Tag: Stablecoins

Stablecoins on Bitcoin? Lightning Labs CEO Suggests Soon

In a significant move that could redefine financial transactions on Bitcoin (BTC), Lightning Labs is preparing to introduce stablecoins and other tokenized assets. Elizabeth...

How Russia Uses Stablecoins to Sidestep Sanctions, Fund War

The US Treasury is raising alarms over Russia’s alleged use of the stablecoin Tether (USDT) to bypass international sanctions and sustain its military...

This is Why Stablecoin’s Supply Surge to $150 Billion is Huge

The crypto market has sustained remarkable growth since the beginning of the year, with the stablecoin sector showcasing significant expansion. According to DeFiLlama, the...

Ethereum LSTs, LRTs, And Stablecoins: Decoding The Effects Of ‘Magic Money’ On Bitcoin And Crypto

A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down. His...

NZ Central Bank Weighs in on Bitcoin and Stablecoins’ Viability

New Zealand Central Bank Governor Adrian Orr has raised a critical voice about the viability of cryptocurrencies, particularly stablecoins and Bitcoin, as a...

Stablecoins Gaining Momentum Across the World as Tether Leads

Tether seems to be emerging as king in the stablecoin race, largely influenced by geography and regulations. As the United States puts further...

Stablecoins Poised To Tackle Issues Unresolved By BTC And ETH

Stablecoins, the digital assets designed to minimize price volatility, are poised for a significant metamorphosis in the near future, driven by the evolving demands...

Stablecoins Suffer 35% Market Cap Plunge

Stablecoins have endured an 18-month-long decline, with their market cap shrinking by 35% since May 2022, as reported by DefiLlama. During this period,...

Stablecoins Could Compete For T-Bills Potentially Lowering Rates

Stablecoins, or dollar-pegged assets, are now being recognized and included by major financial institutions. Moreover, they are competing for short-term assets such as...

Stablecoins Pose a Threat to Payment Firms Like PayPal and Visa

Payment giants such as Visa and PayPal could see their business models threatened by the increase in the adoption of stablecoins such as...

Stablecoins Could Prevent Further De-Dollarization if Regulated

A former acting Comptroller of the Currency has spoken out about the need for stablecoins in America while urging Congress to regulate them...

Stablecoins Are Here to Stay, Says Leading Asset Manager

Stablecoins have become an increasingly ubiquitous part of the crypto ecosystem in recent years. But with their rise comes unprecedented scrutiny. In an...

New Zealand Prioritizing Strict Monitoring of Crypto & Stablecoins

The Reserve Bank of New Zealand (RBNZ) made its stance clear on the regulatory approach towards crypto and stablecoins. The RBNZ acknowledged the...

Crypto, DeFi, Stablecoins Fail to Live Up to Promises

Crypto, DeFi, and stablecoins, in particular, promised to shake up the global financial system for the better. But they have failed to fulfill...

“We See Stablecoins as a Form of Money”: Fed Chair Powell

Federal Reserve Chair Jerome Powell has explicitly acknowledged that stablecoins are a form of money. He made the bold admission in the course...

Tether Market Cap Climbs Higher, Other Major Stablecoins Shrink

The Tether stablecoin has hit a new market cap milestone, surpassing its previous capitalization high of $83.2 billion from last year. The numbers indicate...