Tag: stablecoin

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Harmony Chain

Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

Bitcoin

USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves

The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital gains. It means that...
Altcoin News

Cardano DeFi Taking Off As ADA-Backed Stablecoin Djed Unlocks Opportunities: Input Output Global

Cardano’s (ADA) decentralized finance (DeFi) ecosystem is evolving rapidly on the back of recent developments, according to the Ethereum (ETH) rival’s developers. In a...
Polygon Chain

Tether (USDT) Emerges as Prefered Stablecoin amid US Banking Crisis with Over $86B in Total Supply

The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the Tether...
XDai Chain

Stablecoin DEI Hack Costs Deus Finance a Whopping $6M

Yet another DeFi protocol is drained by malicious actors. ...
XDai Chain

Massive stablecoin hack rocks DEUS Finance – $6m stolen – Cryptopolitan

The decentralized finance (DeFi) protocol DEUS Finance was hit hard by a security breach, resulting in the loss of over $6 million worth...
XDai Chain

Curve Finance Rolls Out Algorithmic Stablecoin crvUSD

During the first 5 minutes after the launch, crypto investors minted...
Huobi Eco Chain

Everything you need to know about the latest sensational stablecoin, TUSD – Cryptopolitan

TUSD, also known as TrueUSD, is a stablecoin that has been garnering traction as a reliable alternative to fiat currencies on the cryptocurrency...
Metaverse

Stablecoin rotation into Bitcoin helped fuel the leg up to $29K

Quick Take The recent Bitcoin pump to $29,000 was helped by the rotation of stablecoins into Bitcoin.  According to the stablecoin supply ratio, the oscillator...
Bitcoin

Will Proposal To Re-Peg Stablecoin Push LUNC To $1?

In one of the most catastrophic events to ever hit the crypto industry, the prominent algorithmic stablecoin TerraClassicUSD (USTC) – formerly UST –...
Huobi Eco Chain

A New Proposal To Re-peg TerraUSD Stablecoin (USTC)

Last updated Apr 28, 2023 Proposal 11487 aims to bring USTC stablecoin back to $1 value but needs major Terra classic community support.TerraUSD was...
EVM News

Cardano Djed Stablecoin to Open Doors for Ethereum Developers: Details

Tomiwabold Olajide This opens door for Djed expansion to several additional EVM-compatible blockchains Milkomeda, a Layer 2 protocol, has announced the exciting news that the...
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