Tag: stablecoin

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Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement

The overall market capitalization of stablecoins fell for a 10th consecutive month in January, to $137 billion, according to a report by research...

Bitwise Chief Compliance Officer Says Stablecoin Legislation Could Come This Year

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Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin

USDP is a dollar-pegged stablecoin one-to-one backed by cash and cash-equivalent U.S. government debt instruments, according to independent attestations. Both Paxos and USDP...

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil – Finance Bitcoin News

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the...

Orange Financial To Launch Innovative Yield Farming Treasury – Stablecoin Rewards For NFT Holders

Geneva, Switzerland, 12th January, 2023, ChainwireOrange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st,...

Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 – Bitcoin News

The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the...

Why Justin Sun’s Stablecoin USDD Is Struggling To Maintain Its Dollar Peg

A stablecoin is a cryptocurrency that is pegged to a certain fiat currency. It provides stability for investors of crypto, making transactions easier....

Binance Adds Pegged BUSD Stablecoin to TRON Network: Details

Top crypto exchange Binance has completed the integration of Binance-Peg BUSD on the TRON network. Deposits and withdrawals for Binance-Peg BUSD are now...

DeFi Blockchain Behind Cardano’s New Djed Stablecoin Announces Successful Hard Fork and Updated Fees

The decentralized finance (DeFi) protocol behind Cardano’s (ADA) new stablecoin says that it has successfully updated its network. According to a recent blog post...

How Tether Can Be a More Stable Stablecoin

The crypto economy has suffered two major crypto failures this year: the collapse of Luna/TerraUSD in May and the failure of FTX in...

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg – Altcoins Bitcoin News

2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion...

Stablecoin News for the week ending Wednesday 21st December.

Here is our pick of the 3 most important stablecoin stories during the week. What a year 2022 has been!  As this is my last post...