News
Arca's chief investment officer, Jeff Dorman, previously said the investment company would stop doing business with Circle.
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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.
- News
The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case.
2594 - News
Europe plans to regulate decentralized finance in 2026, as lawmakers still struggle to define decentralization under MiCA, an EU crypto policy expert said.
4001 - News
Uber CEO Dara Khosrowshahi says the ride-sharing giant is looking at whether stablecoins can help it cut costs when moving money around the world.
4906 - News
Maple’s expansion to Solana is powered by Chainlink’s CCIP, which allows data transfer between EVM and SVM ecosystems.
4554 - News
World Liberty Financial reportedly sent a letter after the company behind Donald Trump’s memecoin and Magic Eden announced plans to launch an “official $TRUMP wallet.”
4495 - News
Circle’s public trading launch follows multiple IPO upsizings in response to massive demand from investors.
1990 - News
Crypto policy developments may result in a Bitcoin cycle top of over $150,000, according to the head of US at Foresight Ventures.
8719 - News
Stablecoins may anchor Ethereum’s real-world adoption, but an analyst warns that the network must solve cross-layer fragmentation to stay ahead in the next phase of DeFi.
3878 - News
The Foundation backing the Ethereum blockchain has laid out a new treasury policy to ensure it allocates resources efficiently while supporting its DeFi ecosystem.
4423 - News
USDC issuer Circle has upsized its initial public offering again, selling 34 million shares at $31 each.
6195 - Use Case
Kyrgyzstan’s decision to enact clear crypto regulations in a region often marked by uncertainty is rapidly turning it into a potential safe harbor for decentralized finance.
20526 - Opinion
While other countries move toward integrating crypto into their financial systems, Canada is lagging, costing the country capital, talent and competitiveness. Canada’s direction on digital asset innovation remains uncertain.
4269 - Analysis
President Lee Jae-myung rose from being a child laborer in post-war South Korea to becoming a crypto-friendly leader of one of the world’s largest digital asset markets.
3101 - News
Ripple’s RLUSD stablecoin will support the Dubai Land Department’s blockchain initiative to tokenize real estate title deeds on the XRP Ledger.
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