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USDC gains made easy with Octoblock DeFi Rewards
In the constantly developing sphere of decentralized finance (DeFi), Octoblock has gained a reputation as a game-changer, where users can easily gain USDC, a stablecoin pegged to the US dollar, by holThe post USDC gains made easy with Octoblock DeFi Rewards appeared first on AMBCrypto. дальше »
2024-4-16 17:45 | |
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Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin
In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD). Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents. дальше »
2024-4-4 17:15 | |
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Ripple announces plans to issue USD-backed stablecoin
Ripple has just announced plans to launch its own stablecoin, news that has seen the price of XRP surge more than 6% amid market’s reaction. According to a press release on April 4, Ripple’s new stablecoin will be pegged 1:1 to the US dollar (USD) and be 100% backed by USD deposits, short-term US government […] дальше »
2024-4-4 17:00 | |
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Ripple Unveils Plans for US Dollar-Backed Stablecoin on XRP Ledger and Ethereum: All You Need to Know
Ripple, the company behind the XRP cryptocurrency, has announced ambitious plans to launch its own USD stablecoin later this year. Stablecoins are cryptocurrencies designed to minimize price volatility by being pegged to a relatively stable asset or basket of assets, usually fiat currencies like the U. дальше »
2024-4-4 16:37 | |
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Ripple to launch USD-pegged stablecoin
Ripple will launch a new stablecoin pegged to the U.S. dollar, entering the $150 billion market dominated by Tether and Circle. дальше »
2024-4-4 16:33 | |
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Polygon (MATIC) and Render Token (RNDR) Prices Soar As Meme Moguls (MGLS) Raises Nearly $2.5M in Presale Frenzy
In the current meme coin market, the hottest topic is Meme Moguls (MGLS) and its stellar presale performance. This Stage 5 presale star has already obtained close to $2. 5M while also being pegged as the next 100x meme coin in 2024. дальше »
2024-2-23 00:11 | |
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Pullix (PLX) Presale Captures Global Attention While Stellar (XLM) and Litecoin (LTC) Continue Dominating the Altcoin Space
The DeFi market has taken some interesting turns, and the Pullix (PLX) presale is the latest hot topic. This Stage 7 presale project has already sold over 80 million tokens; some analysts even have it pegged as the next 100x token in 2024. дальше »
2024-1-30 18:00 | |
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Ethereum Foundation Sells 700 ETH: Could This Trigger a Price Dip?
The Ethereum Foundation sold 700 ETH for 1.68 million DAI, a stablecoin pegged to the US dollar. The post Ethereum Foundation Sells 700 ETH: Could This Trigger a Price Dip? appeared first on BeInCrypto. дальше »
2024-1-23 16:04 | |
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Paxos to issue USD stablecoin in Singapore
Blockchain infrastructure company Paxos has received in-principle approval to issue a new stablecoin pegged to the U.S. dollar in Singapore. According to the statement, the asset is fully backed by US currency and cash equivalents. The firm has undertaken to undergo… дальше »
2023-11-16 14:49 | |
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USDV: A revolutionary Stablecoin transparently pegged to tokenized T-bills
The Verified USD Foundation has announced the launch of Verified USD (USDV), a community-driven stablecoin fully backed by the unrivaled on-chain transparency and stability of a basket of tokenized USThe post USDV: A revolutionary Stablecoin transparently pegged to tokenized T-bills appeared first on AMBCrypto. дальше »
2023-11-15 17:45 | |
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BIS researchers believe that stablecoins will not live up to hype
A recent report by the Bank for International Settlements raises concerns about stablecoins' ability to maintain parity with their pegged assets, challenging their stability and reliability as a digital currency. дальше »
2023-11-9 22:08 | |
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JPMorgan’s digital token said to handle $1b in daily transactions
The bank also plans to expand support for fiat currencies to deal with JPM Coin other than the U.S. dollar and euro. JPMorgan’s blockchain-powered stablecoin JPM Coin, pegged to the U.S. dollar, has reached the $1 billion mark in processed… дальше »
2023-10-26 14:53 | |
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Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency beginning 2024
Paolo Ardoino, Tether’s incoming CEO, said the stablecoin issuer plans to publish real-time attestation of its reserve starting next year, Bloomberg reported on Oct. 20. Tether, due to its significant role in the cryptocurrency industry, has faced increasing pressure to enhance transparency regarding the reserves backing its USDT stablecoin, a digital asset pegged to the […] The post Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency beginning 2024 appeared first on CryptoSlate. дальше »
2023-10-21 17:45 | |
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Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency
Paolo Ardoino, Tether’s incoming CEO, said the stablecoin issuer plans to publish real-time attestation of its reserves in the future, Bloomberg reported on Oct. 20. Tether, due to its significant role in the cryptocurrency industry, has faced increasing pressure to enhance transparency regarding the reserves backing its USDT stablecoin, a digital asset pegged to the […] The post Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency appeared first on CryptoSlate. дальше »
2023-10-21 17:45 | |
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What is USDT? All About Tether Stablecoin Cryptocurrency
USDT, also known as Tether, has become an integral part of cryptocurrency markets since its launch in 2014. Pegged 1:1 to the US dollar, it is the most widely used stablecoin with a market capitalization of over $83 billion as of October 2023. дальше »
2023-10-20 22:52 | |
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Frax Finance unveils documentation for dollar-pegged stablecoin
The community of Frax Finance, a decentralized finance protocol, has announced its unveiling of FRAX v3, a stablecoin pegged to the U.S. dollar. дальше »
2023-10-9 20:15 | |
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Bitcoin Cash price prediction as the crypto betting economy expands
Bitcoin Cash (BCH) remains resilient, trading at $231. 43 from a recent low of $203. The BCH price surge is pegged on Bitcoin’s performance and ETF hopes. BCH’s technical analysis indicates a symmetrical triangle pattern, hinting at an imminent price move. дальше »
2023-9-28 16:15 | |
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Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again?
