Circle’s USD Coin is silently closing the gap to Tether

Tether’s dominance as the largest stablecoin in the crypto space is quietly being eroded by the growth of Circle’s USD Coin (USDC), which now controls around 30% of the stablecoin market. The post Circle’s USD Coin is silently closing the gap to Tether appeared first on CryptoSlate. дальше »

329 +

Amber Group Extends Its Foothold in Japan with DeCurret Acquisition

Coinspeaker Amber Group Extends Its Foothold in Japan with DeCurret Acquisition DeCurret is also championing the development of a Japanese Yen-backed stablecoin through a consortium of 70 of the country’s biggest companies and banks. дальше »

326 +

Meta's stablecoin project, Diem now sold - is it a lost cause or a new beginning?

As the regulatory hurdles were getting worse for Meta-backed Diem, Facebook-parent has now abandoned the project for good, as per a recent statement. And, Silvergate Capital has come in to acquire theThe post Meta's stablecoin project, Diem now sold - is it a lost cause or a new beginning? appeared first on AMBCrypto. дальше »

390 +

Mark Zuckerberg’s stablecoin project Diem officially shuts down

Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency.

248 +

Circle's USDC stablecoin gobbles Tether's market share with 50B milestone

The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%.

328 +

Terra's Token Luna Plunges by 25% as Panic Around MIM Stablecoin Aggravates

TIME, MIM and LUNA tokens and coins suffer from Wonderland drama дальше »

338 +

Goldman Sachs clears the air regarding the launch of its 'in-house' stablecoin

Stablecoins provided corporations with the best of both worlds: a stable means of transacting fiat-based value on the blockchain. It’s no surprise that many major corporate conglomerates were investThe post Goldman Sachs clears the air regarding the launch of its 'in-house' stablecoin appeared first on AMBCrypto. дальше »

446 +

PayPal stablecoin: What it could mean for payments

PayPal has confirmed it is exploring a stablecoin. Here’s how experts see the potential impact of a PayPal Coin.

290 +

Users flock to Curve amid lack of stablecoin liquidity on major DEXs

A concentration of stablecoins on a handful of platforms has drained liquidity from others.

275 +

Frax Share added 24% to its value in 24 hours: top places to buy Frax Share now

Frax Share (FXS) is the native token of Frax Protocol, the first fractional-algorithmic stablecoin… The post Frax Share added 24% to its value in 24 hours: top places to buy Frax Share now appeared first on Coin Journal. дальше »

340 +

Facebook Gives Up On Lofty Stablecoin Ambitions As Diem Sells Assets To Silvergate For $200 Million

Facebook’s ambitious cryptocurrency project has met an unceremonious end. Recent reports reveal the Diem Association will be selling the technology behind Diem stablecoin to NYSE-listed crypto bank Silvergate Capital. дальше »

423 +

Celo launches stablecoin pegged to Brazilian real

Celo (CELO/USD), a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users, has launched cREAL, a stablecoin pegged to the Brazilian real, CoinDesk reported. This is the platform’s third stablecoin after cUSD and cEUR, which are pegged to the U. дальше »

314 +

Mark Zuckerberg And Co. Consider Selling Diem / Libra, Their Stablecoin Project

Another one bites the dust. The Diem project is dead, according to Bloomberg. The report comes from anonymous sources and does its best not to assure anything. However, considering the project’s head David Marcus left the company two months ago and Diem’s convoluted history, it’s not hard to believe. дальше »

319 +

Meta's Diem stablecoin project to be sold off amid regulatory bottlenecks

Stablecoins, digital coins pegged to a traditional currency, grew around 450% to approximately $156 billion in 2021 from 2020. Tether remains the largest stablecoin with a market capitalization of >The post Meta's Diem stablecoin project to be sold off amid regulatory bottlenecks appeared first on AMBCrypto. дальше »

415 +

Meta’s Stablecoin Project Diem Reportedly Looking to Sell Off All Assets

Diem, the ambitious stablecoin project launched by Meta – previously known as Facebook – is reportedly considering shuttering its business, Bloomberg reports, January 26, 2022. A Mum End to Diem? Mark Zuckerberg’s Meta is considering selling all of Diem’s assets and returning the capital to investors. дальше »

379 +

Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter

It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.

