2023-6-16 23:42 |
Tether’s USDT stablecoin loses its $1 peg, while other major cryptos spend their day in red territory. origin »
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Tether (USDT), the world’s leading stablecoin, has been a significant player in the cryptocurrency market since its inception in October 2014. With a market capitalization of $72 billion, Tether has mostly maintained its peg at $1.
2023-6-15 16:28 | |
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Binance-backed TUSD stablecoin briefly loses dollar peg
2023-6-10 15:10 | |
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In a surprising development, TrueUSD (TUSD) has deviated from its US Dollar peg, creating ripples in the crypto market and raising questions about the stability of stablecoins. The post Stablecoin TrueUSD Struggles: Depeg Causes Turmoil in Crypto Market appeared first on BeInCrypto.
2023-6-10 09:24 | |
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According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD) – has been experiencing a consistent decrease.
2023-6-9 22:00 | |
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Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year later, the stablecoin has reclaimed its stable dollar peg and boasts one of the deepest reserves in the cryptocurrency industry.
2023-5-14 09:40 | |
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Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations.
2023-4-28 16:04 | |
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The stablecoin has upgraded its market infrastructure after losing its peg during the crisis.
2023-4-27 18:25 | |
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USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
2023-3-31 02:13 | |
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The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed.
2023-3-24 19:58 | |
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Djed didn't lose its USD peg during the recent turmoil in the stablecoin market, Djed's TVL saw gains of 17% since the USDC depegging saga, Cardano’s [ADA] stablecoin Djed, which launched The post Will Djed make the most of stablecoin turmoil? Here's what the metrics say appeared first on AMBCrypto.
2023-3-22 05:30 | |
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Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg.
2023-3-21 09:52 | |
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Coinbase resumes USDC to USD conversion as the banks reopen after the weekend break. The stablecoin has regained its $1 peg. The post USDC Redeemable to Dollar Again as Stablecoin Regains Peg appeared first on BeInCrypto.
2023-3-13 20:00 | |
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After breaking its peg over the weekend and trading as low as $0.87, Circles USDC stablecoin is now at $1 again. 1 USDC for $0.87 All eyes are on USDC...
2023-3-14 19:03 | |
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Traders using decentralized finance (DeFi) protocols to bet on a USDC revival over the weekend are at risk of eight-figure liquidations if the stablecoin loses its $1 peg again this week.
2023-3-14 18:07 | |
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Circle has partnered with Cross River as regulators shut down Silicon Valley Bank and Signature. The partnership ensures that USDC maintains its 1:1 peg to the US dollar. Circle, one of the largest stablecoin issuers in the crypto ecosphere, announced…
2023-3-14 15:50 | |
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2023-3-11 14:41 | |
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The USDC stablecoin lost its $1 peg after its issuer Circle said it has $3.3 billion stuck in the embattled Silicon Valley Bank. The post USDC Market Cap Sheds $6B as Circle Reveals $3.3B Exposure to Silicon Valley Bank appeared first on BeInCrypto.
2023-3-11 12:12 | |
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The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.
2023-2-17 00:34 | |
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The USDP stablecoin lost its peg briefly on Feb. 10 after falling to $0.98. The New York Department of Financial Services (NYDFS) is reportedly probing Paxos. The post Paxos Dollar (USDP) Briefly Loses Peg as NYDFS Reportedly Probes the Platform appeared first on BeInCrypto.
2023-2-10 10:20 | |
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Original UST stablecoin lost its peg to dollar in May 2022
2023-2-4 19:20 | |
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BUSD under FUD because of reports showing insufficient backing. Until the time of writing, the stablecoin was able to maintain its peg. The stablecoin of trading platform Binance [BUSD] isThe post BUSD faces depegging scare: What's going on, Binance? appeared first on AMBCrypto.
2023-1-12 06:30 | |
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Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset, especially with the collapse of the Terra UST stablecoin.
2023-1-12 20:00 | |
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The company acknowledged to Bloomberg that the process of maintaining the peg “has not always been flawless,” but said the problem has now been fixed.
2023-1-11 21:19 | |
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Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable."
2022-12-20 17:17 | |
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TRON’s stablecoin, USDD, depegged from the dollar TRX price action held out in the negative as Justin Sun calmed the community USDD, the decentralized stablecoin of TRON [TRX], lost its peThe post TRON stablecoin USDD loses dollar peg amid Sun’s capital deploy, but TRX floats appeared first on AMBCrypto.
2022-12-13 06:30 | |
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Tron’s algorithmic stablecoin (USDD) has lost its peg amid crypto’s current tribulations due to the FTX collapse. The USDD is on shaky ground USDD, a stablecoin built on Tron’s decentralized autonomous organization (DAO), dropped to $0.967 early on Monday, reaching…
2022-12-12 17:50 | |
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The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.
