2023-11-11 00:27 |
Raft's R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit. origin »
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PayPal USD stablecoin expands to the Cardano ecosystem via a new cross-chain bridge by Wanchain. PayPal USD (PYUSD), a stablecoin issued on Solana and Ethereum chains, can now be accessible on Cardano (ADA) through Wanchain’s interoperability solution, according to a…
In response to U. S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks.
Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin. The USDC (USDC) issuer said in an announcement that the on-chain utility solution Circle Paymaster was now live on…
Circle acquired Hashnote for an undisclosed amount and plans to integrate USYC as collateral on crypto exchanges. Hashnote manages the largest Treasury note money market fund with $1. 2Bn under management.
Mountain Protocol has announced the native issuance of its yield-bearing stablecoin USDM on ZKsync Era. The launch enables ZKsync (ZK) users to leverage the USDM stablecoin in decentralized finance while earning yield from tokenized Treasury bills. According to the Mountain…
Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won…
Bitcoin price resumed its bullish trend and neared its all-time high of $108,200 ahead of Donald Trump’s inauguration and after the encouraging U.S. inflation data.