Stablecoins are cryptocurrencies pegged to a stable asset such as the US dollar, used to move value across crypto markets. Tether (USDT) is the largest.
2 stories on Stablecoin, newest first.
Circle, the company behind the USDC stablecoin, has won final approval from U.S. regulators to open a national trust bank. The milestone marks a major step in crypto's integration into the traditional regulated financial system and allows Circle to offer banking-style services to institutions.
MetaMask has launched a new product called Money Account that combines stablecoin holdings with spending features and yield generation. The account offers returns of up to 4% annually on mUSD stablecoin balances while allowing users to make card purchases, marking a shift toward making stablecoins practical for daily use rather than just trading.
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