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Browse: Home / Stable coins

Stable coins

Joe Weisenthal on Terra- Bloomberg

By Securities Docket on May 11, 2022, 9:45 am

Here’s the thing though, just because it may be a crucial component of the future DeFi vision doesn’t mean it’s necessarily going to be possible. The question remains how can you just create an asset and set the price unless you have an infinite amount of money, or some other persistent source of cash flow, to back it? Source: […]

Posted in Industry, Top | Tagged Cryptocurrency, Stable coins, Terra

Stablecoins Like Tether Should Face Regulators’ Scrutiny – Bloomberg

By Securities Docket on June 1, 2021, 8:59 am

A money-market fund would never be allowed to follow such policies. The Securities and Exchange Commission permits money-market funds to use a $1 NAV under stable pricing conventions — valuing assets at amortized cost rather than at market price, and using “penny rounding” pricing — only on the condition that they limit their risk. Their […]

Posted in Industry, SEC, Top | Tagged Stable coins

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