The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding …
Stablecoins
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Trading Analysis
Mastercard expands on-chain settlement in bet on stablecoins and always-on finance
by adminby adminMastercard is expanding its settlement network to support regulated stablecoins, a move that could help bring blockchain-based payments deeper into …
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DeFi Developments
StablR Stablecoins Exploited, EURR and USDR Depeg After Minting Key Compromise
by adminby adminEstimates of losses range from $2.8 million to $10 million. StablR, a European stablecoin issuer backed by Tether, suffered an …
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Japan’s Financial Services Agency has finalized rules allowing foreign-issued trust-type stablecoins into its payment system, with the changes published on …
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DeFi Developments
Stablecoins can help businesses turn costs into revenue, but not everyone needs to issue a token:
by adminby adminStablecoins, the $300 billion class of digital dollars, may have started as a faster way to move money across the …
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Ripple CEO Brad Garlinghouse said stablecoins will be the crypto sector’s “ChatGPT moment” for businesses in search of faster, more …
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The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their …
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CZ said Binance holding 87% of USD1 reflects user demand, arguing the exchange dominates most major stablecoins. Binance users hold …
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Trading Analysis
Vitalik Buterin Slams ‘Fake’ DeFi, Backs ETH-Based Algo Stablecoins
by adminby adminButerin criticized modern DeFi as centralized in disguise, arguing USDC yield farming misses core principles. Ethereum co-founder Vitalik Buterin has …
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Binance’s Bold Move: Transforming the SAFU Fund into a Bitcoin Powerhouse Binance, the world’s largest cryptocurrency exchange by trading volume, …