Stablecoin

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

Source: en.wikipedia.org

PYMNTS DeFi Series: What Is an Algorithmic Stablecoin? DAI and the Fiat-Free Dollar Peg
PYMNTS DeFi Series: What Is an Algorithmic Stablecoin? DAI and the Fiat-Free Dollar Peg
March 23, 2022  |  Cryptocurrency

Welcome to PYMNTS’ series on decentralized finance, or DeFi. In these articles, we’ll be looking at every part of DeFi — the biggest, hottest, most...

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Today in Crypto: Stablecoin Cashio Loses $28M in Value After Glitch Attack; Figure Lets Homebuyers Use Crypto for Collateral for Loans
Today in Crypto: Stablecoin Cashio Loses $28M in Value After Glitch Attack; Figure Lets Homebuyers...
March 23, 2022  |  Cryptocurrency

Cashio, the Solana-based stablecoin protocol, has succumbed to an “infinite glitch” attack, according to developers, Coindesk wrote Wednesday (March 23). Cashio’s CASH stablecoin dropped in...

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Circle’s USDC Stablecoin Sees 18% Growth, Crests $50B in Circulation
Circle’s USDC Stablecoin Sees 18% Growth, Crests $50B in Circulation
February 28, 2022  |  Cryptocurrency

The Circle USDC stablecoin has passed $50 billion in total circulation, Coindesk reported Monday (Feb. 28). The coin is still the second biggest stablecoin by...

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Today in Crypto: Crypto Market Cap Drops 9% to $1.5T as Russia Attacks Ukraine
Today in Crypto: Crypto Market Cap Drops 9% to $1.5T as Russia Attacks Ukraine
February 25, 2022  |  Cryptocurrency

Russia’s invasion of Ukraine sent the market capitalization of major cryptocurrencies plummeting before they regained most of their lost value as the invasion passed the...

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Today in Crypto: Illinois, Georgia Lawmakers Eye Tax Breaks for Bitcoin Miners; Economic Impact of Crypto Wealth is Hard to Measure
Today in Crypto: Illinois, Georgia Lawmakers Eye Tax Breaks for Bitcoin Miners; Economic Impact of...
February 20, 2022  |  Cryptocurrency

Georgia and Illinois have been looking at tax incentives for cryptocurrency mining, CoinDesk reported Friday (Feb.18). A bill Thursday House reps in George proposed tax...

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STASIS to Issue Euro Stablecoin on XRP Ledger
STASIS to Issue Euro Stablecoin on XRP Ledger
February 16, 2022  |  Cryptocurrency

STASIS, which works in euro-backed stablecoin production, plans to issue the EURS stablecoin on the XRP ledger (XRPL), a press release said Wednesday (Feb. 16)....

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A Year Later, Fed Chair Again Promises Crypto, CBDC Report ‘Soon’
A Year Later, Fed Chair Again Promises Crypto, CBDC Report ‘Soon’
January 11, 2022  |  CBDC

Federal Reserve Chairman Jerome Powell said the long-awaited digital currency report will be out “in the coming weeks.”  Again.  It’s a promise that Powell has...

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Stablecoin Issuer Tether Freezes $1M in USDT
Stablecoin Issuer Tether Freezes $1M in USDT
January 04, 2022  |  Cryptocurrency

Top stablecoin issuer Tether froze more than $1 million worth of USDT in a private digital wallet last week, effectively making it unusable.  Ethereum block...

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The Stablecoin Problem
The Stablecoin Problem
December 14, 2021  |  Cryptocurrency

The below article is a guest post by Amias Gerety, partner at QED Investors. A wave of crypto-enforcement cases involving successful crypto companies in the...

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