Polygon Executive Predicts Emergence of 100,000 Stablecoins by 2029
The global rise of stablecoins will compel traditional banks to fight to retain capital and rethink their business models, according to a Polygon executive.
Polygon Executive Predicts Emergence of 100,000 Stablecoins by 2029
The global rise of stablecoins will compel traditional banks to fight to retain capital and rethink their business models, according to a Polygon executive.
In Argentina, Turkey and beyond, crypto doubles as an inflation hedge
Amid surging prices, crypto is becoming both a store of value and a means of payment in emerging markets.
Bolivia to Integrate Stablecoins into Financial System
Bolivia will integrate cryptocurrencies and stablecoins into its financial system for modernization, announced Economy Minister José Gabriel Espinoza.
BIS Warns of Global Financial Risks from RWA
Tokenized money market funds and their integration with DeFi pose threats to the entire financial system, according to BIS.
S&P cuts Tether’s stability score to the lowest tier
S&P Global Ratings cut Tether’s stability score to its lowest tier, citing rising risky assets and thin buffers.
USDe Stablecoin’s Market Cap Halved Due to Yield Decline
The market value of the synthetic "stablecoin" USDe from the Ethena project plummeted by 50% in a month—from $14.8 billion in October to the current $7.2 billion.
ECB Finds Limited Risks from Stablecoins
Risks associated with stablecoins to financial stability are limited in the eurozone due to low adoption and preventive regulation, according to ECB experts.
Stablecoin Reserves on Binance Surge by $9 Billion
The $9 billion influx of stablecoins to Binance over 30 days nears historical peaks that previously preceded significant market movements.
Polychain- and Galaxy-backed YU stablecoin loses its dollar peg
On November 17, Yala’s YU stablecoin lost its dollar peg, according to community reports.
Cardano Holder Loses $6 Million in 30 Seconds
A dormant Cardano wallet suddenly exchanged 14.4 million ADA for the Anzens (USDA) "stablecoin" through an illiquid pool.We use cookies to improve the quality of our service.
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