2022-3-13 01:53 |
High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention.
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Tether’s CEO clarified the firm's position on an official blockchain USDT hit a new high of $120B, reinforcing its position in the stablecoin sector Tether CEO Paolo Ardoino is in the newsThe post ‘Neutrality is important’ - Tether CEO refutes claims of building ‘Tether chain’ appeared first on AMBCrypto.
Are stablecoin reserves holding back liquidity flows into Bitcoin? Bitcoin ETFs have grown significantly lately and might have influenced the crypto's price too Stablecoins play a vital roleThe post Bitcoin and the risk of stablecoin liquidity shortage - Holders should know THIS! appeared first on AMBCrypto.
VanEck’s head of digital assets research, Matthew Sigel, criticized a recent US Treasury Department’s views on digital assets in a recent report, claiming it had an anti-stablecoin stance based on outdated academic views.
Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol’s governance token as the community prepares to vote on whether to revert its brand or not on Nov.
Tether Limited reported $2. 5 billion in net profit for the third quarter, bringing its year-to-date profits to a record-breaking $7. 7 billion. The firm’s strong third-quarter numbers were primarily boosted by its gold holdings, which amount to roughly $5 billion, recording $1.
The company's flagship stablecoin USDT is the third-largest cryptocurrency with a $120 billion market capitalization.
Injective has announced the launch of Agora’s AUSD stablecoin on the mainnet. AUSD reserves are backed by VanEck and custodied by State Street. AUSD Injective’s first native stablecoin and will be key to the blockchain network’s DeFi ecosystem.