First slowly, then all at once. For years, crypto toiled in the darkness, a band of outlaws frowned upon by elites in …
Stablecoins
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Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by the Wall …
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Regulation
U.K. Regulator Names Sarah Pritchard as Deputy CEO to Help Oversee Crypto, Stablecoins
by shayaanby shayaanThe U.K.’s financial services regulator, the Financial Conduct Authority (FCA), appointed a deputy chief executive for the first time, naming Sarah Pritchard …
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Deutsche Bank AG is actively exploring stablecoins and various forms of tokenized deposits as major financial institutions gain confidence in expanding their …
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Hong Kong’s new stablecoin law demands full backing by cash or government bonds only. No more empty promises: stablecoins must be 100% …
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Adoption
Uber eyes stablecoins for faster settlements, lower FX costs for global operations
by shayaanby shayaanUber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 …
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Stablecoins make up 30% of DeFi revenues, and are key to the sector’s development, discovered research by Keyrock Trading. Year-on-year, the weight …
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Regulation
Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees
by shayaanby shayaanAmerican economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a …
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Finance
Stablecoins Boost Treasury Bill Demand, Reflect Dollar Dominance, Citi Says
by shayaanby shayaanStablecoins are playing an increasingly important role in both crypto markets and traditional finance, according to a Friday report by Wall Street …
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DeFi
Bitcoin-backed stablecoins just got real — but tax rules still point some to custodians
by shayaanby shayaanThis is a segment from the 0xResearch newsletter. To read full editions, subscribe. The long-awaited relaunch of Liquity v2 this month — …