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New data regarding stablecoin activity says this about the market sentiment
The crypto market is facing a testing start to May. With the Feds announcement, the market has faced two major dips already with the latest being a 3.7% dip. Amidst this, there has been yet another stThe post New data regarding stablecoin activity says this about the market sentiment appeared first on AMBCrypto. дальше »
2022-5-9 06:30 | |
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'Revolution' Promised by Tron's Justin Sun Looks Like Clone of Terra's Algorithmic Stablecoin
Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but Tron’s lackluster track record of luring people to use its blockchain raises doubts. дальше »
2022-5-5 00:16 | |
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Blindex Protocols Integrate RSK With Two New Stablecoins
Blindex, a multi-currency fractional algorithmic stablecoin protocol is elated to announce the launch of its two algorithmic stablecoins, $bGBP and $bXAU, becoming the latest protocol to integrate the Rootstock (RSK) ecosystem. дальше »
2022-4-25 19:34 | |
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Tether latest reserve attestation shows slash in commercial paper
Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures. Tether slashes commercial paper holdings The USDT issuer has reduced its reserves allocation to commercial paper by over 20%. дальше »
2022-2-24 21:00 | |
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Polygon's stablecoin protocol QiDAO suffers $13 million exploit on third party contract
The latest cryptocurrency hack has targetted Polygon's native stablecoin protocol Qi DAO, as its Suplerfluid vesting contract faced an exploit earlier today. The hackers got away with a reported $13 mThe post Polygon's stablecoin protocol QiDAO suffers $13 million exploit on third party contract appeared first on AMBCrypto. дальше »
2022-2-8 22:30 | |
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UST: This latest initiative by Terra's ecosystem is reshaping algorithmic stablecoins
Decentralized stablecoin issuer Terra issued a proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin. Namely across five projects on Ethereum, Polygon and Solana. Terra would pThe post UST: This latest initiative by Terra's ecosystem is reshaping algorithmic stablecoins appeared first on AMBCrypto. дальше »
2022-1-21 00:30 | |
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Stablecoin Shakeup: USD Coin Overtakes Tether on Ethereum
The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekly report from Arcane Research, USDC has now become the largest stablecoin on the ETH chain, surpassing USDT. дальше »
2022-1-21 22:00 | |
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Ripple joins hands with Palau for 'world’s first government-backed stablecoin'
The island nation of Palau is the latest country to announce a partnership with Ripple. The collaboration is set to explore the country's strategy for a national digital currency with the XRP Ledger (The post Ripple joins hands with Palau for 'world’s first government-backed stablecoin' appeared first on AMBCrypto. дальше »
2021-11-24 09:30 | |
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Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC
Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »
2021-10-1 18:12 | |
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Mastercard Floats Simplified Stablecoin Settlements for Businesses
Global payment giant Mastercard has announced significant upgrades to its crypto acceptance protocols, removing long-standing bottlenecks for cryptocurrency to fiat conversion. The company is the latest in the legacy payment arena to increase its focus on virtual currencies as demand for digital currency settlement options continues to increase. дальше »
2021-7-21 04:00 | |
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MahaDAO Picks Ethereum Layer 2 Polygon for Its Valuecoin ARTH
Indian blockchain infrastructure protocol MahaDAO is the latest to launch on a Layer 2 network, announcing its deployment on Polygon (formerly known as Matic). MahaDAO’s ARTH algorithmic stablecoin will go live on the Polygon network, a framework for building and connecting ethereum-compatible blockchain networks, on June 22. дальше »
2021-6-13 16:30 | |
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BoE Seeks Same Regulatory Oversight For Stablecoin As Fiat In Latest Discussion Paper
Discourse surrounding crypto assets and digital currencies are heating up, and the latest to air its view is the UK's Bank of England. Digital Money Fostering ‘Pertinent Questions’ In a discussion paper published on June 7, the Bank of England (BoE) gave its two cents about what it termed new forms of digital money, covering […] The post BoE Seeks Same Regulatory Oversight For Stablecoin As Fiat In Latest Discussion Paper first appeared on BitcoinExchangeGuide. дальше »
