Stablecoin News and Information Today

Lobby efforts for dollar stablecoins in EU

Aug 23, 2022

The EU is currently ironing out the final wrinkles in MiCA, the regulation of European crypto markets. Crypto advocates are concerned that in it there is little room for dollar stablecoins. They have sounded the alarm.

Aave DAO votes in favor of GHO – A new stablecoin is born

Aug 01, 2022

Last week the CurveDAO signaled that a new stablecoin is in the making. At that point, it was clear that Aave would also develop its own stablecoin since an initial proposal was already passed. Now the results are in on the second proposal and we have a little bit more details on GHO and most certainly more details than on Curve’s stablecoin project which seems to be also in an early stage. What is GHO, how is it different from other stablecoins and can we trust this technology?

What is Fintech? A Quick Definition and Overview of Crypto Fintechs

Jul 01, 2022

The term Fintech is a portmanteau of terms “finance” and technology”. It means that new and advanced technologies are applied to advance products and services of the financial industry. In this article, we are going to explain what Fintech is, how it works, and which companies in der crypto industry are prime examples of Fintechs.

Full defense: Tether fights FUD amidst Hedge Funds trying to harm USDT

Jun 28, 2022

Tether has attracted Wall Street sharks that are betting big time on the downfall of the biggest stablecoin issuer worldwide. In the light of the most recent events involving Terra, Celsius, and Three Arrows Capital this seems to be bad news. A report from the Wall Street Journal revealed that Tethers CTO who addressed the matter just yesterday is right, there are institutional investors betting. On the other hand, the report also shows that those bets are not necessarily successful. Who is FUDing Tether and can those short positions endanger the market and put more stress on the current situation?

USDC more transaction volume than USDT

Jun 23, 2022

Is USDT's years of dominance as the leading stablecoin coming to an end? A new indicator points in that direction. For the first time, the transaction volume of main competitor USDC is higher.

Very British: Tether is launching GBPT in July

Jun 22, 2022

The UK Treasury has declared this year that Britain is going to become the biggest crypto hub in the world located next to the EU. While regulators and lawmakers are constantly working on a framework that is providing the needed security for both consumers as well as for businesses, Tether, the world’s largest issuer of stablecoins announced the release of another product. What is GBPT, why is it important and why is Tether releasing more new stablecoins all of a sudden?

A Euro stablecoin - Circle is launching EUROC in June

Jun 17, 2022

Stablecoins have suffered a lot since TerraUSD crashed. But that is not necessarily justified since not all stablecoin solutions that are available on the market are based on algorithms. In fact, the most dominant stables available are backed either by cash or by dollar-denominated assets. It was yesterday when Circle announced the start of a brand new stablecoin that may play an important role, especially in Europe. What is EUROC and why is this stablecoin so interesting if you are living in the EU?

Tether (USDT) launches on the Tezos blockchain

Jun 13, 2022

Tezos has been flying under the radar for quite some time. Despite the fact that the media became silent about this particular blockchain technology, there is a lot of development going on that is pointing toward a bright future for Tezos and its native cryptocurrency XTZ. NFT marketplaces and a whole DeFi ecosystem have emerged throughout the year 2021. Let’s recap all the positive development that has happened and take a look at why USDT is an important addition to the Tezos ecosystem.

Vitalik does not give up hope for algorithmic stablecoins

May 30, 2022

The crash of stablecoin US Terra has not discouraged Vitalik Buterin, the founder of Ethereum: he does not rule out that algorithmic stablecoins can work. According to him, a key feature of such a stablecoin should be that it remains stable even in the face of falling popularity.

USDC more popular after UST crash

May 18, 2022

After the fall of UST on May 9, a shock wave went through the world of stablecoins. This led to a shift in the market value of the largest stablecoins. USDC gained market share, while USDT had to give up a similar percentage. What's at play here?

United Kingdom wants to regulate stablecoins

May 16, 2022

According to a spokesperson for the UK Treasury, a new law will include a regulatory framework on stablecoins. It's yet another sign that the UK wants to embrace crypto instead of pushing it away.

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