stablecoins Archives

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19 November, 2023

Alex Agut talks unlocking new gaming economies on BSV blockchain with HandCash

HandCash has shifted its focus to gaming, with CEO Alex Agut saying the team is utilizing the BSV blockchain to...

Stablecoins are not safe—cash them out now: BIS

Gavin Lucas

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15 November, 2023

Stablecoins are not safe—cash them out now: BIS

The November 8 BIS report detailed that from January 2019 to September 2023, fiat-backed stablecoins only maintained their peg 94%...

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15 November, 2023

Kraken’s growing role as a fiat off-ramp for Tron-based Tether whales

Kraken has become a key fiat off-ramp for Tether's USDT, raising questions about why anyone would send cash to Tether...

Large-cap stablecoins have depegged 600 times in 2023: Moody’s

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11 November, 2023

Large-cap stablecoins have depegged 600 times in 2023: Moody’s

Large-cap stablecoins depegged 707 times in 2022, Moody’s revealed as it unveiled an AI tool that can predict probable depeggings...

PayPal hit with SEC subpoena over new PYUSD stablecoin

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6 November, 2023

PayPal hit with SEC subpoena over new PYUSD stablecoin

On November 1, PayPal issued its Q3 earnings report, and in a separate filing, the company revealed that it received...

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2 November, 2023

More tricks than treats in Tether’s Q3 attestation; Circle shuts USDC consumer accounts

Tether released its Q3 reserves attestation on Halloween and emphasized in its report was the fiscal reality that Tether ‘asserted’...

Editorial

Jerry Chan

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30 October, 2023

Bitcoin ETFs—downside risk ahead!

Many in the so-called "crypto" industry herald the coming of spot ETFs as the 'opening of the BTC floodgates' to...

Tether’s transparently phony transparency v. Justin Sun’s stable self-hacking

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25 October, 2023

Tether’s transparently phony transparency v. Justin Sun’s stable self-hacking

Years dragged on and a change in leadership took place, but Tether still couldn't provide the transparency in its reserves,...

Tokenized money, CBDC could be the future of money: Australia’s central bank

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20 October, 2023

Tokenized money, CBDC could be the future of money: Australia’s central bank

The deputy governor of the Reserve Bank of Australia dismissed “speculative cryptocurrencies” and risky stablecoins but said tokenized deposits could...