Tag: Stablecoin
Stablecoin Project from Leading Altcoin: Community Concerned!
Cardanois preparing to launch an algorithmic stablecoin in 2023. Community members are worried about the ‘algorithmic stablecoin’, which is reminiscent of the Terra-LUNA collapse and thus the TerraUSD (UST) collapse.…
The ECB should stop the digital euro
European Central Bank in Frankfurt The ECB should show similar self-confidence as the US institutions. (Photo: dpa) Cryptocurrencies have been a hot topic since the invention of bitcoin in 2008…
Stablecoin Transactions Through BSC Stopped on Poloniex
Poloniex, one of the crypto money exchanges, has terminated stablecoin transactions using BNB Smart Chain (BSC) as of today. According to the statement made by the Poloniex team, users can…
Stablecoin Advice from New York Fed Advisor
According to one of the advisers to the New York Federal Reserve, there may be a loophole for central banks that want to issue their own digital currency. Antoine Martin,…
Cardano (ADA) Ecosystem’s First Fully Regulated Stablecoin On Its Way: Date Announced
USDA, the first fully fiat-backed and regulated stablecoin of the Cardano (ADA) ecosystem, has been announced. Emurgo, the official trading arm and co-founder of Cardano, announced the first fully fiat-backed…
Stablecoin Magic Internet Money (MIM) Loses Stability: FTT Drop Caused
Stablecoin Magic Internet Money (MIM) tumbled 5% from the $1 stable after Binance’s FTT sell-off decision. over-collateralized a decentralized credit institution Abracadabra Money’s is the issuer MIME stablecoin for a…
This FTT-Backed Stablecoin Loses Its Stability To $1!
As you know cryptocurrency Many companies in the industry are interconnected. We see that many projects are linked to each other due to borrowing, lending and various collaborations. Although these…
Behind the Scenes of the Binance-FTX War: FTX’s Stablecoin and Ethereum (ETH) Reserves Substantially Reduced
While the balance sheet discussions between Binance and FTX continue, the on-chain data that emerged after Binance will liquidate FTX tokens (FTT) shed a clearer light on the behind the…
Giant Investment Company BlackRock Secures The Funds Of This Stablecoin!
The company said on Thursday, Circle Internet Financial’s USDC stablecoin’s resources BlackRock announced that it has started to move to a private fund established by the US Securities and Exchange…
Stablecoin Issuers Circle (USDC) and Paxos (USDP) Licensed from Singapore
Stablecoin issuers Circle (USDC) and Paxos (USDP) have received approval for their licenses from the Monetary Authority of Singapore (MAS). Stablecoin issuers Circle and Paxos have notified MAS that their…
Stablecoin HUSD Loses Stability After Huobi’s Delist Announcement: 82% Drop
The stablecoin HUSD, which Huobi plays an active role in marketing, tumbled 82% after Huobi announced that it would delist it. Huobi’s October 27 After announcing on its official website…
This Stablecoin Dropped To 20 Cents! Huobi Made a Statement!
One of the leading cryptocurrency exchanges Huobi Globalin a statement on Friday, local stablecoin announced that HUSD was delisted. After Huobi’s statement HUSDlost its stability to the dollar and fell…
FTX CEO Explains: We are working on a new stablecoin
Sam Bankman-Fried, CEO of FTX, one of the world’s largest cryptocurrency exchanges, expressed his views on the market in an interview with The Big Whale and explained that FTX is…
Shock on NEAR Protocol: Stablecoin Lost Its Stable!
Near Foundation$40 million fund to bail out USN investors in the event of a crash founded. So what is behind the establishment of this fund? Here are the details. The…
NEAR Collateralized Stablecoin USN “Safe and Controlled” Discontinued: $40M Support Announced
The NEAR Foundation, developer of the NEAR Protocol, has recommended discontinuing the USN stablecoin. Upon the issuer’s acceptance of the recommendation, the foundation launched a USN protection program. Near Foundation…
This Altcoin Announces It Doesn’t Want To Become Like Terra: It’s Pulling Its Stablecoin From The Market!
near The Near Foundation, the institution behind its blockchain, USN stablecoin and announced that it has set aside $40 million to fund a program called the “USN Protection Program”. USN…
The Second Stablecoin War Has Begun: Binance USD (BUSD) Triggered Rapid Rise
FTX CEO Sam Bankman-Fried stated that the second stablecoin war has begun and this war is between Binance USD (BUSD), Tether (USDT) and USD Coin (USDC). FTX CEO Bankman-Fried twitter…
Reply to Binance from Coinbase: Announces No Fees for This Stablecoin!
Cryptocurrency exchange Coinbase said on Thursday, USD Coin (USDC) He said it will waive commission fees for sales and purchases of this stablecoin in order to encourage wider global adoption.…
Huobi’s Justin Sun Amid Rumors TRON’s Stablecoin Big Campaign For USDD: Zero Commission Fees
Asian-based cryptocurrency exchange Huobi Global has reset commission fees on all trading pairs in spot transactions for USDD, the stablecoin issued by TRON (TRX) co-founded by Justin Sun. Huobi Global…
Silvergate’s Third Quarter Earnings Less Than Expected: Stablecoin Project Postponed to Year
Silvergate, the digital asset-focused investment bank, announced that they are delaying their plans to issue a stablecoin of their own until next year due to financial problems. Silvergate’s Tuesday, October…