Cryptoverse: Stablecoins sag in the dog days of summer
By Hannah Lang (Reuters) – Bitcoin isn’t the only asset experiencing a late summer slump. Stablecoins, cryptocurrencies typically pegged to real-world assets like the U.S. dollar, have wilted to their lowest…
Cryptoverse: Stablecoins wend wobbly way into the unknown
By Medha Singh, Lisa Pauline Mattackal and Alun John (Reuters) – Stablecoins, the safe and strait-laced cousins of crypto, are looking distinctly dicey. Tether, USDC and others lost their prized pegs to…
Explainer-What are stablecoins, the asset rocking the cryptocurrency market?
By Elizabeth Howcroft LONDON – Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a constant value: stablecoins. As cryptocurrency prices plummeted this…
Fed’s Williams: potential for stablecoins to be “very useful”
– A form of digital currency that is designed to have a stable price and is generally linked to a mainstream currency or something such as gold could prove beneficial if properly…
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