Binance, Huobi, OKEx, and Dunamu Come Together for $32 Million Stablecoin Project

2018-8-30 21:00

Binance, Huobi, OKEx and Dunamu (the company behind Korean crypto exchange Upbit) have announced plans to partner on a $32 million stablecoin project called ‘Terra.’ According to an August 28, 2018 report in Fortune, the purpose of Terra is to get skeptical consumers into the crypto space by offering them a digital asset that does not suffer from the legendary...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

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stablecoin binance terra million crypto project dunamu

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Источник: btcmanager.com

stablecoin binance → Результатов: 6

Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks

Binance clarified its forthcoming BFUSD asset is not a stablecoin after crypto users showed concerns over its promise of high yields.

2024-11-19 08:36
stablecoin binance bfusd showed crypto users concerns

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Binance Announces Major Changes To Stablecoin Access In Europe From June 30

Binance, one of the world’s leading cryptocurrency exchanges, has recently announced significant changes to its stablecoin regulations in Europe. Starting from the end of June, Binance will begin restricting access to “unauthorized” stablecoins in compliance with the new MiCA stablecoin rules across the European Economic Area (EEA).

2024-6-4 02:00
stablecoin binance june europe changes access eea

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Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.

2023-3-4 22:27	Paxos
stablecoin binance usd issuer tokens billion paxos

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Binance’s BUSD Stablecoin Was Reportedly Targeted by Rival

Circle flagged concerns about Binance's mismanagement of reserves months before New York regulators intervened, according to a Bloomberg report. The move highlights the battle between the two firms for dominance in the high-stakes stablecoin market.

2023-2-14 23:45
stablecoin binance move highlights report according battle

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Binance USD's $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry

Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog.

2023-2-14 22:34	SEC
stablecoin binance paxos usd issuing watchdog stops

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Binance, Issuer of 3rd Biggest Stablecoin, to Stop Supporting Larger Rival USDC

Cryptocurrency exchange Binance is to convert its users' holdings in three major stablecoins - USDC, USDP and TUSD - into its own stablecoin BUSD.

2022-9-6 20:33	Business
stablecoin binance usdc three holdings major usdp

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Binance Says New York Banks Can Now Use Its Stablecoin After Watchdog Approval

NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.

2020-8-8 12:45	CoinFlash
stablecoin binance cutting away list listing approved

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Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week

Binance's dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading.

2019-9-12 12:00
stablecoin binance dollar-backed busd company trading trust

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Binance Launches Native Dollar-Backed Stablecoin

The Binance USD (BUSD) stablecoin was given the green light by the New York State Department of Financial Services (NYDFS).

2019-9-6 10:29	News
stablecoin binance state york new department services

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Binance partners with Paxos to launch its own USD-pegged stablecoin

The crypto-community is rejoicing after news of Binance launching its own USD-pegged stablecoin broke out today. With this move, the exchange aims to expand its services in the crypto-market, a few weeks after it introduced its own GBP-pegged stablecoin.

2019-9-5 17:06	Paxos
stablecoin binance own usd-pegged paxos partners launch

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Binance BUSD: New York Regulated Stablecoin Takes Aim At Tether

Binance USD (BUSD) – a stablecoin from the world’s largest crypto exchange – has been approved by the New York State Department of Financial Services (NYDFS), which has historically taken a hard line against cryptocurrency companies.

2019-9-6 16:55	US regulation
stablecoin binance new york busd crypto aim

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Binance Jersey Lists Exchange’s New UK Pound-Backed Stablecoin

The Jersey arm of Binance has listed the cryptocurrency exchange's own British pound-backed stablecoin, BGBP.

2019-7-20 15:11	Binance
stablecoin binance pound-backed exchange jersey own cryptocurrency

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Binance Stablecoin Could Rival Tether’s Dominance In The Cryptocurrency Market

The Chief Financial Officer at Binance, Wei Zhou, confirmed that they are going to be releasing a new stablecoin in the next months. The main goal seems to compete against Tether(USDT), the largest stablecoin in the market.

