Tag: stablecoin
Algorithmic stablecoin ban coming?
A new crypto bill is currently being discussed in the US Senate that would ban algorithmic stablecoins for two years. That reports Bloomberg. The ban would affect those stablecoins that…
Binance will convert users’ USDC into its own stablecoin
The move aims to improve capital liquidity and efficiency for users, the company said in a statement. Binance said it will remove and cease all trading on spot pairs that…
Cardano DEX partners with stablecoin Djed
Preparations for the launch of the Cardano stablecoin Djed continue. A decentralized exchange in the network is now examining options for integrating the stablecoin. Source: BTC ECHO The post…
Aave DAO votes for in-house stablecoin
On July 31, 99 percent of the Aave community voted to launch the in-house stablecoin GHO. It should now be certain that the lending platform will soon be launching its…
Circle: This is how the stablecoin is collateralised
Circle continues to work on its transparency. Now, for the first time, the company is releasing the structuring of the assets backing the USDC stablecoin. Source: BTC ECHO The…
Hedge funds have massively shorted stablecoin Tether (USDT).
According to the Tether CTO, the largest stablecoin itself came under fire in the course of the Terra crisis. The supposed goal: create even more chaos. Source: BTC ECHO…
Tether takes off for the UK with a sterling-backed stablecoin
Tether saves the Queen – Tether is the company behind the largest stablecoinnamely theUSDT. In total, almost 67 billion USDT circulate through the crypto ecosystem, through 6 different blockchains. From…
Tether launches pound stablecoin GBPT
Tether Limited, publisher of the largest stablecoin by market cap USDT, is launching a new stablecoin in early July. “GBPT” will be pegged to the British Pound Sterling. “Initial blockchain…
launch of a stablecoin backed by the pound sterling
The company behind the most important stablecoin on the market, Tetherannounced on Wednesday the launch of a new stablecoin pegged to the British pound. The token pegged to the pound…
Tether.io: Increased hacker attacks on USDT stablecoin provider Tether
The website of the largest stablecoin provider Tether.io has been hit by hacker attacks several times in the last 24 hours of trading. Source: BTC ECHO The post Tether.io:…
Circle is working on Euro stablecoin
Circle ventures into a euro stablecoin. The company behind USDC wants to launch the “Euro Coin” at the end of June. Source: BTC ECHO The post Circle is working…
Terra 2.0? Tron stablecoin USDD loses dollar peg
USDD slips below $1 – is Tron’s algorithmic stablecoin facing the same fate as Terra’s USDT? Source: BTC ECHO Tron stablecoin USDD loses dollar peg post first appeared on…