Cardano heads further south amid stablecoin launch. What holds for the token next?

The first stablecoin on Cardano (ADA/USD) has been launched. The USD-based stablecoin, iUSD, was launched by the decentralised synthetic asset issuance protocol, Indigo. The launch of iUSD comes two months after Cardano’s hard fork that allowed the building of dApps on the blockchain. дальше »

305 +

Cardano Sets New Milestone as First Stablecoin Launches

iUSD, USD-based stablecoin, has launched on Cardano дальше »

270 +

Cardano to launch new algorithmic stablecoin in 2023

'Djed' is set to go live in Jan. 2023, after a successful audit and a series of rigorous stress tests

378 +

Tether withdrew $1 billion USDT from the Solana blockchain as part of the swap

Tether announced a swap, as a result of which the company converted $1 billion USDT stored on the Solana blockchain, transferring its stablecoins to Ethereum The issuer of the USDT Tether stablecoin announced the commission of a large-scale swap between blockchains. дальше »

761 +

Cardano to Get First USD-Backed Stablecoin by 2023, With New Privacy Blockchain and Token

Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the proof-of-stake network in the first quarter of 2023. дальше »

362 +

CryptoSlate Wrapped Daily: Eyes turn to Grayscale Bitcoin Trust after FTX collapse; Cardano to launch fiat-backed stablecoin in 2023

The biggest news in the cryptoverse for November 18 includes fears of Grayscale Bitcoin Trust being in trouble, Bahamas’ order for FTX to transfer its digital assets, and SafePal’s 125% spike as a result of the increasing popularity of non-custodial wallets. дальше »

369 +

Emurgo launching Cardano (ADA) stablecoin USDA in Q1 2023

Cardano developer Emurgo will issue the first USD-backed stablecoin for the Cardano (ADA) ecosystem in Q1 2023, according to a press release on November 18, 2022. Emurgo unveils USDA Emurgo, the official commercial arm and a founding entity of the… дальше »

330 +

Tether Ditches Solana, Performs $1 Billion USDT Swap

In a backward move for the Solana ecosystem, stablecoin issuer Tether is set to swap 1 billion USDT on Solana for ERC20 tokens for use on Ethereum The post Tether Ditches Solana, Performs $1 Billion USDT Swap appeared first on BeInCrypto. дальше »

503 +

Cardano’s Self-Regulated Stablecoin Set for Launch in Early 2023 — Is ADA Ready For A Go At $1?

346 +

Cardano (ADA) Stablecoin USDA to be Launched by Emurgo's Anzens

Cardano's (ADA) fiat-backed and fully regulated stablecoin USDA is set to go live, why is this crucial? дальше »

339 +

Circle CFO says USDC is operating ‘as expected’

Circle’s Chief Financial Officer Jeremy Fox-Geen has released an update on the operations of the company’s stablecoin USD Coin (USDC). Fox-Geen’s statement is a response to the market turmoil following the collapse of crypto exchange FTX. дальше »

315 +

Tether clarifies that Alameda’s USDT holdings pose no risk

Tether has asserted that Alameda's collapse does not affect the company or its stablecoin, USDT, adding that the USDT with the beleaguered trading firm posed no threat. дальше »

318 +

Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023

USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem, Emurgo said. дальше »

304 +

Why Binance And Top Crypto Exchanges Halt Transactions With Solana Stablecoins

Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem. дальше »

345 +

XRPL welcomes stably USD stablecoin on its platform

A Seattle-based web3 payment company that also runs a stablecoin-as-a-service platform, Stably Corporation, has announced the launch of its stablecoin on the XRP Ledger. The stablecoin, Stably USD, is listed under the ticker $USD on XRPL, a decentralized blockchain. Stably… дальше »

422 +

First XRPL-Based USD Stablecoin (USDS) Launched with SEC-Qualified Custodian

Stably Corporation has issued USD-backed stablecoin on XRP Ledger дальше »

298 +

JPMorgan: The Shrinking Stablecoin Market Is Another Sign of Investors’ Exodus From Crypto

It’s difficult to see a sustained recovery in crypto prices without stablecoin outflows stopping, the report said. дальше »

326 +

Senator Gillibrand of New York hopes stablecoin legislation will prevail

According to recent reports, Sen. Kirsten Gillibrand, one of the Senate’s most pro-crypto Democrats, said she hopes a regulatory bill will be initiated in the coming weeks. Last-Ditch stablecoin regulations to emerge this year Sen. Kirsten Gillibrand (D-NY) said that… дальше »

405 +

Tether says it has no exposure to Genesis Global or Gemini Earn

The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency. дальше »

378 +

US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year

Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year. дальше »

375 +

DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Osmosis

MakerDAO’s new tech, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s jam-prone base layer. дальше »

416 +

Ripple CBDC Hackathon Concluded, Here Are Winners

RippleX, platform that coordinates development of XRPL-based solutions, announces winners of multi-month competition of stablecoin projects дальше »

279 +

Circle’s USDC issuance falls 3 billion from Binance stablecoin conversions

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX. дальше »

233 +

AAVE investors looking for short-term profits must target these levels

Aave retests $56.6 support level  Whales double down their stablecoin holding in favor of Aave in the last two days  AAVE broke previous support levels and showed strong bearish momentum iThe post AAVE investors looking for short-term profits must target these levels appeared first on AMBCrypto. дальше »

365 +

Companies will be able to accept payments to the USDC via Apple Pay

Circle, the issuer of the USDC stablecoin, has announced the integration of the Apple Pay mobile payment system for its partners who want to increase sales by introducing new payment methods. The Circle team posted the news about this on their blog on November 15. дальше »

302 +

USDC Stablecoin Issuer Circle Says Businesses Can Accept Apple Pay

The addition will help crypto businesses by making it easier to take payments, the company said. дальше »

318 +

FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

Some $27 million worth of ether was converted to the DAI stablecoin, while funds on the BNB Chain were converted to ether and bridged to the Ethereum network. дальше »

241 +

Binance Users Withdrew $1.35B of Bitcoin in Days Following FTX Collapse

Cryptocurrency exchange Binance experienced record levels of bitcoin, ethereum and stablecoin outflows over the weekend after the collapse of FTX. дальше »

286 +

USDP Stablecoin Makes It to Top 50, Who's Next?

As markets are collapsing, more and more stablecoins are increasing their market shares: Meet most promising newbies дальше »

281 +

$46 million of USDT embargoed on FTX by Tether due to legal request

Following sanctions from legal authorities, stablecoin issuer Tether has confiscated around $46 million worth of USDT on the Tron blockchain network. The wallet address currently holding the stablecoins is suspected to be owned by the defunct cryptocurrency exchange FTX. Tether… дальше »

588 +