Tether Set To Launch Stablecoin Pegged To The British Pound

Tether Operations Limited, the Hong Kong-based firm behind the largest stablecoin by market capitalization, USDT, has revealed plans to launch another stablecoin dubbed GBPT. The token is expected to be pegged to the British Pound Sterling at a 1:1 ratio. дальше »

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Tether to issue new stablecoin pegged on British Pound

Tether, the issuer of leading and largest US dollar-pegged stablecoin USDT, has announced plans to launch another stablecoin, the company said on Wednesday. The new offering will be pegged on the British Pound, the firm said, with the ticker symbol GBPT. дальше »

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Tether Launches Stable British Pound Sterling GBPt

Stablecoin pegged to British pound officially announced by Tether дальше »

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Tether to Issue Sterling-Pegged Stablecoin, GBPT

Stablecoin issuer Tether plans to launch a new coin that is pegged to the British pound in July. дальше »

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Tether to launch GBPT stablecoin pegged to British pound sterling

Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. дальше »

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First Mover Asia: Bitcoin Holds Steady Over 20K; USDC's ‘Flippening’ of USDT and the Continued Stablecoin Bear Market

Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg. дальше »

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First Mover Asia: Bitcoin Holds Steady Over 20K, USDC's ‘Flippening’ of USDT and the Stablecoin Bear Market

Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg. дальше »

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U.S. Fed says recent strain highlights ‘structural fragilities’ in stablecoin sector

The Federal Reserve views stablecoins as an area of concern due to the recent strain on the digital assets, noting that this has highlighted the “structural fragilities in that rapidly growing sector. дальше »

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Tether Prepares Full Audit to Improve USDT Reserves Transparency

Tether, the world's largest stablecoin with $68 billion in assets, will undertake a full audit with a top 12 accounting firm in order to improve transparency on its USDT reserves. The post Tether Prepares Full Audit to Improve USDT Reserves Transparency appeared first on BeInCrypto. дальше »

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USDC v. USDT - Is this stablecoin nearing its 'Circle' of life?

The stablecoin market, like the rest of the cryptocurrency ecosystem, continues to see new updates every day. Things changed rapidly, especially after TerraUSD [UST] came into the picture only to crasThe post USDC v. дальше »

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USDC could replace Tether despite skeptics

For a long time, Tether has been the biggest stablecoin in the market. Its…

The post USDC could replace Tether despite skeptics appeared first on CoinJournal.

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CoinShares: Ситуация с stETH не похожа на случай с Terra

Отвязка «стейкингового эфира» в Lido Finance отличается от ситуации с утратой Terra USD паритета с долларом США. К таким выводам пришли аналитики CoinShares. Is the decoupling of Lido staked ETH another stablecoin collapse? Our analyst @marcarjoon explores the risks and rewards of the liquid staking service and why no silver bullet solution has yet been offered. Click here […] дальше »

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Record stablecoin market share points to crypto upside: JPMorgan

Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs. дальше »

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Аналитики призвали не сравнивать дисконт stETH и крах Terra

Отвязка «стейкингового эфира» в Lido Finance отличается от ситуации с утратой Terra USD паритета с долларом США. К таким выводам пришли аналитики CoinShares. Is the decoupling of Lido staked ETH another stablecoin collapse? Our analyst @marcarjoon explores the risks and rewards of the liquid staking service and why no silver bullet solution has yet been offered. дальше »

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Tron price prediction: TRX forms a break and retest pattern

Tron price is attempting to bounce back even as the USDD stablecoin continues losing… The post Tron price prediction: TRX forms a break and retest pattern appeared first on CoinJournal. дальше »

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One Week Later, TRON’s Terra Ripoff Is Still Worth Less Than a Dollar

The TRON stablecoin USDD is meant to track the price of the dollar, but its struggled to maintain its peg over the past week. TRON Stablecoin Faces Depeg Issues TRONs... дальше »

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Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

The decoupling of ether (ETH) and Lido Finance’s staked ether (stETH) is not equivalent to the breaking of the link between terraUSD (UST) and the dollar, and isn’t an example of a stablecoin collapse, according to CoinShares. дальше »

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MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions

MakerDAO, one of the oldest DAOs, has suspended its DAI stablecoin from being minted and deposited into Aave’s lending platform. The post MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions appeared first on BeInCrypto. дальше »

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Terra Developer Hit with Lawsuit

Illinois resident Nick Patterson has sued Terraform Labs and venture capitalists over promotion of the failed stablecoin project дальше »

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LUNA and LUNC: A fight on the legal front, but what of the price front?

In light of regulatory actions following the collapse of Terra’s LUNA and its UST stablecoin, holders of these crypto-assets now seek compensation for their losses. On 13 June, a class-action lawThe post LUNA and LUNC: A fight on the legal front, but what of the price front? appeared first on AMBCrypto. дальше »

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BIS to launch market intelligence platform amid stablecoin, DeFi collapse

BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects. дальше »

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Bitcoin's street cred in the face of a bear market has been pretty...

