Category: Stablecoins

Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions

Tron USDT volume eclipses Ethereum for the third consecutive week.

January 20, 2021
Is $1 billion a day in volume the ‘new normal’ for Uniswap?

Uniswap could be averaging $1 billion in daily trade volume soon with the majority of trades occurring between Ethereum and stablecoins.

January 19, 2021
MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.

January 15, 2021
Anchorage Obtains Federal License to Operate as Crypto Bank

The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter, which allows it to create Anchorage Digital…

January 14, 2021
UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation

The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.

January 12, 2021
UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach

Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. Special Focus on Stablecoins Regulation According to the official announcement, the consultation mainly targets stablecoins to…

January 11, 2021
Tether Mints Record 2B USDT in One Week

The previous record of 1.5 billion USDT was set the week before last.

January 11, 2021
Crypto Long & Short: Traditional and Crypto Markets are Starting to Converge

The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.

January 10, 2021
Bitcoin Goes Institutional, Ethereum Spreads Its Wings: CoinDesk Q4 2020 Review

The latest research report looks at data and timelines and what they mean for asset prices.

January 7, 2021
Here’s why stablecoins like USDC going ‘legal’ is bullish for DeFi

A landmark announcement for USDC. Unending social euphoria. Observers calling it bullish for DeFi. But what’s the whole deal really about The day the US government supported crypto Monday saw one of the biggest ever announcements to be made by the US regulators with regards to cryptocurrencies: That of the country’s banks and financial providers…

January 6, 2021