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Stablecoins

The latest stablecoin news, tether news, dai news, binance USD news, USD Coin news. Stablecoin reports, reviews and more. Cryptocurrencies that are pegged to a fiat currency.

Charles Hoskinson riding a virtual wave.
Cardano (ADA)
Cardano’s Djed Stablecoin Launch “on Track” for January

The issuer behind the Djed stablecoin has assured there will be no delays.
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Lion in front of a Canadian symbol maple leaf.
Stablecoins
Crypto.com Delists Tether (USDT) in Canada to Comply With Ontario Regulator

Leading crypto exchange Crypto.com will delist USDT for its Canadian customers over a restriction imposed by the OSC.
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Justin Sun on a boat in the sky, riding on a pink cloud, propped up by deflating pink balloons with dollar signs, as a castle in the sky burns behind him.
Stablecoins
Exclusive: Is Justin Sun’s Tron the Next FTX? USDD Back Doors Raise Concerns

A DailyCoin exclusive investigation into Tron and USDD uncovers misreported reserves, insolvency concerns, smart contract vulnerabilities, and more.
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Larry Fink sitting in front of a broken Circle USDC stablecoin.
Stablecoins
Circle’s USDC Reserve Fund Hits $43.4 Billion, BlackRock Now Manages 30% of the Fund

In its latest attestation report, Circle revealed that 30% of its $43.4 billion USDC reserve is now managed by BlackRock.

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Death Vader holding a pink lightsaber dropping down a giant Vader logo.
Stablecoins
Vader Stablecoin (USDV) Shuts Down – The Reason Why Another Stablecoin Falls

Despite months of research, Vader protocol decides to shut down its stablecoin after failing to find a capital-efficient solution.

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Regulations
Japan to Revoke Ban on Foreign Stablecoins in 2023: Report

The recent change will limit the transfer of foreign stablecoins to $7,500 per transaction.
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Do Kwon Hiding Out in Serbia, South Korean Ministry of Finance is Seeking Serbian Cooperation: Reports
Stablecoins
Do Kwon Cashes Out Bitcoin in Serbia Using Funds from the ‘Luna Foundation Guard’ Wallet

Do Kwon cashes out 9.64 Bitcoin in Serbia after fleeing there to allegedly avoid extradition by the South Korean authorities.

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A Christmassy top corner denotes "Cryptomas #10". The central image shows christmass tree baubles with the logos of top cryptos.
Altcoins
2022 Crypto Recap – Top 10 Cryptocurrencies

DailyCoin overviews top 10 cryptocurrencies by market capitalization, how they performed, and how they stack up compared to year's predictions.

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Senator Pat Toomey releases a stablecoin bill
Regulations
Retiring U.S. Senator Pat Toomey Introduces New Comprehensive Stablecoin Bill

The Republican Senator’s bill states that stablecoins aren’t securities or commodities, among other things.
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CFTC calls BTC, ETH, and USDT commodities
Bitcoin (BTC)
CFTC Calls BTC, ETH, and USDT Commodities in FTX Court Filing

The agency seems to have contradicted its chairman Rostin Behnam’s position that ETH is a security.
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Tether (USDT)
Tether Plans to Remove Secured Loans in Reserves by 2023

Tether made the decision in response to Wall Street Journal's recent mainstream backlash over its alleged unreliable reserves.
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bermuda stablecoin
Polygon (MATIC)
Bermuda Bank Launches JUSD Stablecoin on Polygon

The bank will be maintaining a 1:1 reserve ratio with US dollars.

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A glass piggy bank with USDC stablecoins coins inside and human arms on the side
Binance News
Binance Halts USDC Withdrawals Amid Massive Outflows

Amid surging outflows, Binance has paused withdrawals of the USDC token.

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Justin Sun and Do Kwon sitting on red backgorund
Stablecoins
Justin Sun Mocks Do Kwon as He Declares a 200% Collateralized Ratio for $USDD

Justin Sun claims his $USDD stablecoin is overcollateralized by 200%.

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Blue Circle USDC coin inside of a golden ring
Cryptopedia
What is Circle USDC?

What is the USDC stablecoin, and how does it work?

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Coinbase CEO Brian Armstrong holding a USD Coin (USDC) with an exaggerated smile on his face
Binance News
Coinbase Questions Tether’s (USDT) Stability Amid Growing Concerns Over Stablecoins

Coinbase is pushing its users to convert its Tether to its own stablecoin USDC.

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Tether USDT giant feet of clay sand people running away
FTX News
Tether (USDT): A Giant With Feet of Clay?

Tether ties almost everything in the cryptocurrency market. If it falls, the wreck could disrupt the whole crypto world.

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USDC Issuer Circle Calls Off Plans to Go Public: What Does It Mean for Crypto?
Stablecoins
USDC Issuer Circle Calls Off Plans to Go Public: What Does It Mean for Crypto?

The company planned to go public via a SPAC merger with Concord Acquisition Corp.
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Charles Hoskinson wit long arms reaching up on a background with Cardano stablecoins on
Stablecoins
Cardano’s Algorithmic Stablecoin Djed Relaunched on Testnet with Vasil Compatibility

Djed, the much-anticipated algorithmic stablecoin of the Cardano ecosystem has been successfully reactivated on the testnet.

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Tether Responds to WSJ's FUD, Says its USDT Loans Are ‘Overcollateralized’
Stablecoins
Tether Responds to WSJ’s FUD, Says Its USDT Loans Are ‘Overcollateralized’

Tether, the issuer of the world's biggest stablecoin (USDT), has responded to the Wall Street Journal's claims.
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