MakerDAO buys $700M in US Treasury bonds

MakerDAO, the organization behind the DAI stablecoin, has purchased $700 million worth of U.S. Treasury bonds, bringing the DAO’s total Treasury bond holdings to $1.2 billion. The MakerDAO community had already held the preliminary vote to increase its U.S. Treasury bond holdings from $500 million to $1.25 billion in March. The proposal passed with 77.13%…

Powell says stablecoins are a ‘form of money’ that central banks should supervise

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NYAG releases documents detailing Tether’s exposure to Chinese securities in 2021

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Tether CTO calls USDT depeg ‘good stress test’ for company

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Coinbase doubles USDC rewards to 4% amid SEC scrutiny on staking services

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Crypto traders scramble for arbitrage as Tether’s USDT strays from dollar peg

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TUSD regains $1 parity after three-day depeg

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Australian payments firm Novatti expands its AUDD stablecoin to XRP Ledger

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