2022-12-13 11:40 | |
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Neutrino USD (USDN), a stablecoin of the Waves ecosystem, has lost its peg, currently trading at $0.85. What can be the reason? The post Why Neutrino USD (USDN) Lost Its $1 Peg, but Is It the Next UST? appeared first on BeInCrypto.
2022-12-9 20:15 | |
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Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar depeg, alleges Tron’s founder.
2022-11-11 14:11 | |
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The Tron network's algorithmic stablecoin, the $700 million USDD, fell to 97 cents from its supposed $1 anchor.
2022-11-10 04:37 | |
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FTT is the largest collateral backing MIM, accounting for 33% of the total locked in Abracadabra's "cauldrons."
2022-11-8 15:54 | |
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The once popular HUSD stablecoin has fallen dramatically from its $1 peg, dropping to a low of $0.34 after crypto exchange Huobi announced that it delisted the asset on Friday.
2022-11-1 11:11 | |
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Sasha Ivanov told CoinDesk the USDN model uses four tokens to supply liquidity and to help the stablecoin retain its $1 peg.
2022-9-1 03:12 | |
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The biggest news in the cryptosphere for August 26 includes Federal Reserve Chairman Jerome Powell’s indication that recovery from the burgeoning inflation levels is still far from being done, and another stablecoin losing its peg from the United States Dollar as the bear market continues.
2022-8-27 01:48 | |
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Algorithmic stablecoin USDN fell to $0.90, marking the fourth time that it failed to defend its dollar peg in 2022.
2022-8-26 12:41 | |
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Algorithmic stablecoin USDN, which is designed to mimic the value of the U.S. Dollar, has fallen to $0.91.
2022-8-26 11:05 | |
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The HUSD stablecoin, which is issued by Stable Universal, has returned to its $1 peg after suffering "liquidity problems" in relation to a closed market maker account.
2022-8-19 17:13 | |
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The HUSD stablecoin currently trades at around $0.88 after losing parity to the dollar late Wednesday afternoon. HUSD in Peril Another stablecoin has broken its dollar peg. HUSD, a dollar-backed...
2022-8-19 19:12 | |
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The token issued by Stable Universal has dropped to 8% below its $1 peg.
2022-8-19 11:58 | |
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The USK stablecoin is taking a cue from DAI and is set to maintain its price peg by a combination of overcollateralization of ATOM tokens and trading incentives.
2022-8-9 15:44 | |
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In April 2022, many called Waves a “Ponzi scheme’ as the blockchain’s primer stablecoin; USDN lost its peg to $0.81. The post Vires.Finance to be “reset” following Waves revival plan proposal to solve liquidity crisis appeared first on CryptoSlate.
2022-8-3 02:00 | |
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Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.
2022-6-22 02:30 | |
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Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.
2022-6-22 02:30 | |
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The TRON stablecoin USDD is meant to track the price of the dollar, but its struggled to maintain its peg over the past week. TRON Stablecoin Faces Depeg Issues TRONs...
2022-6-20 14:21 | |
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The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer – though any motivation or rationale remains a mystery.
2022-6-17 19:05 | |
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Tron TRX/USD has a huge ecosystem of decentralized applications (dApps), many of which have gathered a high level of reputation within the crypto sphere. From decentralized finance (DeFi) to non-fungible tokens (NFTs), it is clear that this is a large and vast ecosystem that has a lot to offer.
2022-6-18 12:14 | |
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Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical fall.
2022-6-16 08:05 | |
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Tron’s algorithmic stablecoin, Decentralized USD (USDD) remained below its intended price peg with the U.S. dollar on Tuesday even after the team behind the project rushed to shore up the currency with over $2 billion in reserve assets.
2022-6-15 21:09 | |
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The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to the attack that led to UST losing its peg to the U.
2022-6-14 18:21 | |
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BlackRock, the world’s leading asset management company, reportedly spent $1 billion on bitcoins just on the eve of the sharp decline of the BTC price. The latter was triggered by the Fed Chair’s announcement of the change of pace for…
Quantum BioPharma Ltd. , a Nasdaq-listed biotech and medical research company, has purchased $1 million in Bitcoin and other cryptocurrencies as part of a strategic move approved by its board of directors.
Speaking in an interview with Yahoo Finance, Senator Cynthia Lummis outlined a plan to authorize the Federal Reserve to purchase and hold Bitcoin, integrating it as a key asset in the country’s financial strategy.
After the Fed cut the interest rate by 0. 25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit.
Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective.
Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.5 million, bringing its total holdings…
Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue. The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its…