Stable coins issuers, like the banks they aspire to disrupt, have about 70-90% of client deposits invested in a portfolio of fixed income instruments such as government treasuries, repurchase ...

“Pretty sure our team cracked algo stable coins today, but previous cycle gave me so much PTSD not sure if we should implement.” In May 2022, the $40 billion Terra ecosystem ...

There are plenty of alternatives for good reason. These mega-stable coins (often with lucrative yield rates) may look especially attractive when the broader crypto market is experiencing wild ...

Pepe (PEPE), once hailed as the next big meme coin, also lost 17% of its value in just 24 hours. These losses are not isolated. As recession odds jumped past 70%, traditional and digital markets ...

However, Stable Sea says that the complexity, opaqueness and cost of converting stablecoins to local fiat currency still remains a challenge for companies and a necessity for end users.

A statement from the U.S. Security and Exchange Commission’s Division of Corporation Finance (Corp Fin) articulates what constitutes a “covered stable coin” that, in Corp Fin’s view ...

The Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act is expected to be passed in the U.S. in the coming months, and that could trigger an almost 10-fold jump in ...

manage and redeem a “Tinian Stable Token.” The four-member Tinian delegation to the Marianas legislature passed the bill in a unanimous vote on March 12. In vetoing the bill, Palacios didn ...

WLFI warned that $USD1 is not yet tradable and crypto users should beware of scammers Binance's CZ also made a similar alert notice, saying many scammers have since ...

"Certainty is exactly what stablecoin issuers are selling. Circle will have a hard time selling that in a market that's anything but stable," Crone said. Continued volatility and economic instability ...

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