2023-3-31 02:13 |
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
Similar to Notcoin - Blum - Airdrops In 2024
2023-3-31 02:13 |
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
Similar to Notcoin - Blum - Airdrops In 2024
Key Takeaways $23.6 billion of stablecoins are currently on exchanges, the least since October 2021 45% of stablecoins have fled exchanges in the last four months 61% of USDC has left exchanges in the three weeks since Silicon Valley Bank’s collapse, while 50% of BUSD has evaporated since regulators announced it was to shut down […] The post 45% of stablecoin balance has left crypto exchanges in 4 months, but where has all the money gone? – A Deep Dive appeared first on CoinJournal.
2023-3-28 16:36 | |
The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed.
2023-3-24 19:58 | |
Circle's USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners.
2023-3-11 07:14 | |
The key is to get information from the bank account where the stablecoin’s reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD.
2023-2-22 16:00 | |
Key Takeaways Sam MacPherson of MakerDAO, the creators of the decentralised stablecoin DAI, joins the podcast Sam and host Dan Ashmore discuss the future of the DAI stablecoin following the relations that BUSD will shut down amid the SEC clampdown in the US The duo chat collateral, capital efficiency, centralisation, Tether, USDC, criticisms of DAI, […] The post PODCAST: What does DAI’s future hold post-BUSD? MakerDAO joins the CoinJournal podcast appeared first on CoinJournal.
2023-2-21 18:59 | |
Ripple has defined Central Bank Digital Currencies (CBDCs) as a key priority in its 2023 projections and goals, and already boasts notable collaborations with several countries. As Bitcoinist reported, in mid-January the fintech company landed the southeastern European country of Montenegro to pilot a digital stablecoin.
2023-2-17 12:25 | |
USDC captures 44% of the stablecoin market share, outperforming USDT. Coinbase users convert large amounts of USDC into fiat. Stablecoins have been gaining popularity in recent years, as theThe post USDC outperforms USDT? Key insights on Stablecoin market domination appeared first on AMBCrypto.
2023-2-13 12:30 | |
Arbitrum surpassed Optimism in the number of transactions. Despite growth, decline in active developers and stablecoin network growth raised questions about sustainability. The Arbitrum protThe post Arbitrum passes Optimism in key metric: Can its growth continue? appeared first on AMBCrypto.
2023-2-8 11:30 | |
Key Takeaways Circle issues the USDC stablecoin, the world’s fifth largest cryptocurrency with a market cap of $44 billion Circle announced plans to go public in July 2021 at $4.5 billion valuation This valuation doubled to $9 billion last February, but deal was cancelled in December Crypto needs more public companies to establish legitimacy, our […] The post Crypto needs more public companies – collapse of Circle IPO indicative of industry troubles appeared first on CoinJournal.
2023-1-26 14:42 | |
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
2023-1-24 01:04 | |
A note by central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets after the Canadian Parliament fails to consider legislation.
2022-12-20 00:56 | |
Key Takeaways Coinbase has encouraged customers to dump Tether for USD Coin by waiving fees Binance had delisted USDC pairs last September to push its own stablecoin, BUSD The war between the centralised stablecoins deepens DAI holds the torch for decentralisation but faces uphill battle for relevancy as model seems unscalable The stablecoin war is […] The post Coinbase tell customers to dump Tether, stablecoin war heats up appeared first on CoinJournal.
2022-12-9 16:43 | |
Key Takeaways Circle, issuer of USDC, has cancelled a plan to go public in a $9 billion deal Public listing could have presented USDC as the anti-Tether, pushing a fully transparent and audited angle Cancelled deal reflects pulldown in prices across the board Circle remain determined to go public eventually, but in the interim, will […] The post Circle plan to go public is cancelled.
2022-12-7 14:15 | |
Tether, the firm behind USDT, the largest stablecoin made some key changes to its asset reserves. On 3 October, Chief Technology Officer (CTO) Paolo Ardoino informed the Tether community about the chaThe post This Tether update may finally bear some good results in the weeks to come appeared first on AMBCrypto.
2022-10-5 23:30 | |
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.
2022-9-30 06:03 | |
The much-talked-about fight between the stablecoins continues to see new daylight. Especially, with the ongoing feud between USD Coin (USDC) and Tether’s (USDT). Some analysts even say that the formThe post USDC to surpass USDT as largest stablecoin? This report could be key appeared first on AMBCrypto.
2022-7-28 22:30 | |
Key U.S. Lawmakers delay bipartisan bill to mitigate stablecoin risks to at least Sep. 2022. The post Bipartisan Stablecoin Bill to Be Delayed Until September 2022 appeared first on BeInCrypto.
2022-7-27 22:15 | |
Regulatory spotlight on the crypto sector has increased over the past few months following the unfortunate events around the collapse of the Terra stablecoin and dramatic fall of some major centralised finance (CeFi) companies.
2022-7-19 18:06 | |
The European Central Bank (ECB) has called for urgent action in the move to establish effective regulation in the stablecoin market, noting that a lack of such measures could portend risks to financial stability.
2022-7-12 19:03 | |
Blockchain analysis firm Nansen identifies two major takeaways following Terra's UST algorithmic stablecoin collapse.
2022-5-28 14:04 | |
The current cryptocurrency landscape, although fast-growing, is still noticeably far from being the inadvertent choice in finance for the average Jane and Joe. Among the few barriers to entry that linger in the crypto space for newbies, price fluctuation (volatility) is a key hurdle to overcome.
