Tether Will Keep Adding to $24 Billion Gold Stash Held in Former Nuclear Bunker, Says CEO
Tether is accumulating a massive gold reserve, stored in a former Swiss nuclear bunker. Is it a hedge against uncertainty or a regulatory target?
Stablecoins
Fidelity readies digital dollar as stablecoins move into institutional finance
Fidelity’s launch of a digital dollar stablecoin signals a major shift towards institutional adoption of blockchain-based payments. Analysis of the impact on the stablecoin market and regulatory landscape.
Fidelity to Launch First Stablecoin, Fidelity Digital Dollar (FIDD) — A New Era for Investors?
Fidelity Investments is reportedly launching its first stablecoin, Fidelity Digital Dollar (FIDD). This analysis explores the potential impact on retail and institutional investors.
Banks fear stablecoin ‘bank run,’ regulators see limited impact
Banks are concerned about the potential for stablecoins to cause a ‘bank run’ by siphoning deposits, but regulators see limited impact and are working on regulatory frameworks to mitigate risks.
OKX launches EU stablecoin payment card via regulated issuer Monavate
OKX launches stablecoin payment card in the EU via Monavate, allowing users to spend USDC and USDG with Mastercard. This signals increased crypto adoption and utility.
Coinbase Experiments With Flipcash’s USDF as It Rolls Out Custom Stablecoins
Coinbase is experimenting with Flipcash’s USDF stablecoin, potentially enabling businesses to issue their own branded, dollar-backed tokens. Learn about the implications of this move.
Coinbase moves closer toward rolling out ‘custom stablecoins’
Coinbase is collaborating with Solflare, R2, and Flipcash to develop and launch custom stablecoins, with the latest testing focused on Flipcash’s USDF. This move could expand the stablecoin ecosystem and provide more options for users and developers.
Standard Chartered Predicts $500 Billion Shift to Stablecoin | US Crypto News
Standard Chartered predicts a $500 billion shift from bank deposits to stablecoins, signaling a major transformation in global finance. Explore the implications for banks and crypto markets.
Tether Launches USAT, a Federally Regulated, Dollar-Backed Stablecoin for the U.S. Market
Tether launches USA₮, a federally regulated, dollar-backed stablecoin for the U.S. market, marking a new era for stablecoins in the country.
Chainlink Labs Joins Wemade’s Korea KRW Stablecoin Alliance
Chainlink Labs has joined the Global Alliance for KRW Stablecoin (GAKS) to expand the adoption and reliability of Korean won-backed stablecoins, leveraging its expertise in oracle networks.