2021-6-7 21:15 | |
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Avalanche (AVAX) the Latest Blockchain to Issue Tether (USDT)
High-performance, scalable smart contract platform Avalanche is the latest to host USDT. USDT Launches on Avalanche Stablecoin issuer Tether (USDT) is primed to launch its famous dollar-pegged digital currency on Avalanche (AVAX). дальше »
2021-5-18 01:00 | |
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Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States
Diem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with its focus scaled back to the United States. The company stated earlier this year that it would be relocating its primary operations from Switzerland back to the United States, and would withdraw its payment system […] дальше »
2021-5-17 02:59 | |
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Visa Picks Ethereum Over Facebook Libra to Settle Payments; ETH/USD Up
Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment services provider to have […] дальше »
2021-3-29 15:58 | |
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Fei Protocol Genesis to Birth Latest Decentralized Stablecoin
According to the Fei team, the genesis event will occur on March 22 and will run for three days. Those wishing to participate in the event will need to pledge ETH to bootstrap the Protocol Controlled Value (PCV). дальше »
2021-3-8 10:15 | |
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Major Russian Bank Sberbank Files Application to Launch Its Own Stablecoin — Possibly Pegged to the Fiat Ruble
A major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin. дальше »
2021-1-27 10:45 | |
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Facebook-Led Libra Rebrands to ‘Diem’ in Attempt for a ‘New Start’ & Gain Regulatory Approval
Facebook has rebranded its stablecoin project Libra as “Diem” in its latest effort to gain regulatory approval. The new name comes after the Latin word “day” — denoting “a new day for the project. дальше »
2020-12-2 19:51 | |
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Blockchain Bites: Bitcoin All-Time High Puts It on Pace for Highest Monthly Close
PLUS: Anonymous developers have forked a seemingly dead project to launch DeFi’s latest stablecoin. дальше »
2020-12-1 20:05 | |
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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra
The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra. дальше »
2020-11-26 02:01 | |
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Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. дальше »
2020-11-19 13:15 | |
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Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. дальше »
2020-11-14 17:15 | |
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Stellar (XLM) price explodes 10% as it approaches $0.09
Stellar (XLM) price is trading nearly 10% higher on the day after the buyers forced a break of the daily resistance line at $0. 0844. The latest news that Stellar will become the third blockchain to support the USDC stablecoin have continues to drive XLM price higher. дальше »
2020-10-19 17:00 | |
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Here’s why Tether (USDT) could overtake Ethereum by 2021
Tether (USDT), the world’s largest stablecoin by market cap, could reach a valuation higher than Ethereum in 2021, the latest issue of Bloomberg’s Crypto Market Outlook suggested in a report earlier this month. дальше »
2020-10-16 16:00 | |
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FSB Publishes 10 High-Level Recommendations to Regulate ‘Global Stablecoins’
The Financial Stability Board (FSB) has released 10 high-level recommendations for regulation, supervision, and oversight of “global stablecoin” in its latest report on Tuesday. The international body that monitors and makes recommendations about the global financial system says global stablecoins must adhere to all applicable regulatory standards before commencing operation. дальше »
2020-10-15 19:23 | |
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Crypto Long & Short: The OCC’s Stablecoin Statement Is a Seed of Financial Innovation
Noelle Acheson talks about how the latest OCC statement that says banks can support stablecoin reserves is an innovation trigger in disguise. дальше »
2020-9-29 04:51 | |
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How Dai is Dominating the World of NFTs and Digital Art
This week’s DeFi frenzy has been all about non-fungible tokens (NFTs) and digital art. Recent findings have indicated that the Dai stablecoin is at the center of it all. The monumental surge in MEME prices and influencer shilling of SHROOM has catalyzed the latest DeFi fad consisting of NFTs and crypto collectibles. дальше »
