Tag: Algorithmic
US Senators Unveil New Bill Banning Algorithmic Stablecoins
US senators Cynthia Lummis and Kirsten Gillibrand have introduced an important bill focused on regulating stablecoins. This bipartisan effort highlights a growing need for regulation of digital currencies. As hard-asset…
The Problem That Those With Algorithmic Intelligence Can Solve
Think you have an algorithmic mind? If your answer is yes, you can solve these two bucket problems, which companies often ask when hiring software engineers, without much difficulty! We…
US Almost Completes Stablecoin Legislation: Algorithmic Stablecoins Are Banned
US legislators think stablecoin legislation could be approved next week. If the legislation is approved, algorithmic stablecoins will be banned for 2 years. According to the draft legislation in Bloomberg’s…
Hot Development: Are Algorithmic Stablecoins Banned in the US?
According to the news of Bloomberg, the first details came from the stablecoin (stable coin / stable coin) draft that the US House of Representatives has been working on for…
Waves’ Algorithmic Stablecoin Neutrino USD (USDN) Loses Stability: Drops to $0.90
Neutrino USD (USDN), the algorithmic stablecoin of Waves (WAVES), tumbled more than 10% on the day to as low as $0.90. Discussions on the sustainability of USDN, which lost its…
Goldman Sachs Answers: How Do Algorithmic Stablecoins Like TerraUSD Succeed?
According to the team of analysts at banking giant Goldman Sachs, algorithmic stablecoins can only achieve long-term success if they become widely used in payment transactions. Algorithmic stablecoins have been…
Another Algorithmic Stablecoin Price Crashed!
One of the algorithmic stablecoins Deus Finance (DEI)Like TerraUSD (UST), which lost its pegged value earlier, it lost its peg and fell to $0.54. The stablecoin is backed by around…
Famous Billionaire Warns Against Algorithmic Stablecoins!
algorithmic stablecoinDespite receiving harsh criticism from many different quarters, the ‘s continued to gain popularity rapidly. The sharp depreciation of the TerraUSD (UST) price since the beginning of this week…
Tron’s New Algorithmic Stablecoin Launched
Tron’s new algorithmic stablecoin called USDD is officially available. The stablecoin project, named USDD, introduced by Tron on April 21, can be used on Ethereum and BNB Chain thanks to…