Stablecoin Issuer Lybra Finance Nears $100M in TVL
Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin. Source link
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Tag: stablecoin
Stablecoin Issuer Stably Creates Dollar-Backed Token for Bitcoin Ordinals
The company’s first bitcoin-linked stablecoin will have to fare better than its other stablecoin products if it wants to ...
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Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto BTC Prices
“Stablecoins are the liquidity of the crypto ecosystem. The more liquidity, the more ability for investment and speculation,” Tom ...
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Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said. ...
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U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how ...
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USDC Stablecoin Issuer Circle Moves $8.7B to Repo Agreements Amid Risk of U.S. Default
Overnight repo transactions are effectively short-term collateralized loans. The borrower is selling a security – in this case, U.S. ...
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USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves
The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital ...
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House Democrats Consider New Stablecoin Bill Proposal: Source
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans ...
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Crypto Lender MakerDAO Founder Proposes Upgraded Versions of DAI Stablecoin and Governance Token (MKR)
The new governance token will have a larger supply than MKR, with a 1200:1 exchange rate to MKR. It ...
Read moreUSDT Stablecoin Issuer Tether Reveals Bitcoin, Gold Reserves, Reports Q1 $1.48B Profit
According to the Q1 attestation signed by financial services firm BDO Italia, Tether held about $2.44 billion in excess ...
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First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal
ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but...
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