2019-6-7 06:41	Binance
stablecoin binance largest tether could market one

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Binance Considers Currencies Other than USD for Stablecoin Launches

After hosting a British pound based stablecoin on Binance DEX, the exchange may continue to launch stablecoins pegged to other fiat currencies.

2019-6-6 16:38	News
stablecoin binance currencies may exchange continue launch

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Binance’s New Stablecoin is a Serious Threat to Tether’s Dominance

By CCN: According to Wei Zhou, the chief financial officer at Binance, the most widely utilized crypto asset trading platform in the global market, the exchange is planning to issue a stablecoin in the upcoming months, possibly to compete against Tether.

2019-6-6 15:14	Tether
stablecoin binance ccn tether new dominance threat

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Binance Starts Testing for GBP Backed Stablecoin

Crypto Twitter is running wild after users spotted Binance testing a stablecoin on, June 3, 2019. While the USD backs most stablecoins, Binance chose to peg its stablecoin to the GBP. Binance has developed a reputation as one of the more trustworthy exchanges, making their stablecoin launch all the more exciting.

2019-6-3 15:59	StableCoin
stablecoin binance testing gbp usd gbpread exciting

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Binance, Okex, Huobi and Upbit Among Investors in New Stablecoin, Terra

Yet another stablecoin is joining the arguably already crowded ecosystem. Terra, as the new fiat-pegged crypto is called, counts four of the biggest cryptocurrency exchanges in the world among its investors, including Binance, Okex, Huobi and Upbit.

2018-8-30 00:55
terra investors binance stablecoin new huobi among

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Binance Backs $32 Million Funding for Unicorn Founder's Crypto Stablecoin

With an e-commerce company leading the launch of a new stablecoin, its founders and allies believe they can really bring crypto to consumers.

2018-8-29 14:00
crypto stablecoin allies new founders believe consumers

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Binance CEO Changpeng Zhao: With Tether ‘Concern is Always There’

During a recent conference in South Korea, Binance CEO Changpeng Zhao responded to questions about the company’s relationship with controversial stablecoin Tether. He acknowledged that “concern is always there,” according to regional reporting.

2018-8-4 09:55	USDT
binance tether always concern ceo changpeng zhao

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

2018-7-26 18:55	Digital assets
tether company reiss funds trusttoken smart trueusd

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Malta Stock Exchange Partners With OKEx to Launch Security Tokens Platform

The Maltese government is gradually building a global market for cryptocurrencies as it continues to assert itself as the world's blockchain island with crypto-friendly regulations.

2018-7-20 22:19	Investing
okex exchange malta partnership msx platform stock

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Stablecoins are the “killer use case” for crypto, says experts amid MoonPay and RLUSD partnership

Industry leaders Ivan Soto-Wright, CEO of MoonPay, and Nancy Beaton of Uphold highlight stablecoins as a transformative 'killer use case' for the crypto industry.

Hong Kong pushes forward with stablecoin bill in legislative council

Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.…

Stablecoin payments infrastructure firm BVNK raises $50m series B round

BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…

Ripple’s RLUSD goes live on global exchanges

Ripple’s stablecoin RLUSD is live on major crypto exchanges, the U.S.-based crypto company has announced. The launch of the Ripple USD (RLUSD) stablecoin follows the official announcement of its highly anticipated unveiling on December 16. In that communication, Ripple stated…

Ripple’s RLUSD scheduled for Dec. 17 launch

Ripple’s U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, Dec. 17.

Ethena officially launches USDtb, stablecoin backed by BlackRock

Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock’s USD Institutional Digital Liquidity Fund. USDtb operates similarly to other popular fiat-backed stablecoins like USD Coin (USDC) and Tether (USDT), with reserves held in cash or cash-equivalent assets at…

Bank of England’s PRA asks firms to disclose crypto investments

The Bank of England’s Prudential Regulation Authority has issued a data request asking firms to disclose their current and planned exposures to “cryptoassets.” The statement requested firms to disclose their current and expected future “cryptoasset exposures” and to explain their…

2018-8-30 21:00

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