2022-4-15 15:23 | |
Stablecoin management DeFi platform Neutrino emerges as the key factor behind WAVES' ongoing price rally.
2022-3-30 18:41 | |
Stablecoin regulation is one of the key issues in the President’s Working Group on… The post Treasury official calls for “urgent” stablecoin legislation from US Congress appeared first on Coin Journal.
2022-2-9 00:23 | |
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.
2022-1-26 01:00 | |
A month ago, when XRP's price remained stagnant around the $1-mark, people from the space had started equating the crypto to a stablecoin. Post that episode, however, XRP registered a 42% spike on itsThe post Whales might be key to XRP's intended breach of $1.5 appeared first on AMBCrypto.
2021-11-18 19:30 | |
The US Securities and Exchange Commission (SEC) is about to play a leading authority role when it comes to proposing legislation and overseeing the stablecoin sector, Bloomberg recently reported, citing anonymous sources.
2021-10-28 23:00 | |
Hedera Hashgraph just announced that it added USD Coin (USDC/USD) to its network. The dollar-backed stablecoin is of great importance for the network, which says that it sees it as a key building block for DeFi and payment use cases in the crypto economy.
2021-10-19 18:11 | |
Are you looking for a smart way to enjoy price stability in blockchain? Then meet DAI at 1xBit – an Ethereum-based stablecoin with its value of 1 USD, the key in the MakerDAO lending system. DAI is the 31st cryptocurrency added to the constantly growing list of supported cryptocurrencies at 1xBit.com. What makes DAI so […]
2021-7-6 19:34 | |
According to Tether’s official transparency page, its dollar-backed stablecoin has crossed the $18 billion market capitalization mark for the first time. A key source of liquidity for exchanges and crypto traders worldwide, Tether is the largest stablecoin in the market.
2020-11-16 17:33 | |
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
2020-5-23 22:35 | |
Neutrino, a stablecoin protocol based on the Waves blockchain, announced today that four months after the public beta launch, the stablecoin project has reached a key milestone; with $5 million worth of WAVES now having been deposited to the smart contract to generate USDN.
2020-3-7 21:21 | |
Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
2020-1-28 00:05 | |
Libra Dev just released the second roadmap for Libra Core, the software that powers the Libra network. As part of Libra's roadmap, the developers of the upcoming stablecoin rollout will focus on threeThe post Libra Dev releases second roadmap; focuses on key protocol priorities appeared first on AMBCrypto.
2019-12-19 20:45 | |
Anyone who has been paying attention shouldn’t be surprised to hear that Facebook’s Libra stablecoin project isn’t in the greatest of places. After all, Libra just lost some of its key members, eBay and MasterCard, among others, as BeInCrypto has previously reported.
2019-10-21 03:18 | |
Bitcoin (BTC) had greater probability of rallies when exchange wallets marked net inflows of stablecoins. This is yet another evidence that the crypto markets are widely affected by the movement of several key dollar-pegged assets, but mostly Tether (USDT).
2019-10-3 16:00 | |
Switzerland’s financial watchdog issues new stablecoin guidelines, outlines its requirements for the Libra Association’s proposed stablecoin payments network
2019-9-11 11:02 | |
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch
2019-9-3 13:33 | |
No matter which way you look at it, Tether will always occupy center stage while Bitcoin is in the limelight following its price surge. With the collective community noticing a trend in the market capitalization of USDT and the price rise of BTC, coupled with the slew of controversies surrounding the stablecoin, one key part […] The post Tether tops the list on institutional usage despite ongoing backing irregularities appeared first on AMBCrypto.
2019-6-23 16:30 | |
By CCN Markets: The whitepaper of Libra, a crypto asset created by a non-profit organization in Libra Association led by Facebook has been formally released, disclosing key details of the digital asset and the blockchain protocol that supports it.
2019-6-18 13:51 | |
Binance confirms the status of the market leader, as it was already more than once. Now CZ (Changpeng Zhao) has announced the launch of his own stablecoin BGBP, backed by the British pound. Bet on Brexit Most experts agree that it is Binance and its CEO CZ that in 2019 play the key role on […]
2019-6-5 14:50 | |
Most traders group Dai together with Tether (USDT) or TrueUSD (TUSD), dollar-backed tokens that provide shelters from the volatile prices of most other digital assets. The key distinction is that Dai is backed by Ether (ETH) tokens, rather than actual US dollars.
2019-6-3 20:26 | |
By CCN: Speaking to CCN, Bitfinex CTO Paolo Ardoino stated that Tether, the world’s largest stablecoin in market valuation, is launching on the EOS blockchain protocol. The launch of Tether on EOS follows its release on the TRON blockchain network in April.
2019-5-31 12:46 | |
The firm behind Maker [MKR], and crypto-collateralized stablecoin DAI project, have disclosed a key issue with respect to its internal governance voting contract. Revealed in a Reddit post, the Maker Foundation stated that this finding will result in a “need to make a critical update.
2019-5-7 16:30 | |
Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement.
2019-4-26 19:55 | |
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
Stablecoins, despite their perceived lack of viability, are quickly becoming an emerging part of the cryptocurrency market. However, some projects like Tether (USDT) or the Winklevoss Twins’ Gemini Dollar, are at odds with one another regarding their respective missions.
2018-10-25 16:53 | |
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |