Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over...
Regulation is needed immediately for the $180 billion stablecoin market or “bad things will happen” to people’s investments, Senator Pat Toomey (R-Pennsylvania) said in an...
News that a number of investment firms are shorting the top stablecoin, Tether’s USDT, is a development that could have a serious impact on the...
Short sellers have been betting against the stablecoin Tether, which a Wall Street Journal report notes has a price that shouldn’t move. But firms such...
A bill introduced in both the House and Senate Thursday (March 31) seeks to set quality standards for the cash reserves backing many stablecoins while...
There are few segments of the cryptocurrency industry that get as much focus from policymakers as stablecoins. Ever since Meta panicked elected officials, central bankers...
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...
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...
The chairman of the Senate Banking Committee sent the issuers of a half-dozen stablecoins letters Wednesday (Nov. 24), demanding they explain how their tokens are...