stablecoins | ForkLog

ForkLog 11 14.10.2022

Tether Limited wipes out commercial-paper exposure in USDT reserves

The issuer of the USDT stablecoin — Tether Limited — has completely abandoned commercial paper in its reserves, replacing them with US Treasury bills.

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ForkLog 11 11.10.2022

G20 regulator flags instability in stablecoins

No stablecoins currently meet the standards set for digital assets by the central banks of the world's largest economies. This conclusion was reached by the Financial Stability Board (FSB) under the G20.

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ForkLog 11 06.10.2022

MakerDAO to invest $500 million in U.S. securities

The MakerDAO community approved a proposal to invest $500 million in short-term U.S. Treasuries and corporate bonds.

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ForkLog 8 06.10.2022

Brian Armstrong flags potential for inflation-linked stablecoins

“Stablecoins” that adjust their nominal value in line with the consumer price index could gain popularity. This was stated by Coinbase CEO Brian Armstrong, BeInCrypto reports.

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ForkLog 8 05.10.2022

Fed Flags Risks of Stablecoins to Financial Stability

Stablecoins add 'new vulnerabilities' to the cryptocurrency market and financial stability more broadly. This is the conclusion of a study by the New York Fed.

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ForkLog 10 03.10.2022

US Treasury securities account for 58.1% of Tether reserves

The share of US Treasury bills in the collateral for the stablecoin USDT rose to 58.1% from 43.5% at the end of June. This was reported by the CTO of its issuer — Tether Holdings Limited — Paolo Ardoino.

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ForkLog 7 29.09.2022

Journalists reveal reinstatement of limits on stablecoin transfers in the MiCA bill

The French delegation in the Council of the EU lobbied to restore the cap on stablecoin transactions backed by assets other than the euro in the MiCA bill.

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ForkLog 13 29.09.2022

Block’s TBD and Circle unite to promote stablecoins

Block's Jack Dorsey unit, TBD, and Circle, the company behind USDC, have agreed to a partnership to promote the use of stablecoins in savings and cross-border settlements.

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ForkLog 11 23.09.2022

Tether Adds Polkadot Blockchain Support

The USDT issuer, Tether Operations Limited, has announced support for the Polkadot blockchain, making it the 14th network on which the stablecoin operates.

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ForkLog 14 22.09.2022

Controversial idea: Will the DAI stablecoin survive after decoupling from the dollar?

ForkLog examined the features of the founder's controversial idea, highlighted the main opposing camps within the project and weighed the potential risks associated with the depegging of one of the largest stablecoins.

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ForkLog 14 21.09.2022

Court orders Tether to disclose collateral backing the USDT stablecoin

A New York court ordered Tether Limited to disclose financial documents to assess the reserves backing the USDT stablecoin in a case concerning possible market manipulation.

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ForkLog 17 21.09.2022

Bloomberg reports two-year moratorium on algorithmic stablecoins in the United States

A bill to regulate 'stablecoins' being developed in the U.S. House would impose a two-year ban on new algorithmic stablecoins similar to TerraUSD (UST). Bloomberg reports.

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