456 +

VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels

VeChain has followed the general sentiment in the market and it’s currently trading in the green. Its 24-hour profits stand at 7. 8% with VET’s price exchanging hands at $0. 053. Related Reading | VeChain Foundation Announces New Stablecoin, Could It Create Fresh Demand For VET? In a recent video posted on his YouTube channel, analyst Justin Bennett looked into VeChain as the sell-off across the crypto market seems to slow down. дальше »

533 +

Where to buy DAI coin: a stablecoin that stayed put as the crypto market plummeted

The DAI coin has remained relatively stable throughout the ongoing crypto market plunge; something that has caught the attention of most crypto investors especially within the decentralized finance where DAI is mainly used. дальше »

339 +

Stablecoin Issuer Tether Has Recovered Over $87 Million in USDT Sent to Wrong Addresses

Since its launch, Tether, the company behind the top USD-pegged stablecoin USDT has helped recover more than $87 million sent to wrong addresses, The Block reports, January 22, 2022. Tether Has Recovered Over $87 Million in USDT Transferring cryptocurrencies from one wallet to another can be challenging, especially for the more novice traders and investorsRead More дальше »

440 +

$4B non-profit established to stabilize UST stablecoin

With a market cap of more than $170 billion, stablecoin adoption is exploding.

The post $4B non-profit established to stabilize UST stablecoin appeared first on CryptoSlate.

303 +

UST: This latest initiative by Terra's ecosystem is reshaping algorithmic stablecoins

Decentralized stablecoin issuer Terra issued a proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin. Namely across five projects on Ethereum, Polygon and Solana. Terra would pThe post UST: This latest initiative by Terra's ecosystem is reshaping algorithmic stablecoins appeared first on AMBCrypto. дальше »

582 +

Stablecoin Shakeup: USD Coin Overtakes Tether on Ethereum

The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekly report from Arcane Research, USDC has now become the largest stablecoin on the ETH chain, surpassing USDT. дальше »

415 +

Unique Cardano Stablecoin: ADADAO to Hold a Public Sale on KICK.IO

20th January 2022, Tallinn, Estonia – Many seasoned crypto analysts have been taken aback by the recent influx of innovative projects to the Cardano space. However, despite the ecosystem’s vibrancy, one of the factors limiting mass adoption has always been an absence of a reputable, accessible, and volatility-free stablecoin. дальше »

432 +

Cardano-based Stablecoin ADADAO to Hold Public Sale on KICK.IO

The rapid growth of the Cardano Network is something to be reckoned with. However, the absence of a stablecoin is a challenge as many investors are still afraid of the volatility inherent in crypto. дальше »

425 +

Why Hubble Protocol Is The Hottest IDO On The Market This January

Decentralized finance (DeFi) on Solana has been growing at a massive rate. One project to look out for, Hubble Protocol, will be making a huge addition to the DeFi offerings on Solana when it launches a stablecoin borrowing platform (being called “the MakerDAO of Solana”) on Mainnet Beta this January 28th, 2022. дальше »

611 +

BitMEX Group to Acquire One of Oldest Banks in Germany

A large BitMEX-related company plans to buy German Bank Bankhaus von der Heydt, which launched a Stellar-based stablecoin in 2020 дальше »

313 +

USDC supply surpasses USDT on Ethereum

The stablecoin market has seen explosive growth over the past years.

The post USDC supply surpasses USDT on Ethereum appeared first on CryptoSlate.

327 +

USDC Supply on Ethereum Blockchain Overtakes that of USDT

USDC supply on the Ethereum blockchain has eclipsed that of the leading USD-pegged stablecoin USDT. USDC Continues to Gain Traction According to a recent report by The Block, the total supply of the USDC stablecoin on the Ethereum network has overtaken that of USDT for the first time. дальше »

425 +

Tether (USDT) No Longer Dominant Ether-Based Stablecoin: Data

Historical USDC/USDT flippening was spotted yesterday by Nansen's analytical tools дальше »

345 +

Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle

Ark Invest's latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp. дальше »

402 +

Tether freezes three Ethereum addresses holding $150 million in USDT

World’s largest stablecoin issuer Tether has added three more Ethereum addresses to its blacklist that held nearly $150 million worth of USDT.   Being a centralized company, Tether has the authority to freeze accounts comprising dubious funds related to crime and money laundering. дальше »

422 +

Crypto Biz: Here’s what you need to know about CZ’s $96B net worth, Jan. 6–13

Changpeng Zhou is crypto’s biggest billionaire, Bitfarms purchased more than $43M worth of BTC and PayPal plans a stablecoin project. дальше »

350 +

Consortium of U.S. banks looking to launch bank-issued stablecoin

A consortium of United States banks or “an association of FDIC-insured financial institutions” including New York Community Bank (NYCB), NBH Bank, FirstBank, Sterling National Bank, and Synovus Bank is set to launch a “bank-minted” stablecoin with the ticker USDF. дальше »

