2024-6-21 14:46 |
Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington's debt management grow.
Similar to Notcoin - Blum - Airdrops In 2024
2024-6-21 14:46 |
Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington's debt management grow.
Similar to Notcoin - Blum - Airdrops In 2024
Northern Data Group says the financing will strengthen its ability to invest in “the most sophisticated hardware available.” Northern Data AG, a German company focused on Bitcoin (BTC) mining, has secured a €575 million debt financing provided by stablecoin issuer…
2023-11-2 12:45 | |
Paxos has released a transparency report for PayPal's stablecoin, PYUSD, showing it is fully backed by US Treasury debt and cash deposits. An independent audit is planned for later this month. The post PayPal’s PYUSD is Fully Backed, Says Transparency Report appeared first on BeInCrypto.
2023-9-13 18:00 | |
Tether strategically accumulates $72. 5 billion in US Treasury bills, securing a top position globally. Amid China's accelerated sell-off of U. S. debt, Tether's stablecoin, USDT, offers an inflation hedge in emerging markets.
2023-9-5 14:15 | |
The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
2023-7-20 19:16 | |
DAI surpassed BUSD in marketcap because of legal troubles faced by Binance. The integration of rETH as collateral and raised debt ceiling contributed to DAI's growth and stability. DAI, the The post DAI overtakes BUSD in stablecoin race, MakerDAO reaps benefits? appeared first on AMBCrypto.
2023-6-17 11:30 | |
Concerns about a possible U.S. government default have prompted Circle, a prominent stablecoin producer, to adjust its treasury holdings.
2023-5-12 10:17 | |
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults.
2023-5-11 08:35 | |
Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more.
2023-4-30 04:05 | |
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.
2023-1-30 13:09 | |
Paxos, in a new proposal, is asking MakerDAO to promote the use of its USDP stablecoin and increase the USDP Debt Ceiling. MKR has seen increased accumulation in the past few weeks. In a newThe post MakerDAO: New proposal seeks the promotion of USDP and the increment of... appeared first on AMBCrypto.
2023-1-22 07:30 | |
Orthogonal Trading was due to pay back a $10 million USDC stablecoin loan on Dec. 4.
2022-12-6 18:17 | |
Clave will use the credit pool to originate loans to Latin American businesses and consumers.
2022-11-2 18:28 | |
Stablecoin issuers Tether, Circle and others hold more short-term U.S. Treasury Bills than Berkshire Hathaway.
2022-8-26 21:30 | |
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.
2022-8-23 13:19 | |
Celsius appears to have repaid $120 million of its debt to Maker, the DeFi protocol behind the Dai stablecoin, although Celsius is not entirely confirmed to be the payor. Maker...
2022-7-5 01:16 | |
Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform. The DeFi protocol had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI, to $1, meaning their decline did not reflect on […] The post Scream protocol losses millions to stablecoin depeg appeared first on CryptoSlate.
2022-5-17 22:30 | |
The leading stablecoin issuer, Tether, is looking to further reduce its commercial debt holdings, according to Tether and Bitfinex CTO Paolo Ardonio. “Over time, we will keep reducing the commercial paper, we aren’t finished yet with the reduction.
2022-4-15 22:20 | |
The Ongoing DeFi boom has the Maker community voting for increasing the debt ceilings for DAI. “The farming craze has taken another turn with the start of YFI farming. Until long term solutions are put in place, the community may want to consider increasing the ETH and USDC-A debt ceilings,” reads the team’s statement. This […]
2020-7-24 16:30 | |
U. S. Dollar-backed stablecoin USD Coin (USDC) is now the latest collateral added to the Maker Protocol. MakerDAO Adds USDC as Third Collateral Decentralized finance (DeFi) project MakerDAO announced the news of the USDC addition to its collateral catalog via a blog post on its website on Tuesday (March 17, 2020).
2020-3-19 02:00 | |
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt.
2020-3-18 02:47 | |
Over a quarter of all the Ether locked in MakerDAO’s collateralized debt positions belongs to a single Ethereum address
2020-1-27 14:25 | |
In a world plagued by banking bailouts, galloping debt and currency devaluations, a solution is needed. Enter decentralized finance, or DeFi, the future of banking where you are the bank. Ethereum is the platform of choice for DeFi, the Dai stablecoin is hitting new highs, and Maker is moving.
2019-11-9 08:00 | |
DAI, the non-collateral based stablecoin, primarily used for lending and borrowing loans on Ethereum based De-Fi network hit its initial revised market cap of $100 million against the $339 million worth of Ether locked as collateral.
2019-11-8 19:59 | |
The Maker Foundation marked an eventful week for the ecosystem after its stablecoin DAI registered a market capitalization of over $100 million on Wednesday. Now, according to MakerDao's official bThe post MakerDao raises debt limit after DAI registers $100M market cap appeared first on AMBCrypto.
2019-11-8 16:00 | |
DAI stablecoin, a non-collateral backed stablecoin that plays an instrumental role in keeping the De-Fi ecosystem moving has touched the 100 million debt cap, which means a total of 100 million DAI token have been minted until now.
2019-11-7 21:51 | |
The Dai stablecoin developed by MakerDAO has hit its 100 million debt ceiling ahead of an upgrade to its collateral protocol
2019-11-7 01:45 | |
Ethereum bears have consistently called DAI an unreliable stablecoin, as the peg is dependent on supply and demand stemming from Collateralized Debt Positions (CDPs) on MakerDAO. Similarly, those leveraging DAI to stack 10-14 percent of interest a year might be worried about the DAI peg collapsing.
2019-9-11 21:00 | |
Bitfinex has reportedly forked over $100 million of a $700 million debt it owes stablecoin issuer Tether, leading some to believe the crypto exchange may have reached its LEO token sale goal of raising $1 billion.
2019-7-2 19:20 | |
A recent report from MakerDAO digs into the growing adoption of the DAI stablecoin. Issuance of DAI may be done through Maker debt contracts, but usage is being leveraged across the Ethereum dApp ecosystem, June 8, 2019.
2019-6-9 15:00 | |
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.
2018-10-16 16:07 | |
If you haven’t heard of Maker, it is a token that is part of a stablecoin system composed of both MKR and DAI. Unlike Tether and other stablecoins, Maker does not rely on banks to provide stability, but instead relies on Collateral Debt Positions (CDPs).
2018-10-9 03:13 | |
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |