A stablecoin is a crypto asset whose issuer represents that the stablecoin will maintain parity with a designated fiat currency or another referenced asset or group of assets. Most global stablecoins ...

Stablecoin design takes many different forms, each with its own tradeoffs: - Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...

A stablecoin is a cryptocurrency (crypto) that is tied to the value of an underlying asset, most often a fiat currency like the US dollar. Stablecoins are designed to limit volatility by ...

(Bloomberg) -- Yield-bearing stablecoins have long been on the wish list of many crypto market participants who use the tokens to facilitate billions of dollars in transactions daily. Now US ...

Plasma, a “purpose-built” blockchain for stablecoin payments, announced it has secured $24 million in funding. Plasma has raised $20 million in a Series A led by Framework Ventures ...

The MEXC cryptocurrency exchange has invested in synthetic dollar protocol Ethena in a broader push to promote stablecoin development and adoption. On Feb. 26, MEXC said it allocated $20 million ...

In a policy brief published last week, Arthur Wilmarth, a law professor at George Washington University, said the development of a large stablecoin industry primarily backed by sovereign debt ...

Digital asset marketplace Figure Markets has launched YLDS, the first yield-bearing stablecoin registered as a public security offering with the U.S. Securities and Exchange Commission (SEC), the ...

Ethena, developer of the synthetic stablecoin USDe, has raised $100 million to finance a similar token targeted at traditional financial (TradFi) institutions, Bloomberg reported on Monday.

Bill Hagerty (R-Tenn.) and Rep. Maxine Waters (D-Calif.) — unveiled stablecoin bills in their respective chambers of Congress. Each aims to provide a structured regulatory framework for the ...

But one closely-watched revenue line was down. Stablecoin revenue was about $226 million in the fourth quarter, down from roughly $247 million in the third. The drivers were two-fold: One ...