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 about the growing…
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.…
The COTI network announced on January 25th the long-awaited launch date of the “Djed” overcollateralized Cardano stablecoin.
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 Wall Street Journal (WSJ) released an article on December 1 accusing the tether stablecoin’s developer company of increasingly leasing its coins to clients…
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,…
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…
In light of the rapid expansion of the stablecoin market, the European Central Bank recently indicated that additional regulatory supervision of stablecoins must be…
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…
Japan has enacted a significant bill defining the legal status of stablecoins, leapfrogging other nations in the rush to establish safety nets around the…
As a result of the recent TerraUSD crash, which dropped to zero over the course of many days, sliding below parity, a Bank of…
