2022-8-5 00:03 |
The venture-capital arm of the USDC stablecoin issuer backed Nomad and Slope, which were both exploited this week.
Similar to Notcoin - Blum - Airdrops In 2024
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Prominent crypto market maker DWF Labs has finalized the design of its synthetic stablecoin which would be backed by a mix of digital assets, including Bitcoin and Ethereum. In a Sept. 5 post on X (formerly Twitter), DWF Labs co-founder Andrei Grachev revealed that the synthetic stablecoin would be overcollateralized and backed with fiat stablecoins […] The post DWF Labs reveals ‘overcollaterized’ synthetic stablecoin backed by Bitcoin and Ethereum appeared first on CryptoSlate.
2024-9-5 18:09 | |
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Stablecoin issuer Tether took to Twitter on July 27 to clarify that it holds no Chinese commercial paper (CP) on the back of industry rumors that continue to claim its portfolio in the vertical is backed by 85% Chinese or Asian commercial papers.
2022-7-28 22:00 | |
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Xago, a South Africa-based blockchain payment platform, announced today support for EUR with the launch of its latest stablecoin – XEU – backed 100% with fiat. XEU enables purchases, transfers, and payouts in euros, securely, compliantly, and within minutes.
2022-7-21 21:16 | |
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Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022.
2022-7-19 18:10 | |
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The NZDS is a New Zealand Dollar stablecoin backed 1:1 with physical New Zealand Dollars in cash and cash equivalents. NZDS was launched in March 2021 by Techemynt, a registered New Zealand Financial Services provider, using the FiatToken framework developed by Centre that is the basis for USD-Coin (USDC).
2022-7-13 02:00 | |
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Tether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT, a crypto asset pegged to the Mexican peso.
2022-6-23 16:53 | |
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Circle, the issuer behind the USD Coin (USDC) stablecoin, will launch a new stablecoin that is backed by the Euro by the end of this month. The post USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin appeared first on CryptoSlate.
2022-6-17 20:00 | |
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The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.
2022-6-16 16:00 | |
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Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers.
2022-6-16 11:32 | |
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Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joined the plethora of stablecoins in the vast crypto wilderness.
2022-5-24 11:28 | |
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After TerraUSD (UST) de-pegged from the U.S. dollar, dragging with it billions of investors’ funds, a new stablecoin backed by cans of iced tea has risen like the phoenix. The post Terra’s Implosion Births Crazy Stablecoin Backed by Iced Tea appeared first on BeInCrypto.
2022-5-24 15:30 | |
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Tether has released an attestation report showing that the USDT stablecoin reserves are “fully… The post Tether attestation report ‘re-affirms’ USDT is fully backed appeared first on Coin Journal.
2022-5-20 19:23 | |
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TrueUSD, the first regulated stablecoin that is fully backed by the US Dollar has partnered up with internationally renowned banks and custodial accounts to lower the risk of transactions. TrueUSD (TUSD) is the first independently verified digital asset redeemable at 1:1 US Dollar.
2022-5-3 15:54 | |
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Developers of the fast-growing stablecoin UST say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve, in case of an emergency? How would that work?
2022-4-22 18:36 | |
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The Facebook/Meta backed Diem Association has decided to wind up as regulatory opposition to its stablecoin project proves too great.
2022-3-25 14:00 | |
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Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.”
2022-3-17 07:18 | |
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Fireblocks, an infrastructure provider for blockchain assets, announced today it has integrated XDC Network, a hybrid blockchain protocol specializing in tokenizing trade instruments. This news comes ahead of the launch of XDC Network’s Trada token, a stablecoin backed by tangible, trade finance assets.
2022-3-17 19:36 | |
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Four members of the Wyoming Legislature have backed a bill proposal that would see the State Treasurer issue a stablecoin. Wyoming State Senators Tara Nethercott and Chris Roth fuss together with House representatives Mike Yin and Jared Olsen, introduced the Senate file SF0106 on Thursday.
