CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

stablecoins

CDCROP: Gold bars stacked close up (Unsplash)

Markets

Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

This a type of stablecoin pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.

By Krisztian Sandor

Apr 4, 2023 at 9:06 p.m. UTC

Apr 4, 2023

MarketsStablecoinsPaxosTetherGoldTokenized AssetsBitcoin

Finance

Tether

Tether Gained Access to U.S. Financial System Using Signature Bank: Bloomberg

Tether CTO Paolo Ardoino, in response to the article, denied the company has exposure to Signature Bank.

By Helene Braun

Apr 4, 2023 at 8:11 p.m. UTC

Apr 4, 2023

TetherStablecoinsUSDTSignature Bank

CDCROP: Circle CEO Jeremy Allaire is part of the consortium behind USDC (Danny Nelson/CoinDesk)

Consensus Magazine

Opinion

USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins

A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins such as tokenized bank deposits and CBDCs may be needed to prevent contagion.

By Cristiano Ventricelli

Apr 2, 2023 at 2:16 p.m. UTC

Apr 2, 2023

OpinionMoody'sDeFiStablecoinsbanksCBDCsUSDCTradFi

CDCROP: Close Up Image Of A Stock Market Graph (Getty Images)

Markets

Trueusd

TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost

The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair.

By Krisztian Sandor

Mar 31, 2023 at 9:44 p.m. UTC

Mar 31, 2023

TrueUSDTUSDStablecoinsBinanceTradingInvestingMarkets

DeFi -Decentralized Finance on dark blue abstract polygonal background. Concept of blockchain, decentralized financial system (Getty Images)

Markets

Usdc

Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin

USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.

By Krisztian Sandor

Mar 30, 2023 at 11:13 p.m. UTC

Mar 30, 2023

USDCCircleUSDTTetherCurve FinanceDAIStablecoinsMarketsDeFi

Policy

Crypto

What the Bank of England’s Stablecoins Regime Could Look Like

The Bank of England's upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis.

By Camomile Shumba

Mar 29, 2023 at 9:21 a.m. UTC

Mar 29, 2023

CryptoUKStablecoinsregulations

U.S. Federal Reserve Board in Washington

Consensus Magazine

Opinion

Macro Is Back to Moving the Digital Asset Markets

Extra-crypto factors retake center stage as digital assets thrive amid a banking crisis, policy response, and credibility loss for the Fed and Treasury.

By Jeff Dorman

Mar 27, 2023 at 9:01 p.m. UTC

Mar 27, 2023

OpinionCryptoRegulationbankingInvestingStablecoins