Bitcoin’s First USD-Pegged Stablecoin
Bitcoin, the world’s largest and most popular cryptocurrency, is about to launch its first USD-pegged stablecoin, according to recent news. A stablecoin is a digital...
Tag : stablecoin
Tether (USDT)’s Market Dominance Goes Past 50% as BUSD Loses Ground
The stablecoin market has been subject to several shocks as the crackdown of the SEC against Paxos is gearing up. The current uncertain situation is...
DJED Stablecoin Attracts 27M ADA as Reserve
The Cardano-backed stablecoin, DJED, was recently launched in the market. Within a short time period, it accumulated a backing ratio of 600% from ADA. DJED...
Cardano Stablecoin (Djed) Will Be Released Next Week
The COTI network announced on January 25th the long-awaited launch date of the “Djed” overcollateralized Cardano stablecoin....
Everything to Know About Cardano’s Algorithmic Stablecoin DJED
According to COTI, an issuer of stablecoin, Cardano’s (ADA) first very own algorithmic stablecoin, known as DJED, will be released on the mainnet of the...
Media Attacks Tether of Rising Loan Risk; Tether Hits Back
The Wall Street Journal (WSJ) released an article on December 1 accusing the tether stablecoin’s developer company of increasingly leasing its coins to clients rather...
Tether USDT To Be Available Across 24,000 ATMs in Brazil
The issuing company of the world’s largest stablecoin by market cap, Tether, announced that it would make USDT accessible across 24,000 ATMs in Brazil, starting...
Polkadot-based aUSD Stablecoin fell by 99% After Hackers Issued 1.2 Billion Tokens
Acala has become the most recent Defi protocol to come under attack, as hackers issued 1.2 billion aUSD on August 14 and saw a 99%...
Stablecoin Rules must be Implemented With Urgency, According to the European Central Bank
In light of the rapid expansion of the stablecoin market, the European Central Bank recently indicated that additional regulatory supervision of stablecoins must be put...
Checkout.com Becomes the First PSP to Offer 24/7 Stablecoin Settlement
Checkout.com, a global payment processor, has introduced a new stablecoin settlement system that will allow merchants to receive crypto payments from their customers in real-time,...