Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Stablecoin News
One of the hindrances to mainstream cryptocurrency adoption is price volatility, as these assets are freely traded in the open market without central administrators tasked with maintaining price stability. The anticipation of potential losses and gains has hindered cryptocurrency’s use as a medium of exchange. Stablecoins, however, are cryptocurrencies designed to maintain a stable value over time, making them ideal for commercial transactions.
The introduction of stablecoins in the cryptocurrency market ushered in a new wave of liquidity, as exchanges were able to provide trading pairs with tokens representing traditional fiat currencies.
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 consortium. E.g., Tether (USDT), USD Coin (USDC) and Paxos Standard (PAX).
- Collateralized stablecoins: Tokens backed by other cryptocurrencies that retain a one-to-one value with a fiat currency through over-collateralization to absorb potential volatility of the underlying assets. E.g., Dai and BitUSD.
- Algorithmic (seigniorage supply) stablecoins: Rather than using a reserve or collateralization to maintain a stable value, these stablecoins are facilitated through an automated expansion and contraction of the monetary supply, emulating the role of central banks in the fiat economy. E.g., Basis.
- News4430
- Opinion
Second-generation stablecoins separate yield from principal, enabling holders to earn returns while keeping liquidity and turning static dollars into productive assets.
599 - News
France’s securities regulator is considering attempting to ban European license “passporting” over concerns related to MiCA regulation enforcement gaps in other EU countries.
1779 - News
UK crypto and payments groups urged the Bank of England to drop plans to cap individual stablecoin holdings, claiming the move would be costly and hard to enforce.
3110 - News
Atkins signaled a departure from the enforcement-first approach of the SEC during Gensler’s leadership, including preliminary notices prior to enforcement actions.
1770 - How to
Yield-bearing stablecoins promise steady income onchain, but regulation, taxes and risks make them more complex than cash. Here’s what you need to know in 2025.
2210 - News
Native Markets claimed the US dollar-pegged stablecoin ticker following a heated bidding war closely watched by the crypto community.
4435 - News
Yala’s Bitcoin-collateralized YU stablecoin dropped as low as $0.2046 after an attempted protocol attack, failing to restore its $1 peg.
14326 - News
US dollar-pegged Stablecoins have become commoditized, diminishing the need for individual price tickers from the viewpoint of crypto users.
9260 - News
Hyperliquid’s first stablecoin vote has drawn bids from Paxos, Frax, Sky, Agora and newcomer Native Markets, with billions in trading volume and stablecoin flows on the line.
3415 - Newsletter
Institutions take the wheel in 2025: HSBC and BNP join Canton, billion-dollar crypto treasuries emerge, Gemini eyes IPO and tokenized gold enters IRAs.
7506 - News
A coalition of UK trade groups has urged the government to include blockchain and digital assets in its planned “Tech Bridge” collaboration with the US.
7323 - Breaking news
The former White House crypto adviser, who joined Tether in August, will become CEO of its planned US-regulated, dollar-backed stablecoin project.
3214 - News
The stablecoin market cap topped $300 billion on CoinMarketCap, but discrepancies across platforms like CoinGecko and DefiLlama highlight challenges in tracking crypto assets.
11061 - Spotlight
A behind-the-scenes look at how Kyrgyzstan is building a gold-backed stablecoin with government support and blockchain transparency.
14687