Crypto BasicsStablecoins
11 articles tagged Stablecoins.
Articles
Crypto Basics
RegulationThe GENIUS Act is a stablecoin statute. It is not MiCA, and it is not a dollar.
On 18 July 2025 the US president signed the GENIUS Act, the first federal statute aimed at payment stablecoins. Reserves and licences are the plot — not a promise that every dollar token is interchangeable.EasyCryptoGuides · · 2 min read
CompaniesCircle went public. USDC is still a company token.
Circle Internet Group began trading on the New York Stock Exchange on 5 June 2025. That is a company event for the firm behind USDC — not a change to the token’s contract.EasyCryptoGuides · · 2 min readCompaniesPayPal’s PYUSD is another company dollar token
PYUSD is redeemable 1:1 in the brochure, backed by cash and short-term Treasuries, and overseen as a Paxos product under NYDFS. Stable is still a claim.EasyCryptoGuides · · 1 min read
MarketsUSDC’s wobble was a banking story wearing a token’s ticker
A regulated dollar token left $1 on a Saturday because a chunk of its cash was at a bank in receivership. Stablecoins run on banking hours even when the chain does not.EasyCryptoGuides · · 2 min read
DeFiTerra’s collapse is what an algorithmic peg looks like when the bid dies
A token that was supposed to stay at $1 by minting and burning LUNA hyperinflated the seigniorage coin instead. Anchor’s yield was demand, not a law of physics.EasyCryptoGuides · · 2 min read
DeFiWhat is Liquity USD (LUSD)?
LUSD is a stablecoin from the Liquity protocol: over-collateralised with ETH, redeemable, with a stability pool. The peg is a mechanism, not a promise from a treasury.EasyCryptoGuides · · 2 min readCompaniesVisa settling some USDC is a treasury choice, not a new dollar
A network that moves billions in many currencies added a dollar token as a settlement asset for a crypto-native partner. That is plumbing. It is not Visa accepting bitcoin at the till.EasyCryptoGuides · · 1 min read
RegulationFacebook’s Libra taught regulators to write faster
A social network with billions of users proposed a payment token governed in Geneva, backed by bank deposits and short-term government paper. That is a company product aimed at scale. It is not bitcoin.EasyCryptoGuides · · 1 min readRegulationNew York’s Tether order is about a balance sheet, not a peg algorithm
About $850 million stuck at Crypto Capital, then a line of credit on Tether’s cash, the filing says. A dollar token is a company IOU plus whatever sits behind it.EasyCryptoGuides · · 1 min readCompanies