News about STABLECOINS

News about Stablecoins

Stablecoins will have to reflect and evolve to live up to their name

In the case of stablecoins, unfortunately, the name is so far a misnomer. The fact that stablecoins are pegged to a “real” asset does not equate to stability. Traditional underlying assets are not exempt from market fluctuations, and with the majorit...

Crypto.com dropping stablecoins rates by 2%-4% for everyone and ALSO dropping rates by half on top of that if you have over $30k staked

I knew the rates wouldn't be able to be sustainable but I just didn't think they drop this fast. I am looking now for a secure safe place to start staking usdc again. Previously I would be getting 12% on USDC on crypto.com but now since the...

Don’t underestimate stablecoins. Those 20% APYs hit pile up fast.

I see a lot of people (especially beginners) disregard stablecoins as a good investment just cause the price doesn’t change. This couldn't be farther away from the truth as the true power in stablecoins in yield farming. Some platforms like Nacho...

Crypto Biz: Stablecoins are serious business, Feb. 17–24

Stablecoins used to be a sort of taboo subject in the crypto community after it became common practice to criticize Tether’s reserve backing. Are you really a seasoned crypto investor if you haven’t gone down the Tether (USDT) rabbit hole? Some of th...

Introduction to financial risk for stablecoins

We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile). This is not financial advice. When we discuss risks in crypto, we look at both risks from the perspective of token owners and risks from the protocol. By knowing the...

MUFG drops blockchain payment project to focus on stablecoins

Japan’s biggest financial conglomerate, Mitsubishi UFJ Financial Group (MUFG), will abandon its three-year-old blockchain payment project to focus on other digital and fintech initiatives.MUFG officially announced Tuesday the suspension of Global Ope...

Are there any privacy preserving stablecoins being built on Ethereum?

submitted by /u/GaddzGZ [link] [comments]

New Draft Bill Mandates Stablecoins be 100% Backed by Reserves

submitted by /u/Some_won [link] [comments]

Are there any stablecoins on EVM compatible chains that implement ERC223 or ERC677?

Basicly my question is are there any stablecoins that implement transfer + call a function on the receiving end of the contract functionality? I'm aware of the Gnosis chain where every coin implements transfer+call submitted by /u/s...

FSB wants more data to measure risks of Bitcoin, stablecoins, DeFi

The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies.Published on Wednesday, the 30-page study...

US lawmaker introduces bill for government-backed insurance of 'qualified' stablecoins

House Financial Services Committee member and New Jersey Representative Josh Gottheimer has introduced legislation that would have the Federal Deposit Insurance Corporation back stablecoins in a manner similar to fiat deposits.In a draft of the Stab...

A question about non ERC-20 stablecoins and custom tokens.

Hi All, Newbie here. Had a weird question. Why most stablecoins (minus UST) and a good number of custom tokens are ERC-20 Tokens. I realize that Ethereum is the most secure chain has a lot to do with this but is there any other reason? Per...

Keeping a good portion of your portfolio in stablecoins is a good idea

Really guys you need to start doing this, especially now when the market is in such a confusing state. Personally I keep 10% of my portfolio in USDC or USDT and it has worked wonders for me. There are two main advantages to doing this which I shall e...

Earn interest on crypto and stablecoins: begginer to advanced guide, DeFi, LP, staking, lending

Generating yield on crypto is a booming thing. There are many ways to boost your gains, this includes lending, staking, liquidity providing, etc. You can do this with CeFi and DeFi. This is an updated attempt to provide guide for begginers, but even...

Stablecoins Total Market Cap Breaches $179 Billion Mark – Can It Go Higher?

Stablecoins, the digital currency that is the talk of the town, are gradually taking over the crypto world as more users and corporations vie for its benefits. Such news doesn’t come as a surprise anymore. As the total value of the world’s 12,333 di...

US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets

Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two U.S. lawmakers in a hearing for the House Committee on Financial Services.Speaking virtually at a T...

What stablecoins are available that are not USD related?

This is not a USD hate thread (however, I'm not stopping you, go wild in the comments :D) but as an EU citizen, I'm wondering if there are reputable stablecoins that can be used that are not related to or pegged to the USD? We all know the co...

$FRAX Economics Analysis & Token Design | How to analyse token economics of stablecoins

We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile). This is not financial advice. TLDR:Frax, the project has a different approach than all other algorithmic stablecoins with a model of 2 tokens that complement each ot...

Does the Fed Reserve really hate stablecoins?.

What do you think about them hating Tether, USDC etc in their recent interviews?. When people use stablecoins to buy crypto currencies, they do so using USD stablecoins, that creates a bigger demand for the Dollar since most of the trades in crypto i...

r/personalfinance continues to downvote any comments I make about staking stablecoins on exchanges for better returns than HYSA for banks. Some posts even lead to deletion for ‘rule breaking’

I’ve posted 2 comments on separate occasions where OP has let’s say over $10k and wants their money to earn interest over time, while also being liquid if they ever need it. I suggested that they look into stablecoins, as the value is not going to be...

This is my Stablecoins Bear Market strategy (Currently ~500% APR)

Hey guys! Did some research and assembled an advanced stabelcoins ($USDC) farming strategy on Metis. Summary: Bridge to @MetisDAO Lend $USDC, and borrow $NETT on @AgoraDefi Add liquidity nett-usdc on @netswapofficial Stake LP tokens on @beefyfinance...

Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says

Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed a wide-ranging ban on the use of crypt...

	The Riveting World of Bombay Club
	SOCIAL GOOD 100$ free sign up bonus + 100% Cashback on daily purchases
	Ethereum Expected to Thrive in 2023
	How To Get Started On Cryptocurrency Gaming
	5 Important Features of White Label NFT Marketplace
	How to get started with crypto gambling
	Best 7 Web3 Apps That Pay You Crypto
	6 Must-Have Tools For Crypto Traders
	Can Ethereum 2.0 Be Converted to Cash?
	Cryptocurrency in Gambling: Features and Benefits
	What are the Core Facets of a Successful Cryptocurrency?
	Cost to Develop Your Own Cryptocurrency Website
	EgldRush - The best Elrond NFT project Farming, Staking, Rewarding
	Choosing a Safe Cryptocurrency Exchange 2022
	Let's Talk About Security in Crypto