Tag: xdai chain

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USDC supply reaches all-time high of $56 billion following $10 billion mint in 30 days

USDC’s market cap has reached  $56 billion, marking a new all-time high for the stablecoin. With the milestone, Circle’s USD-pegged stablecoin continues the...

Isle of Wight Tech firm won Award for Its Neutron Detector and AI trump Celebrates it  

Innovative Physics Limited, based in the Isle of Wight, UK, got more appreciation for their award wining neutron detector technology. Even an artificial...

Whales Dive In as $3,000 Support Falters

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information...

How did Satoshi Think of Bitcoin?

The following is an essay originally published on Unchained.com by Dhruv Bansal, CSO and Co-founder of Unchained, the Official US Collaborative Custody Partner...

Hong Kong-based stablecoin issuer expands to Sui network

Hong Kong-based stablecoins issuer First Digital Trust has announced plans to expand its token to the Sui blockchain. The dollar-pegged $3 billion FDUSD...

Can Ripple’s Stablecoin Challenge USDT?

In the first week of April 2024, US-based technology company Ripple officially announced the launch of its stablecoin. This new stablecoin will join...

Ethena’s USDe Bitcoin collateral exceeds $500 million in a week

Bitcoin collateral for Ethena’s USDe synthetic dollar has exceeded $500 million less than a week after its introduction. The platform’s website data showed approximately...

Aave Chan founder teases fee distribution for holders

Decentralized lending platform Aave is presently working on a proposal that will enable a fee switch which will be distributed to holders. This...

Weekly Web3, Blockchain, and Crypto Analysis

This analysis report, backed by quality data, covers the major developments the Web3, Blockchain and Crypto sector has experienced this week. 1. Breaking News...

Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe

Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. This move aims to scale USDe’s supply...