2022-2-21 07:00 | |
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Fran Strajnar is the co-founder of Techemynt, the issuer of the NZDS, a New Zealand Dollar (NZD) Stable Coin backed 1:1 with physical New Zealand Dollars in a cash and cash equivalent treasury managed by a New Zealand registered financial services provider.
2022-2-16 03:30 | |
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Команда блокчейн-проекта VeChain объявила о предстоящем выпуске VeUSD, первого нативного стейблкоина блокчейна корпоративного уровня VeChainThor. Happy to announce that $VeUSD, #VeChainThor's first native #StableCoin, will soon go live! Users & enterprises will be able to easily create/burn fully backed USD-based stablecoins, opening #VeChain up to #DeFi, #web3 and novel real world use cases.
2022-1-7 13:05 | |
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Digital asset banking platform SEBA announced on Wednesday that it is offering a gold token. This token will represent the digital ownership of the traditional safe-haven asset. SEBA’s gold token is a regulated digital token, a stablecoin backed by precious metal.
2021-12-15 18:55 | |
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After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.
2021-12-7 18:56 | |
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Tether's holdings and the question of whether its USDT stablecoin is fully backed by dollars is a sore spot for the company. More recently, however, the burning and minting of billions of USDT has agThe post For a chain swap, Tether mints 2 billion USDT - and a whole lot of FUD appeared first on AMBCrypto.
2021-11-6 03:30 | |
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Many heads turned to the idea that a token meant to serve as a backed stablecoin may actually be manipulating the game. In enters Tether. These were heavy considerations especially with all of the beauty going on in the crypto world.
2021-11-1 01:27 | |
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The US Commodity Futures Trading Commission today filed and settled charges against Bitfinex and sister company Tether. The two firms are required to pay fines totaling almost $43 million. CFTC claimed that the Tether (USDT) stablecoin was not completely backed by reserves most of the time and Bitfinex breached the derivatives regulator’s previous directive, according […]
2021-10-16 00:52 | |
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From September this year, USDC stablecoin will be 100% backed by cash and short-term US government treasuries. This is according to the Centre Consortium, the organization that manages the cryptocurrency, which is backed by Circle Financial And Coinbase.
2021-8-24 19:17 | |
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Center has announced via a blog post on August 22, 2021, that the financial instruments in its USD Coin (USDC) stablecoin reserves have been shrunk down to only the fiat dollar and United States Treasury Bills.
2021-8-24 17:00 | |
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With the imminent launch of smart contracts on Cardano, thoughts turn to its ecosystem and how it will develop against competing chains. The post Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability appeared first on CryptoSlate.
2021-8-22 11:00 | |
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Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019. The post Utopia P2P Presents Anonymous USD Stablecoin Backed by DAI appeared first on BeInCrypto.
2021-8-20 17:29 | |
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Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant communication and finance, this month launches Utopia USD stablecoin; UUSD.
2021-8-19 12:00 | |
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Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant The post Utopia P2P introduces anonymous USD stablecoin backed by DAI appeared first on AMBCrypto.
2021-8-19 08:15 | |
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August 18, 2021 — HaloDAO, a decentralized finance ecosystem focused on bootstrapping usage for fiat backed stablecoins, has partnered with TrustToken, a regulated stablecoin issuer known for its series of “TrueCurrency” tokens.
2021-8-18 17:00 | |
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Coinbase has dropped the guarantee that each USD Coin stablecoin is backed by an equivalent dollar amount. The post Coinbase Drops Guarantee of USDC Stablecoin-to-Dollar Backing appeared first on BeInCrypto.
2021-8-12 20:00 | |
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Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share.
2021-8-10 16:36 | |
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Decentralized finance (DeFi) lending and stablecoin platform TrustToken has secured a large seed round backed by big names in venture capital investing. The post DeFi Platform TrustToken Raises $12.
2021-8-5 10:38 | |
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On July 20, the CEO of Circle Internet Financial LLC. , Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.
