated to prevent systemic damage to financial system.
November 23, 2021

Doomsday Scenarios in DeFi Revolve Around Stablecoins USDC and USDT
Doomsday scenarios in DeFi revolve around the strength of stablecoins such as USDC and USDT.
November 19, 2021

Supply of Terra Stablecoin UST Doubles to $6.49B After Governance Move
The supply of Terra's stablecoin UST has surged but not because of rising demand.
November 11, 2021

How Zero-Knowledge Proofs Became Ethereum's Magic Bullets
Zero knowledge proofs are powerful cryptographic instruments that accelerate innovation on Ethereum, writes Alex Shipp.
October 07, 2021

Abracadabra’s Stablecoin Races Past $1B and Sparks Talk of Overtaking MakerDAO
New collateralized stablecoin, Magic Internet Money (MIM) is challenging MakerDAO, the grandaddy protocol of DeFi. MIM, issued by lending protocol Abracadabra, broke $1B in supply on Oct. 5, placing it seventh overall in terms of stablecoin market cap, according to CoinGecko. That’s $5.39B behind Maker’s DAI stablecoin supply. So while MIM still has a ways…
September 10, 2021

A Deep Dive on the Lessons and Surprises of the Recent Crash
On-Chain Markets Update by Juan Pellicer, IntoTheBlock DeFi protocols, apps and their stablecoins are a key area of the whole crypto markets. Even though the average daily trading values of DeFi are 80 times lower than in centralized exchanges, their smart contracts enable open financial services that impact the whole market by providing key functionalities…
September 03, 2021

Wall Street Swoons for Altcoins and the Drums Beat for Crypto ETFs: A DeFi Summer Roundup
Welcome to GDF’s FI Corner. We had a little break for the summer, but are back with a round up of the top stories from the establishment’s adoption of crypto. The US Senate bill may have dominated the news over August – and rightly so. The bill saw the global crypto industry put aside differences…
August 24, 2021

Circle Dials Back Risk in USDC Reserves Ahead of Going Public
Corporate debt is no longer good enough for Circle, the blockchain powerhouse. That’s the upshot of a move Circle announced on Sunday as it unveiled a rebalancing of the reserves that support USDC, it’s widely used stablecoin. Circle, a peer-to-peer payment platform powered by blockchain technology, will now solely use cash and short-duration U.S. Treasury…
June 30, 2021

Federal Reserve Bigwig Defends Stablecoins as Alternative to Digital Dollars
There’s nothing to be afraid of with stablecoins. That’s the main message Randal Quarles, the vice chair for supervision at the Federal Reserve and a member of its board, delivered on June 28, surprising a DeFi community that’s become inured to getting dissed by the financial establishment. Quarles believes private-sector stablecoins are a worthy alternative to…