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Waves’ Neutrino USD (USDN) stablecoin de-pegs to $0.94

Neutrino USD (USDN), an algorithm stablecoin just like the TerraUSD, has fallen below its US dollar peg to trade as low as $0.8 today. The stablecoin is part of Waves blockchain ecosystem. Following the de-pegging, Colin Wu, a crypto analyst, has reported that the Curve pool for the USDN stablecoin (the USDN-3 pool) is now […] The post Waves’ Neutrino USD (USDN) stablecoin de-pegs to $0.94 appeared first on Invezz. дальше »

2022-5-14 18:45


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UST Woes Threaten The Trust Of Algorithmic Stablecoins

Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With recent crypto price volatility and the stablecoin losing its peg to the dollar again, The Block’s Research Vice President Larry Cermak urged Terra to collateralize the stablecoin as he fears […] дальше »

2022-5-11 15:02


Decentralized Currency Carry Trading- The trading opportunities for non-USD stablecoins and NZDS grow

The Decentralized Forex and non-USD stablecoin ecosystem is bubbling. New well-funded protocols are launching across platform blockchains, and volumes on incumbent protocols like DFX are surging. This article explores how traditional forex strategies like carry trading can work in DeFi and specifically with the New Zealand Dollar stablecoin. дальше »

2022-5-3 03:00


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US lawmakers propose a bill to bring transparency to stablecoin reserves

Stablecoins have been a target for lawmakers and regulators in the United States. The two have debated the risks that stablecoins pose to the financial sector and the US dollar’s value. Two US lawmakers have joined hands to introduce a bill that will bring transparency to the reserves held by stablecoin issuers. дальше »

2022-4-5 18:39


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Rupiah Token (IDRT) Stablecoin Got Listed on Instant Cryptocurrency Exchange Service Changelly

Rupiah token (IDRT), the most adopted Indonesian stablecoin, got listed on the non-custodial cryptocurrency instant exchange Changelly. com. The token backed by Indonesian national currency is now available for instant exchanges from and into 150+ cryptocurrencies listed on the Changelly platform and can be purchased with a bank card for US dollar (USD), Euro (EUR) andRead MoreRead More. дальше »

2020-4-30 19:00


Algorand’s PoS Blockchain Launches First Stablecoin In Partnership With Tether’s USDt

Tether has teamed up with Algorand to issue the US dollar pegged USDT on the proof-of-stake (POS) DLT platform, Cointelegraph reports. In a press statement issued on Monday Feb. 10, Tether said that it aims at taking advantage of the innovative aspects of the blockchain which are present on Algorand 2.0 like immediate confirmation of […] дальше »

2020-2-10 22:40


Pornhub adds support for Tether following PayPal’s ban last year

Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year. Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4. дальше »

2020-1-23 19:06