Tag: stablecoin
USDC: stablecoin loses peg to US dollar
USD Coin (USDC) has lost its price peg and is falling below one US dollar. Investors are alarmed. Source: BTC ECHO The post Stablecoin gone astray: USDC loses peg…
Exit the Banks – Former BitMEX CEO Proposes Bitcoin-Based Dollar Stablecoin (BTC)
Break away from the banking system. This is the ambition of Arthur Hayes, the former CEO of BitMEX, which offers a stablecoin based solely on Bitcoin (BTC). The sign of…
Is the stablecoin putting Bitcoin (BTC) at risk?
Tether (USDT) is the third largest cryptocurrency in the overall market after Bitcoin (BTC) and Ethereum (ETH). The “stablecoin” is linked to the value of the US dollar to make…
Tether: Did the stablecoin provider forge documents?
Once again, the stablecoin provider has to justify its opaque machinations. What’s the deal with the recent Tether FUD? Source: BTC ECHO The post WSJ: Tether used fake documents…
Coinbase removes Binance stablecoin from its platform amid SEC doubts
© Reuters Investing.com – Coinbase Global Inc (NASDAQ:), one of the world’s leading cryptocurrency exchanges, has announced that it will remove competitor Binance from its platform. The move follows an…
Mastercard: transaction network tests stablecoin payments
A partnership with Web3 payment protocol Immersve enables Mastercard customers to pay for purchases with cryptocurrencies. Source: BTC ECHO The post Mastercard integrates stablecoin payments first appeared on BTC-ECHO.…
Investors are fleeing the Binance stablecoin
Binance USD (BUSD) is currently losing massive ground. The U.S. Securities and Exchange Commission (SEC) threat of lawsuits against publisher Paxos is prompting a panic reaction among crypto investors. As…
Cardano: This is how secure the algorithmic stablecoin DJED is
The Cardano stablecoin (DJED) now has reserves of 508 percent. Collateral through ADA coins is controversial. Source: BTC ECHO The post How safe is Cardano’s new stablecoin first appeared…
Due to SEC investigation: Binance stablecoin (BUSD) falling?
Binance and Paxos are launching their own USD stablecoin, Binance USD (BUSD), in 2019. Now the Tether competitor is at the center of new investigations by the SEC. Source:…
PayPal interrupts work on its stablecoin – 02/13/2023 at 14:35
(AOF) – PayPal has halted work on its stablecoin, as regulators step up scrutiny of cryptocurrencies and a key project partner, Paxos Trust Co, comes under investigation by the Financial…
SEC sues Paxos, the company behind Binance’s stablecoin – WSJ
© Reuters By Ambar Warrick Investing.com– The U.S. Securities and Exchange Commission intends to sue cryptocurrency firm Paxos Trust Co, which issues the Binance USD stablecoin, for allegedly selling unregistered…
Ethereum: Aave deploys its stablecoin GHO on the testnet
A new competitor – The ecosystem Challenge has experienced significant growth in recent years. THE stablecoins have played a central role in this evolution by allowing users to protect themselves…