Tag: Stablecoin

Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer

Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.In a statement issued Friday,...

Do you have the right to redeem your stablecoin? By Cointelegraph

Do you have the right to redeem your stablecoin? Stablecoins are often discussed with regard to their “stability.” It is usually questioned whether a stablecoin is sufficiently backed with money or other assets. Undoubtedly,...

Bitcoin set for record losing streak as ‘stablecoin’ collapse crushes crypto By Reuters

© Reuters. FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration SINGAPORE/HONG KONG (Reuters) -Cryptocurrencies nursed...

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco – Regulation Bitcoin News

As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial...

The United States turns its attention to stablecoin regulation

The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation....

TRON to Launch Native Stablecoin in May

Key Takeaways TRON has risen by more than 18% over the past few hours.  The sudden bullish impulse appears to correlate with the launch of USDD. TRX would have to break through $0.077 to target $0.088.  Share...

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