Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens
The annualized percentage yield from providing stablecoin liquidity on Curve's 3pool, also known as DeFi's savings bank account, is ...
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Wednesday, February 1, 2023
Tag: Stablecoins
Moody’s Developing Scoring System for Stablecoins: Bloomberg
The move comes as the quality of stablecoin reserves continues to receive scrutiny. Source link
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Can Banks Issue Stablecoins?
There is no law that bans U.S. banks from issuing paper or digital private banknotes, American Institute for Economic ...
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Investors hold Bitcoin, Ethereum over stablecoins in risk-off environment
Glassnode data analyzed by CryptoSlate suggests that investors are confident holding Bitcoin and Ethereum, over stablecoins, during the current ...
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MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves
“Recent MakerDAO governance discussions have raised concerns about GUSD’s heavy reliance on the PSM and Gemini holding GUSD reserves ...
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DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins
On Ondo’s site, the OUSG fund invests in short-term government treasuries, earning 4.2% per annum; the OSTB invests in ...
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Nigerian central bank moves to regulate Stablecoins and ICOs
The Central Bank of Nigeria (CBN) said it would develop a regulatory framework to recognize stablecoins and initial coin ...
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The Niche Application of Stablecoins Is Not a Bad Thing
By definition, stablecoins are tethered to the real economy. But whatever links they have should be minimized, until their ...
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Japan Plans to Allow Local Listing of 'Foreign' Stablecoins: Nikkei
The Financial Services Agency is seeking feedback on new stablecoin regulations set to take effect in 2023. Source ...
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Stablecoins worth $4B exited exchanges in last 7 days
Data analyzed by CryptoSlate analysts revealed that around $4 billion worth of stablecoins left the exchanges over the past ...
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