Market Update
Bitcoin price slips below $82,000 as investor anxiety shows up in US stock futures markets. Will BTC close the month above $80,000?
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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
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.
2207 - Opinion
Stablecoins power deobanks, a new generation of decentralized banks that offer accessible, efficient and transparent financial solutions, especially in high-risk areas.
1890 - News
Crypto industry professionals say US regulation must clarify banking and stablecoins before focusing on taxes, as Trump-backed reforms push crypto into the spotlight.
31419 - News
Sonic Labs scraps its algorithmic stablecoin and pivots to a dirham-based alternative, aligning with UAE’s digital currency rollout in late 2025.
5281 - News
The growing stablecoin supply suggests cryptocurrency adoption is at its mainstream “tipping point.”
6047 - News
US Senator Elizabeth Warren and four colleagues quizzed leadership at the OCC and Fed about the “unprecedented risks” of President Donald Trump overseeing the WLFI stablecoin.
2996 - News
Bitcoin is “more likely” to rally to $110,000 first, predicts Arthur Hayes, pointing to easing monetary policy in the US.
7117 - News
Galaxy Digital will pay $200 million to settle allegations of promoting collapsed crypto Terra without disclosure, as the NY AG claimed it spread false information.
21989 - News
CBUAE governor Khaled Mohamed Balama said in a Khaleej Times report that the digital dirham could help combat financial crime and improve financial stability.
5566 - News
Superchain, a network of layer-2 chains designed to scale Ethereum, accounts for more than half of Ethereum L2 transactions and is expected to reach 80% this year.
2016 - News
Stablecoins continue to see increased adoption and expanded use cases due to low costs, transferability, and near-instant settlement times.
1534 - Markets News
The cryptocurrency market is down today due to the escalating trade war led by Donald Trump's latest tariffs, massive long liquidations, and other factors.
6699 - News
Tether has invested $10.8 million in Italian media company Be Water, acquiring a 30.4% stake to expand digital content and support independent journalism, the firm said.
2939 - News
Tether CEO Paolo Ardoino says crypto has entered the stablecoin multiverse era, with rising competition and a bold goal of one billion users.
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