2021-7-21 00:30 | |
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According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U. S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin.
2021-7-18 14:00 | |
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Backed by American investment bank Goldman Sachs, Circle is a major stablecoin partner of payments giant Visa.
2021-7-8 14:43 | |
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Indian blockchain infrastructure protocol MahaDAO is the latest to launch on a Layer 2 network, announcing its deployment on Polygon (formerly known as Matic). MahaDAO’s ARTH algorithmic stablecoin will go live on the Polygon network, a framework for building and connecting ethereum-compatible blockchain networks, on June 22.
2021-6-13 16:30 | |
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Dirham stablecoin, an ERC20 token-based stablecoin backed by the United Arab Emirates Dirham, has been unveiled. Tied to the AED in the ratio of 1:1, the Dirham stablecoin will cost approximately $0.
2021-6-8 22:49 | |
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Dominant stablecoin USDT issuer Tether Holdings Limited has released its quarterly report providing the breakdown of its reserves backing the issued Tether tokens. As part of the settlement deal with NYAG, Tether will be releasing these breakdowns on a quarterly basis for the next two years.
2021-5-13 18:05 | |
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Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year.
2021-5-2 12:00 | |
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Built to maintain a 1:1 peg with the US dollar, the Fei protocol stablecoin, FEI, failed to do so over the first week or so of its existence. The Fei Protocol is backed by major VCs with the goal of creating a stablecoin that would buy assets with its token, rather than holding them asRead More
2021-4-14 12:46 | |
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The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops […]
2021-4-8 08:30 | |
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The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands.
2021-4-1 15:30 | |
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Tether Holdings Limited has reiterated its desire to prove its Tether (USDT) stablecoin is fully backed by its reserves by releasing an assurance opinion. The company provided the stablecoin’s Consolidated Reserves Report (CRR) along with an assurance report from accounting firm Moore Cayman.
2021-3-31 15:21 | |
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Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman.
2021-3-31 16:54 | |
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New Zealand based fintech company Techemynt has launched a NZ dollar stablecoin ‘$NZDs’ - backed one-for-one by New Zealand dollars.
2021-3-17 16:00 | |
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New Zealand financial services provider Techemynt has announced the launch of the first stablecoin backed 1:1 by New Zealand’s dollar. According to Techemynt, the stablecoin combines the intrinsic utility of cryptocurrency with the stability and value of the dollar to enable remittance, arbitrage, and digital payments.
2021-3-11 17:20 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The disparity in listing fees between exchanges could influence project accessibility and shape the competitive landscape in the crypto market. The post Justin Sun, Andre Cronje claim Binance charges zero listing fees while Coinbase demands millions appeared first on Crypto Briefing.
UBS deepens its crypto strategy with a new tokenized fund, following digital bond transactions and structured note issuances. The post UBS launches tokenized treasury fund on Ethereum appeared first on Crypto Briefing.
Trump's crypto project cuts WLFI token sale target from $300M to $30M amid low demand, signaling challenges for World Liberty Financial. The post Trump’s crypto project cuts WLFI token sale target from $300M to $30M amid low demand appeared first on Crypto Briefing.
Binance uses generative AI integration via AWS to enhance KYC accuracy and cut costs, improving the user experience globally. The post Binance partners with AWS to improve user experience with generative AI appeared first on Crypto Briefing.
DWF Labs' leadership change highlights the critical need for ethical conduct and swift action in maintaining corporate integrity and trust. The post DWF Labs appoints new partner following drink-spiking allegations against Eugene Ng appeared first on Crypto Briefing.
Consensys' layoffs highlight the broader impact of regulatory challenges on innovation and employment in the crypto industry. The post MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles appeared first on Crypto Briefing.
Key takeaways Vantard has raised over $200k in its seed round so far, and it will increase the token price in two days. It is the first meme coin index in the world, granting investors access to a basket of Solana-based meme coins.