The crypto bears have been in full swing recently without any respite. All major cryptocurrencies are resting in red with the stablecoin massacre now raining over MIM [Magic Internet Money]. UST has vThe post Bitcoin's street cred in the face of a bear market has been pretty... appeared first on AMBCrypto. дальше »

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Will Magic Internet Money [MIM] become the latest domino to fall

The latest victim of the crypto crash looks set to be Abracadabra’s a U.S. dollar-pegged stablecoin Magic Internet Money (MIM). The talks of the de-pegging started to spread on 17 June. However, theThe post Will Magic Internet Money [MIM] become the latest domino to fall appeared first on AMBCrypto. дальше »

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Fed Sounds Alarm on “Recent Strains” in Stablecoin Market

Stablecoins pose a risk to the financial system due to their lack of transparency and often lack of safe reserves, according to a new Federal Reserve report. Federal Reserve Highlights... дальше »

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Tether: With UST gone and USDD struggling, is USDT next in line

With UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up pressure on stablecoins recently aThe post Tether: With UST gone and USDD struggling, is USDT next in line appeared first on AMBCrypto. дальше »

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This Week In DeFi – June 17

To the DeFi community, This week stablecoin issuer Circle has announced the launch of Euro Coin (EUROC), a new stablecoin […] The post This Week In DeFi – June 17 appeared first on DeFi Rate. дальше »

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TronDAO Injects $300 Million in USDC to Reserves; USDD Still De-Pegged

Tron's USD-pegged stablecoin USDD might be the most "over-collateralized" asset right now дальше »

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Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer

The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer – though any motivation or rationale remains a mystery. дальше »

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Tether's USDT market cap dips below $70B for an 8-month low

Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been growing notably, with the market value surging to $55 billion. дальше »

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Can Tron (TRX) maintain its value long-term after efforts for stablecoin peg?

Tron TRX/USD has a huge ecosystem of decentralized applications (dApps), many of which have gathered a high level of reputation within the crypto sphere. From decentralized finance (DeFi) to non-fungible tokens (NFTs), it is clear that this is a large and vast ecosystem that has a lot to offer. дальше »

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Sotheby’s Holds Crypto Auction for Rare Ferrari Supercar

Sotheby's latest high-ticket auction involved the sale of a rare Ferrari supercar and was paid for using a crypto stablecoin. The post Sotheby’s Holds Crypto Auction for Rare Ferrari Supercar appeared first on BeInCrypto. дальше »

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Euro Coin: Circle Launches a Fully-Reserved, Euro-Backed Stablecoin

Euro Coin: Circle Internet Financial is preparing to issue a fully-reserved, euro-pegged stablecoin from the United States. The post Euro Coin: Circle Launches a Fully-Reserved, Euro-Backed Stablecoin appeared first on BeInCrypto. дальше »

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How the UST crash changed the stablecoin landscape

Once the 3rd largest stablecoin, TerraUSD (UST) has shaken the entire stablecoin market after it collapsed on May 9. The post How the UST crash changed the stablecoin landscape appeared first on CryptoSlate. дальше »

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Circle, The Company Behind The USDC Stablecoin, Announces Euro Coin

Does the world need Euro Coin? There are already stablecoins pegged to the Euro in the market. The difference here, however, is Circle. As the issuer of the well-regarded USDC, they have the reputation, the know-how, and the clientele to make this happen. дальше »

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USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin

Circle, the issuer behind the USD Coin (USDC) stablecoin, will launch a new stablecoin that is backed by the Euro by the end of this month. The post USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin appeared first on CryptoSlate. дальше »

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Circle представила привязанный к евро стейблкоин Euro Coin

Состоящая в консорциуме Centre компания Circle представила привязанный к курсу евро стейблкоин Euro Coin (EUROC). 1/ Get ready for #EuroCoin! Euro Coin (EUROC) is our newest #stablecoin that will launch on June 30th. дальше »

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Circle Is Launching a Euro-Backed Stablecoin

The U.S.-based stablecoin provider Circle is launching a fully-reserved stablecoin pegged to the euro. Circle Announces Euro Coin Another euro-backed stablecoin is set to hit the market. 1/ Get ready... дальше »

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Circle to Issue Euro-Backed Stablecoin

Circle has announced its second major fiat-backed stablecoin дальше »

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USDC Issuer Circle to Introduce Euro-Backed Stablecoin in US

The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions. дальше »

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Circle launches euro-backed stablecoin EUROC

Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.

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Tron’s USDD Stablecoin Faces Same Fate as Terra Luna’s UST

Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical fall. дальше »

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Celsius CEO “Loses Voice” Two Days Before Halting All Withdrawals

The crypto-lending firm Celsius, which offers high-yield returns on user deposits, appears to be the latest to falter in the face of tightening financial conditions. It also came barely one month after the Terra-Luna stablecoin network collapsed. дальше »

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First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike

Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground. дальше »

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Tron Falls Sharply As Sun Scrambles To Save Stablecoin

Tron price momentum faded over the weekend, and the price has dropped by more than 40% since then. The cryptocurrency is presently having difficulty gaining traction. Tron Falls AS USDD  Depegs TRX has dropped 19% and is now trading at $0. дальше »

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Stablecoin Supply Decreases for First Time in History

Stablecoin redemptions have reached a historic high, with more than $10 billion redeemed across major issuers and about $3 billion retired from MakerDAO. Supply Shrinks By At Least $13 billion... дальше »

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Stablecoin Supply Decreases Over Quarter for First Time in History

Stablecoin redemptions have reached a historic high, with more than $10 billion redeemed across major issuers and about $3 billion retired from MakerDAO. Supply Shrinks By At Least $13 billion... дальше »

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Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads

Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, in the wake of Celsius and Three Arrows Capital facing financial woes. дальше »

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Celsius may be market's Achilles heel, but why then did CEL rally by 100%

As the cryptocurrency ecosystem gradually recovers from the impact of the collapse of Do Kwon’s LUNA and his UST stablecoin, the suspension of withdrawals, swaps, and transfers between accounts on CThe post Celsius may be market's Achilles heel, but why then did CEL rally by 100% appeared first on AMBCrypto. дальше »

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Russian bank Sber to complete its first digital currency deal

Sber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021.

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Tether Refutes Rumors Surrounding Stablecoin Backing

Tether has categorically denied rumors about its commercial paper holdings, claiming they are being spread to induce panic and generate profits. The post Tether Refutes Rumors Surrounding Stablecoin Backing appeared first on BeInCrypto. дальше »

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