The Terra Luna Classic (LUNC) community has voted overwhelmingly, with nearly 60% in favor, to cease the minting and reminting of Terra Classic UST (USTC) tokens. The drastic decision, in a decisive move aimed at rescuing the beleaguered Terra Classic stablecoin, comes in the wake of Terra’s collapse in May 2022, which had sent shockwaves through the crypto market, leaving USTC’s value in shambles. дальше »
2023-9-25 11:30 | |
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Fed Official Cautious About Unregulated Stablecoins Like USDC, USDT
Michael Barr, a high-ranking official at the US Federal Reserve, expressed concern over the growing use of “unregulated” stablecoins pegged to the dollar. Many popular stablecoins are designed to mirror the value of the USD. дальше »
2023-9-9 04:00 | |
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JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners?
Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. дальше »
2023-9-8 02:30 | |
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BALD Meme Coin Suffers Staggering 96% Volume Loss, Borroe Pegged as 2023’s Prime Investment for Crypto Whales
As the BALD meme coin reels from a shocking 96% drop in trading volume, Borroe ($ROE) is capturing the spotlight as one of the best cryptos to buy now. Projected to be 2023’s top investment for savvy crypto enthusiasts, Borroe and its $ROE token offer a contrasting narrative to BALD’s decline. In this article, we’ll […] дальше »
2023-9-5 18:53 | |
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How Ethereum HODLers pegged Bitcoin to second place
The number of ETH long-term holders surpassed BTC by more than 40 million. Bitcoin's inability to offer a plethora of use cases contributed to the switch. As the top two most valuable cryptoThe post How Ethereum HODLers pegged Bitcoin to second place appeared first on AMBCrypto. дальше »
2023-8-31 02:30 | |
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Num Finance launches stablecoin pegged to Colombian Peso on Polygon
Num Finance’s new stablecoin nCOP adds to the nARS and nPEN pegged on Argentina Peso and Peruvian Sol. Colombia is one of Latin America’s top remittances markets with nearly $6. 5 billion of inflows. дальше »
2023-8-26 16:46 | |
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Singapore monetary authority releases regulatory framework for G10-pegged stablecoins
The Monetary Authority of Singapore (MAS) announced a regulatory framework for single-currency stablecoins (SCS) regulated in the Asian country, according to an Aug. 15 statement. The financial regulator stated that the regulations would apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar (S$) or any G10 currency whose circulation surpasses S$5 million. дальше »
2023-8-15 11:03 | |
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PayPal launches its stablecoin: What it means for Shiba Memu presale
Key takeaways PayPal launched its stablecoin pegged to the US Dollar earlier this week. Shiba Memu’s presale has now raised more than $1. 7 million. PayPal, one of the leading payment service providers in the world, announced earlier this week that it had launched its stablecoin. дальше »
2023-8-10 13:55 | |
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USTC Re-Peg Incoming? Community Votes To Burn 800 Million Tokens
Back in 2022, the collapse of Terra LUNA and de-pegging of UST Classic (USTC) rocked the crypto market and led to a massive crash. Since then, the once stablecoin pegged to the US dollar has been trading more than 98% below $1. дальше »
2023-8-10 02:00 | |
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Wrapped KAVA down by 90% despite KAVA’s bull run
Wrapped Kava (WKAVA) plunged by over 90% over the past 24 hours, while the protocol’s native token, Kava (KAVA), registered slight gains in the mentioned period. WKAVA, which is meant to be pegged to KAVA, has witnessed many ups and… дальше »
2023-8-9 14:51 | |
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Tether (USDT) Begins to Exploit Circle’s Reserves, Analyst Reports: USDC Might Be Losing the Stablecoin Battle
The world of stablecoins, digital currencies pegged to stable assets like the US dollar, has been in a state of flux. With the rise of decentralized finance (DeFi) and the increasing prominence of stablecoins, understanding the underlying mechanics and strategies of major players is crucial. дальше »
2023-8-7 14:05 | |
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Inside stablecoin supply dynamics as TUSD shakes up the market
