stablecoins

Tether is reportedly expecting another $700 million in Q1 profits, which would double down on its Q4 gains

Voting members were presented with two options: keep USDC as the primary reserve backing its DAI stablecoin, or diversify

Wyoming Governor Mark Gordon has officially allowed a potential state commission to issue its own stablecoin

The alternative to private stablecoins — proposed to be built on public blockchain — more likely to gain broad acceptance, the Swiss Bankers Association argues

The allocation of reserves toward short-dated Treasuries has boded well for stablecoin issuers, analyst says

USDT’s dominance is likely the result of headwinds faced by its rivals, USDC and BUSD, in recent weeks, analysts say

With its recent stablecoin pilot, NAB joins a growing list of major financial institutions to use the Ethereum blockchain

Leading stablecoins, including USDC, haven’t quite returned to their dollar peg. But at least they’re recovering

Finally some good news about USDC and the stablecoin’s future

SEC chief Gary Gensler says everything except bitcoin could be a security, even ether, but the head of the CFTC doesn’t agree

After facing regulatory scrutiny in the US, Binance’s BUSD could be heading the way of the dodo, according to on-chain data and analysts

US government debt is considered as highly liquid assets leaving little doubt about Paxos’ ability to meet an influx of redemptions on BUSD, analysts say

Stablecoin dominance is one of the only crypto charts to steadily fall over the past 60 days, per Blockworks Research

98% of community members have voted in favor of becoming a fully collateralized stablecoin

Stablecoin steward Circle appears to have weathered the worst of the crypto bear market, posturing for another run at going public

Trading of EUROC on Coinbase will begin at 9 am PT on Feb. 22, pending liquidity conditions

Binance branded stablecoin BUSD has given up its seventh spot on crypto market cap leaderboards, as the SEC’s threat to Paxos looms

A draft proposal to integrate Centrifuge infrastructure with GHO is in the works

The Curve community will vote to enable stablecoin pools which will use oracle price feeds

Paxos deposit addresses saw a huge uptick in deposits, meaning there’s more redemptions/burns to come, a Nansen researcher said

Regulators’ latest actions could mark an expanded interpretation of which stablecoins qualify as securities, one lawyer said — but much is still unknown

Binance chief says they will continue BUSD support but, “foresee users migrating to other stablecoins over time.”

As the SEC looks set to clamp down on dollar-pegged tokens, the oldest stablecoin, Tether, is looking as dominant as ever

Binance USD issuer Paxos has reportedly been hit with a Wells notice, meaning the SEC intends to sue unless it can be convinced otherwise

JPMorgan reckons tokenizing fiat deposits for use across major blockchains might be more acceptable than traditional stablecoins