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Omnichain BTC Asset FBTC Surpasses $100 Million in Total Value Locked as Ignition Unveils “Sparkle” Campaign”

Ignition is proud to announce that FBTC has crossed $100 million in Total Value Locked (TVL), according to Dune. Ignition’s FBTC is an omnichain Bitcoin asset pegged 1:1 to BTC created to elevate Bitcoin’s utility beyond just a store of value and make it accessible to all users. The asset aims to pave the way […] дальше »

2024-8-22 23:37


Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin

In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD).   Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents. дальше »

2024-4-4 17:15


Ripple Unveils Plans for US Dollar-Backed Stablecoin on XRP Ledger and Ethereum: All You Need to Know

Ripple, the company behind the XRP cryptocurrency, has announced ambitious plans to launch its own USD stablecoin later this year. Stablecoins are cryptocurrencies designed to minimize price volatility by being pegged to a relatively stable asset or basket of assets, usually fiat currencies like the U. дальше »

2024-4-4 16:37


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Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency beginning 2024

Paolo Ardoino, Tether’s incoming CEO, said the stablecoin issuer plans to publish real-time attestation of its reserve starting next year, Bloomberg reported on Oct. 20. Tether, due to its significant role in the cryptocurrency industry, has faced increasing pressure to enhance transparency regarding the reserves backing its USDT stablecoin, a digital asset pegged to the […] The post Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency beginning 2024 appeared first on CryptoSlate. дальше »

2023-10-21 17:45


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Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency

Paolo Ardoino, Tether’s incoming CEO, said the stablecoin issuer plans to publish real-time attestation of its reserves in the future, Bloomberg reported on Oct. 20. Tether, due to its significant role in the cryptocurrency industry, has faced increasing pressure to enhance transparency regarding the reserves backing its USDT stablecoin, a digital asset pegged to the […] The post Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency appeared first on CryptoSlate. дальше »

2023-10-21 17:45


Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again?

The Terra Luna Classic (LUNC) community has voted overwhelmingly, with nearly 60% in favor, to cease the minting and reminting of Terra Classic UST (USTC) tokens. The drastic decision, in a decisive move aimed at rescuing the beleaguered Terra Classic stablecoin, comes in the wake of Terra’s collapse in May 2022, which had sent shockwaves through the crypto market, leaving USTC’s value in shambles. дальше »

2023-9-25 11:30


BALD Meme Coin Suffers Staggering 96% Volume Loss, Borroe Pegged as 2023’s Prime Investment for Crypto Whales

As the BALD meme coin reels from a shocking 96% drop in trading volume, Borroe ($ROE) is capturing the spotlight as one of the best cryptos to buy now. Projected to be 2023’s top investment for savvy crypto enthusiasts, Borroe and its $ROE token offer a contrasting narrative to BALD’s decline. In this article, we’ll […] дальше »

2023-9-5 18:53


Singapore monetary authority releases regulatory framework for G10-pegged stablecoins

The Monetary Authority of Singapore (MAS) announced a regulatory framework for single-currency stablecoins (SCS) regulated in the Asian country, according to an Aug. 15 statement. The financial regulator stated that the regulations would apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar (S$) or any G10 currency whose circulation surpasses S$5 million. дальше »

2023-8-15 11:03


Tether (USDT) Begins to Exploit Circle’s Reserves, Analyst Reports: USDC Might Be Losing the Stablecoin Battle

The world of stablecoins, digital currencies pegged to stable assets like the US dollar, has been in a state of flux. With the rise of decentralized finance (DeFi) and the increasing prominence of stablecoins, understanding the underlying mechanics and strategies of major players is crucial. дальше »

2023-8-7 14:05