Cryptocurrency

Cryptocurrency
Tether Breaks Buck as Stablecoin Panic Spreads
May 12, 2022

Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over the course of this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Today in Crypto: TerraUSD Backers Seek Investors to Prop Up Token; Crypto Billionaires See Fortunes...
May 11, 2022

Superscript has become the first broker from Lloyd’s of London to roll out a product to help Distributed Ledger Technology (DLT), digital asset and blockchain businesses, according to a company blog post Wednesday (May 11). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Crypto Regulation Weekly: Stablecoin Meltdown Focuses Regulators; SEC Gets Tough(er); EU’s MiCA Endgame in Sight;...
May 11, 2022

Regulators and central bankers around the world have long had stablecoins in their sites as a potential threat to financial security, their control over economies and the use of their national fiat currencies for retail payments. Get the Full Story Complete the form to unlock...

Cryptocurrency
Push to Regulate Stablecoins Gains Momentum as TerraUSD Spirals
May 11, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Coinbase May Be Unfazed By 80% Drop, but Investors Are Clearly Shaken
May 11, 2022

Here’s a pretty fair rule of thumb about quarterly earnings reports: When a company leads with the line from your initial offering prospectus that tells investors “You can expect volatility in our financials,” good news will not follow. Get the Full Story Complete the form...

Cryptocurrency
Today in Crypto: Crypto Assets Lose $800B in Market Value Over Month; UK Promises New...
May 10, 2022

Crypto assets have lost almost $800 billion in market value in the past month, a report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Cryptocurrency
Millennial Minute: Almost 18% ‘Definitely Prefer’ Merchants That Accept Crypto Payments
May 10, 2022

Spendable cryptocurrency is still an emerging concept, but that isn’t dampening interest in this asset class as consumers — overwhelmingly millennials for now — have been buying crypto for the value it could gain and its utility as a payments option. Get the Full Story...

Cryptocurrency
As Bitcoin Sinks, 40% of FOMO Buyers Find Themselves Underwater
May 10, 2022

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Cryptocurrency
Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
May 09, 2022

Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from Bloomberg said Monday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...