You Searched For "usd coin" and got 18 results
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2 mins read
Coinbase removes promise from website that each US dollar coin is backed by an actual dollar
Assets backing up the USD Coin include commercial paper and corporate bonds, according to a July di…
Matthew Fox
USD Coin: Calming market anxiety
From crypto to Stablecoins like USDC - what makes it stable and how does it stack up against other …
1 min read
Binance adds to stablecoin mystery by resuming Tether deposits while keeping out USD Coin
Binance resumed deposits of Tether on Friday, a day after an unexplained pause, while USD Coin rema…
Brian Evans
1 min read
Visa will allow the use of a dollar-backed cryptocurrency to settle payment transactions on its network
USD Coin is a stablecoin, a type of cryptocurrency that is pegged to a stable asset, such as the US…
Shalini Nagarajan
1 min read
Bitcoin and ether climb after Visa says it will allow payment settlements using cryptocurrency
Bitcoin and ether both popped on Monday following reports that Visa would allow the use of a US dol…
Isabelle Lee
3 mins read
Tether was once the stablecoin king. Now its dominance is threatened by newcomers and legal uncertainty.
Even as tether's legal troubles ramp up, the stablecoin has in some ways already become less releva…
Ethan Wu
1 min read
Binance pauses customer deposits of stablecoins Tether and USD Coin without explanation
Crypto markets have entered a new period of volatility amid the collapse of FTX, the world's second…
Brian Evans
2 mins read
Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse
"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…
Carla Mozée
1 min read
Luna is worth less than 2 cents after a single-day crash of 99% as sister coin Terra loses dollar peg
Luna lost 99% of its value and was trading at less than 2 cents per coin Thursday. The slide comes …
Brian Evans
2 mins read
Stablecoin tether breaks its peg and drops to $0.95 as panic hits crypto markets after collapse of TerraUSD
Tether — which is supposed to be worth $1 — suffered its biggest drop in over a year as it dropped …
Harry Robertson
2 mins read
Terra Foundation adds $230 million bitcoin to its reserves to back its stablecoin
Terraform Labs co-founder, Do Kwon, announced a purchase of $230 million bitcoin on Twitter on Wedn…
Adam Morgan McCarthy
1 min read
The Terra blockchain will split and effectively ditch its native stablecoin in the wake of its collapse
Terra will split its original blockchain after its native stablecoin lost its peg to the dollar. Th…
Brian Evans
1 min read
SEC slaps stablecoin issuer Circle with a subpoena as the agency homes in on crypto
SEC has issued an "investigative subpoena," asking for information on Circle's "holdings, customer …
Ethan Wu
2 mins read
Ether beat bitcoin as the most donated cryptocurrency for the first time in 2021, data shows
The Giving Block, a crypto philanthropy platform, released its annual report, which covered trends …
Isabelle Lee
1 min read
SEC chief Gary Gensler says crypto exchanges are 'market making against their customers'
The SEC chief warned the lack of separations between services like custody, market-making, and prov…
Brian Evans
1 min read
Shiba Inu coin is vying with dogecoin to be the 10th biggest cryptocurrency
The meme-inspired coin surpassed dogecoin in market capitalization, based on one company's metrics.
Natasha Dailey
1 min read
'Stablecoins are not stable and have no role as money'
Last month, the shocking implosion of the TerraUSD and Luna cryptocurrencies threw many young inves…
1 min read
Citi Reveals The Most Likely Debt Ceiling Endgame, And Why It's Bad News For The US Dollar
So it is possible that we will get a technical default for a few days, but more likely that Congres…