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 ...
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 ...
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 ...
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 ...
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 ...
(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 ...
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.
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 ...
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 ...
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 ...