2020-9-25 11:15 | |
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Blockchain Bites: BTC on Ethereum, DeFi’s Latest Stablecoin, the Currency Cold Wars
Mick Mulvaney joined the Chamber of Digital Commerce, Origin launched a stablecoin and DeFi Pulse fixed a bug. дальше »
2020-9-24 19:47 | |
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Circle & Coinbase’s USDC Hits $2B Market Cap; Launches Fund For Stablecoin-Backed Ventures
In a blog post this Wednesday, Coinbase Ventures, the investment arm of Coinbase, issued a ‘Request For Startups’ funding pool to pull developers to build USDC-backed projects. According to the statement, Coinbase is celebrating the latest milestone by USDC, a stablecoin built by Center, a collaboration between Coinbase and payments provider, Circle. дальше »
2020-9-17 17:30 | |
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Latest DeFi Flavor ‘Pickle’ Aims to Alleviate Stablecoin Volatility
New DeFi yield farming platforms have been coming thick and fast over the past month or so with new opportunities popping up almost every day. The latest offering garnering attention is Pickle Finance which aims to help mitigate the relative instability in stablecoins. дальше »
2020-9-16 12:35 | |
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Coinbase & Circle’s USDC Stablecoin Now Available on Algorand Blockchain; Up to 1000 TPS
Center Consortium, a blockchain group led by payments firm Circle, and the largest crypto exchange in North America Coinbase, announced the addition of Algorand (ALGO) as the latest blockchain to host its USDC stablecoin. дальше »
2020-9-10 16:21 | |
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No Audits, No Problem: DeFi Stablecoin YAM Attracts Over $100 Million
The DeFi craze continues despite a slight dip across the cryptocurrency market. The YAM algorithmic stablecoin is the latest fad, quickly attracting millions of dollars from liquidity miners. Stablecoin Worth... дальше »
2020-8-12 06:51 | |
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Tether Prints $300 Million, While XRP Reclaims Third Spot
Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. дальше »
2020-7-30 12:15 | |
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Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop
The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between March 12 and the first […] The post Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop appeared first on Bitcoin News. дальше »
2020-7-19 16:30 | |
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Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features
With over 11 Million Bitcoin. com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the stablecoin honestcoin (USDH). дальше »
2020-7-8 18:01 | |
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Tether Relentlessly Prints Another 80M USDT Despite Mounting Criticism
The Tether Treasury has issued another 80M USDT in what now seems like a normal daily occurrence. Tether is now on track to soon hit $8 billion in total USDT with its latest issuances. However, critics of the unaudited stablecoin are only getting louder. дальше »
2020-5-2 13:10 | |
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MakerDAO (MKR) Adds USD Coin (USDC) as Collateral Following $4M Bad Debt
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). дальше »
2020-3-19 02:00 | |
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Shopify Becomes Latest Member of Facebook Libra Association
E-commerce giant, Shopify, has become the newest member of the Libra Association, following the departure of some members. While this may be a win for Facebook’s Libra Association, the status of the Libra stablecoin remains cloudy. дальше »
2020-2-22 22:00 | |
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Shopify Joins Facebook-led Libra Association To Help Build Stablecoin Payment Network
E-commerce platform Shopify has announced that it has joined the Libra Association. This means that the online shopping firm is the latest entrant of the Facebook-led stablecoin project. The entry of Shopify into the association comes barely a month following Vodafone’s pull out with the aim of developing its solo virtual payments platform. This marks […] дальше »
2020-2-22 20:48 | |
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Tether Begins Monitoring Traders With Chainalysis Tracking Tool
Stablecoin giant Tether (USDT) is the latest crypto firm to adopt anti-money laundering (AML) tracking solutions from blockchain forensics firm Chainalysis. Tether Partners with Chainalysis Chainalysis announced the news of the deployment in a press release issued on Wednesday (February 12, 2020). дальше »
2020-2-13 15:50 | |
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