Understanding the dynamics of stablecoin supplies is a crucial aspect of crypto market analysis, as stablecoins play a pivotal role in the cryptocurrency ecosystem. Fluctuations in the market cap of these pegged assets can signal shifts in investor sentiment, liquidity changes, and overall market health. дальше »
2023-8-2 20:30 | |
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Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report. дальше »
2023-7-5 00:14 | |
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SAP opens testnet registration for cross border payments in stablecoins
The German enterprise software firm SAP has launched a preview of its Digital Currency Hub (DCH) system, enabling cross-border payments using USDC and EUROC. Issued by payment technology firm Circle, the USDC and EUROC stablecoins are pegged 1-to-1 with the dollar and euro. дальше »
2023-6-23 11:51 | |
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Hong Kong seeks fast regulatory action on stablecoins
According to the local news outlet The Standard, Hong Kong is making strides in creating a clear framework for stablecoins pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) aims to introduce the proposed comprehensive regulatory framework for stablecoins within 18 months. дальше »
2023-6-13 16:14 | |
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Hong Kong-based First Digital launches new USD-backed stablecoin
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held in segregated accounts at regulated financial institutions. дальше »
2023-6-2 22:37 | |
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Tether sets new all-time high amid increased demand for financial freedom
Tether has surpassed its previous all-time market cap high of $83. 2B set in May 2022. Tether’s fortunes are pegged on the performance of its first stablecoin, the USDT which is currently the most used stablecoin around the world. дальше »
2023-6-2 19:24 | |
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First Digital unveils Hong Kong-based USD stablecoin
Hong Kong-based trust company First Digital is set to introduce a new stablecoin, "First Digital USD" (FDUSD), which will be pegged to the US dollar and regulated in Asia. дальше »
2023-6-1 15:46 | |
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Japanese Stock Market Gets Good Projections from Analysts
Coinspeaker Japanese Stock Market Gets Good Projections from Analysts The Goldman Sachs analysts believe that the Topix index will touch a high of 2200 points in the short term, a level that will come off as a 3% growth from where it is currently pegged. дальше »
2023-5-30 13:07 | |
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Crypto Market Alert: Tether Market Cap Fuel Hopes For Major Rally
Despite lackluster trade volume and price movements in the cryptocurrency market, Tether’s market cap is rising, nearing its all-time high of $82. 9 billion. Tether, also known as USDT, is a stablecoin pegged to the U. дальше »
2023-5-25 23:04 | |
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Stock Futures Slump as US Inflation Remains Pegged at 4.9%
Coinspeaker Stock Futures Slump as US Inflation Remains Pegged at 4. 9% Despite the fall off of the US stock futures, there is no doubt that the fight against inflation is yielding a relatively positive fruit in the United States. дальше »
2023-5-10 16:58 | |
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Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability
The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said. дальше »
2023-5-3 16:00 | |
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Virgin Orbit Files for Chapter 11 Bankruptcy in US
Coinspeaker Virgin Orbit Files for Chapter 11 Bankruptcy in US When Virgin Orbit went public, its valuation was pegged at around $4 billion, however, the tides have shifted over the past few months with the company’s market capitalization now pegged at around $65. дальше »
2023-4-5 16:10 | |
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Tesla (TSLA) Shares Plummet 6% Following Lower than Expected EV Deliveries
Coinspeaker Tesla (TSLA) Shares Plummet 6% Following Lower than Expected EV Deliveries According to the company, it has plans to produce a total of 1. 8 million vehicles with the total delivery expectations pegged around that figure. дальше »
2023-4-5 12:45 | |
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The Standard - A Decentralized Stablecoin Protocol
Joshua Scigala is founder of The Standard - a decentralized stablecoin protocol that enables users to lock up crypto and or physical gold to generate fiat pegged stablecoins. дальше »
2023-4-1 04:00 | |
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