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Circle Launches USDC Stablecoin On Polkadot Network – Details

Stablecoin issuer Circle has launched the USD Coin (USDC) on the Polkadot network, expanding the token’s native operations to 14 blockchain networks, including Ethereum, Solana, Avalanche, etc.  According to a blog post by Circle on September 19, all developers and users of the Polkadot network can now natively access the USDC token without needing a […] дальше »

2023-9-20 03:00


Terra Validator Opposes USTC Burning, Pushes Alternative Plan To Regain Dollar Peg

A Terra Classic community member with the X handle Rexyz has kicked against burning USTC tokens to enable the stablecoin to recover its dollar peg. According to the X post made on September 18, Rexyz outlines an alternative solution that may lead to USTC being re-valued $1 as well as push Terra Classic (LUNC) price to reach the $1 price mark. дальше »

2023-9-20 20:00


Stablecoin supply down below $125 billion as capital continues to leak from crypto

Key Takeaways The total supply of stablecoins has fallen every month since UST collapsed in May 2023 Last month saw another $1.7 billion of outflows, the total supply now 33% off its peak Tether’s market share has increased amid stuttering rivals, but all other coins have seen large drawdowns Liquidity and volume in the space […] The post Stablecoin supply down below $125 billion as capital continues to leak from crypto appeared first on CoinJournal. дальше »

2023-9-18 11:34


Stablecoin Launch By Aussie Bank Looms After Chainlink Blockchain Trials

Australia and New Zealand Banking Group ANZ is close to releasing its Australian dollar-pegged stablecoin, A$DC, following a successful test transaction on Chainlink.   In a statement, ANZ’s banking service portfolio lead, Nigel Dobson, said they see high potential in tokenizing real-world assets (RWA) like the Australian dollar on-chain. дальше »

2023-9-16 19:00


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Curve (CRV) Trading Volume Plunge 97% In 2 Months

Trading volumes associated with CRV, the governance token of Curve, a stablecoin decentralized exchange (DEX), is down 97% barely two months after it was hacked in late July 2023. According to Kaiko, CRV’s trading volume in centralized exchanges, especially Binance, where the token is actively traded, fell from nearly $300 million in late July to $7 million as of September 12. дальше »

2023-9-13 05:00


Stablecoin holders can earn 8.5% annually on USDC, USDT via Ledn Growth Accounts

Crypto lending firm Ledn announced on Sept. 12 that its interest-bearing Growth Accounts now support both of the crypto market’s leading stablecoins. Mauricio Di Bartolomeo, Co-Founder and CSO of Ledn, said:  “We have listened to the industry’s demand for a new way to earn yield in a safer and more transparent manner …  Ledn’s USD […] The post Stablecoin holders can earn 8. дальше »

2023-9-12 19:00