Tag: Stablecoins

Over $3.5 Billion Stablecoins redeemed

The market cap of top USD-pegged stablecoins has fallen significantly over the past two weeks following FTX’s implosion, according to available data. Crypto investors are massively...

Why Binance Halted Transactions With Solana Stablecoins

Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the...

A U.S. CBDC is Unnecessary, Stablecoins Offer Real Utility

Speaking at a security symposium at Harvard University, Fed Governor Christopher A. Waller maintains that the U.S. dollar can survive without a Central...

Stablecoins Plagued by Security Issues and Trust Concerns

The National Institute of Standards and Technology (NIST), an agency under the United States Department of Commerce, has conducted a study exploring the...