Scott Beck, CEO of the United Texas Bank, urged representatives of the government’s blockchain advisory committee to suggest a policy that would leave stablecoins...
The chief of the Australia Central Bank, Phillip Lowe, has said that there are benefits derived from private cryptocurrencies. Lowe noted that if privately...
The Terra algorithmic stablecoin TerraUSD (UST) collapsed in May, causing billions of dollars worth of losses for investors. The collapse lowered investor confidence in...
Circle has provided full disclosure of the reserves backing the USDC stablecoin. This is the first time that the stablecoin issuer is providing this...
Several cryptocurrency companies have claimed going belly up or facing financial distress in the past couple of months. While some of these have been...
The cryptocurrency market has been filled with speculations about the depegging of several stablecoins. Circle’s USDC stablecoin, the world’s second-largest stablecoin by market cap,...