Hoskinson Alerts on Control of Stablecoins by Industry ‘Vampires’
TL;DR Charles Hoskinson warns about the dominance of companies like Circle and Tether in the stablecoin market, controlling 70% of transaction volume. Hoskinson highlights concerns...
Tag : stablecoin
PayPal PYUSD Market Cap Surges 70% in One Month. Is It the Best Stablecoin Right Now?
In a month marked by notable changes in the cryptocurrency landscape, PayPal PYUSD stablecoin has seen an impressive 70% growth, raising its market capitalization to more...
Binance Stops AEUR Trading After Massive Price Fluctuation
Binance, one of the world’s largest cryptocurrency exchanges, has suspended trading of the AEUR stablecoin, which is pegged to the euro, after it experienced a...
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...
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...