343 +

Группа американских банков создала консорциум для выпуска стейблкоина

Группа застрахованных FDIC финансовых учреждений USDF Consortium анонсировала планы по созданию сети банков для продвижения эмитируемого ее участниками стейблкоина USDF. We launched the bank-led @USDFConsortium today that is establishing a network of banks to further the adoption and interoperability of the bank-minted USDF™ stablecoin on @provenancefdn. дальше »

277 +

Footprint Analytics: Rapid Expansion of the Stablecoin Market | Annual Report 2021

The second thing most people do after entering the world of blockchain, after buying BTC or ETH, is getting some Tether or USDC. The post Footprint Analytics: Rapid Expansion of the Stablecoin Market | Annual Report 2021 appeared first on CryptoSlate. дальше »

347 +

Hong Kong Monetary Authority aims to oversee stablecoin reserves

Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules.

450 +

Crypto and Fed digital dollar can coexist, says Fed Chair Jerome Powell

Powell says nothing would prevent a well-regulated stablecoin from coexisting with a US CBDC.… The post Crypto and Fed digital dollar can coexist, says Fed Chair Jerome Powell appeared first on Coin Journal. дальше »

317 +

PayPal Draws Closer To Highly-Anticipated Stablecoin Launch As It Looks To Edge Out BTC Transaction Volume

A trail of codes from an internal hackathon hosted in November has revealed possible hints of the plan for Stablecoin adoption by the global payments giant, PayPal. The trail of codes first noticed by Steve Moser, a renowned developer, inside its native iOS application revealed that the company may likely delve into a native Stablecoin […] дальше »

424 +

PayPal is exploring the possibility of launching its stablecoin, but here's the catch

PayPal is a global e-commerce payments platform founded in 1998 by Peter Thiel, Luke Nosek, and Max Levchin. It was originally known as Confinity Inc. The U.S.-based software service merged with Elon The post PayPal is exploring the possibility of launching its stablecoin, but here's the catch appeared first on AMBCrypto. дальше »

475 +

PayPal reportedly confirms plans to explore the launch of a stablecoin

The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser. дальше »

285 +

Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors

The threat of stablecoin regulation and USDT and USDC centralization are making decentralized stablecoins like MIM, FRAX and UST attractive to DeFi investors. дальше »

329 +

PayPal admits development of its own USD-pegged stablecoin

PayPal payment network is exploring the possibility of launching its own stablecoin. Users found proof of work on this project in the PayPal iPhone app code.

247 +

Celsius vs. Hodlnaut: Interest Rates, Fees, Safety Compared

Celsius Network offers a wide range of products and services to help you manage your money, pay bills, or send/receive payments. It also provides an easy-to-use interface that allows users to view their accounts in real-time as well as make transfers between different currencies using its own stablecoin called CELIOS. дальше »

446 +

VeChain анонсировали выпуск стейблкоина VeUSD

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. дальше »

430 +

Top 3 Stablecoin Yield Farming Platforms to Survive This Crypto Winter

Crypto winter is upon us, and chances are crypto markets will continue to trade sideways and experience bearish momentum for the next few months. One of the best ways to hedge against the downward trend is to convert your crypto holdings to stablecoins and lock them on yield farming platforms for guaranteed APY. дальше »

347 +

Vitalik Buterin foresaw stablecoin and defi growth, omits NFT

In most climes, the arrival of a new year is an opportunity to make projections for what the future holds. The post Vitalik Buterin foresaw stablecoin and defi growth, omits NFT appeared first on CryptoSlate. дальше »

365 +

Argentina: 'Crypto-adoption is high, but stablecoin adoption is really high too'

The end of 2021 saw many quarantining at home due to the Omicron variant of the COVID-19 virus. However, Ethereum founder Vitalik Buterin was in Argentina. Following his trip, Buterin shared some thouThe post Argentina: 'Crypto-adoption is high, but stablecoin adoption is really high too' appeared first on AMBCrypto. дальше »

403 +

Will US regulators shake stablecoins into high-tech banks?

U.S. stablecoin issuers might soon face liquidity, customer protection and asset reserve rules — and maybe even a deposit-insurance mandate like banks. дальше »

649 +

The top 3 governance tokens worth your attention on December 29, 2021: MKR, AAVE and 1INCH

Maker MKR/USD is a governance token of the MakerDAO as well as Maker Protocol, which is a decentralized organization and software platform based on the Ethereum blockchain.   Through MKR, users can issue and manage the DAI stablecoin. дальше »

481 +

UST Grows 55x to Become the 4th Largest Stablecoin, Terra DeFi Ecosystem Amasses $18B in Assets

As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone. дальше »

543 +