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Tether Launches Stablecoin Pegged To The Mexican Peso
Tether Operations Limited, creator of the largest stablecoin by market cap Tether (USDT) has launched a stablecoin that is pegged to the Mexican Peso. According to a Thursday, May 26 announcement, the firm stated that its new stablecoin would be known as “Tether tokens” and will be pegged 1:1 to the Mexican Peso. The stablecoin […] дальше »
2022-5-28 23:40 | |
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Untethered: Top Stablecoin USDT Dominance Begins To Decline
Data shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC and BUSD have observed rather sharp growth. USDT Has Shed Around $10 Billion Reserves After UST’s Collapse A stablecoin is a token whose value is pegged to another currency or commodity. The most popular such […] дальше »
2022-5-26 22:00 | |
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Why Are GameFi Projects Crucial Contributors To Crypto Adoption?
The gaming industry is pegged to hit the $200 billion mark by 2024 and is constantly outperforming expectations. Play-to-Earn (P2E) is trending in GameFi, besides being a significant catalyst for crypto adoption. дальше »
2022-5-24 12:15 | |
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MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.
дальше »2022-5-17 23:15 | |
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Luna Foundation Guard Discloses What Happened to Their Reserves
After UST de-pegged on May 9th, causing a cascade effect of billions of LUNA minted, the Luna Foundation Guard disclosed what happened precisely to their reserves which were meant to stabilize UST, keeping it pegged to USD. дальше »
2022-5-16 18:29 | |
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Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High
With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U. S. dollar have been the obvious winners from the recent crash but it seems that investors are taking it one step further this time around. дальше »
2022-5-14 02:00 | |
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Will LUNA and UST Price Recover? Terra Luna Price Down 93%, UST De-pegged to $0.3
Even with Bitcoin’s price destabilization over the past week, most of the attention is on the abysmal price performance of Terra Luna, which is down 93%, and UST, whose price is supposed to stay pegged to USD but currently trading at 70% below at $0. дальше »
2022-5-14 16:47 | |
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Rarible Review – Use This Tutorial To Profit On Rarible NFTs
What is Rarible? Rarible is a software used by digital artists and content creators to issue and sell crypto assets whose value is pegged to their digital work. In addition to being a marketplace for artist’s digital assets, Rarible is also a distributed network in Ethereum that allows trading of the assets without middlemen. дальше »
2022-5-9 19:25 | |
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Terra’s BTC Buying Spree Effect On Bitcoin Price
The ecosystem of layer 1 Terra has been on the rise for the past year. Apart from being cheap and easy to use, one of the best features of Terra is its native stablecoin UST. The coin is pegged to the US dollar and can be used to pay for gas fees on the network. […] дальше »
2022-5-9 17:36 | |
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Terra: Fast Growing into the Next Big Thing in DeFi
Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (LUNA) and TerraUSD (UST). The project was developed by South Korea-based firm Terraform Labs in 2018, being built on Cosmos SDK. дальше »
2022-5-8 00:11 | |
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Why some people are saying Waves is a ponzi scheme
Algorithmic stablecoin pegged to the US dollar, Neutrino has fallen by 15% from its peg and is now worth around 82 cents instead of a dollar. The post Why some people are saying Waves is a ponzi scheme appeared first on CryptoSlate. дальше »
2022-4-7 11:00 | |
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Indonesia Set To Tax Crypto Transactions And Investments From May
An Indonesian tax official reveals that the country will impose taxes on the crypto market. According to the report, crypto transactions will be subject to VAT below 11%, and income tax will be pegged at 0. дальше »
2022-4-4 13:17 | |
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Mexo lists CNHC: An offshore RMB stablecoin
CNHC, a stablecoin pegged to the Offshore Chinese Yuan, has officially been launched on Mexo. A milestone in international trade history International traders can now access a new channel to cThe post Mexo lists CNHC: An offshore RMB stablecoin appeared first on AMBCrypto. дальше »
2022-3-30 11:30 | |
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LUNA price movement: can the $1 billion gained in a private token sale lead to an increase in value?
Terra LUNA/USD is essentially this open-source blockchain platform intended to power algorithmic stablecoins, which are pegged against traditional FIAT. LUNA is the native cryptocurrency token that powers the blockchain network. дальше »
2022-2-24 17:06 | |
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Stablecoins total market cap just surpassed $150 billion
The adoption of stablecoins, digital assets whose values are pegged most commonly to the United States dollar, is spreading by the day as more and more private users and institutions appreciate the benefits of these tokens. дальше »
2022-2-8 00:30 | |
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Celo launches stablecoin pegged to Brazilian real
Celo (CELO/USD), a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users, has launched cREAL, a stablecoin pegged to the Brazilian real, CoinDesk reported. This is the platform’s third stablecoin after cUSD and cEUR, which are pegged to the U. дальше »
2022-1-29 16:25 | |
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Meta's Diem stablecoin project to be sold off amid regulatory bottlenecks
Stablecoins, digital coins pegged to a traditional currency, grew around 450% to approximately $156 billion in 2021 from 2020. Tether remains the largest stablecoin with a market capitalization of >The post Meta's Diem stablecoin project to be sold off amid regulatory bottlenecks appeared first on AMBCrypto. дальше »
2022-1-26 19:30 | |
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Rarible Review [2022] – Use This Tutorial To Profit On Rarible NFTs
What is Rarible? Rarible is a software used by digital artists and content creators to issue and sell crypto assets whose value is pegged to their digital work. In addition to being a marketplace for artist’s digital assets, Rarible is also a distributed network in Ethereum that allows trading of the assets without middlemen. дальше »
2022-1-5 13:10 | |
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Here Are The Oddest Predictions For Bitcoin In 2022
Several influencers and thought leaders have made interesting predictions for the year ahead. However, these predictions might just not come to pass and might leave you stumped. One sure prediction for the year is that Bitcoin’s supply cap will remain pegged at 21 million BTC. дальше »
2022-1-4 23:03 | |
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Flickto (FLICK) Launching IDO on Cardano’s Kick.io on December 27, 2021
Flickto has revealed the details of its initial decentralized offering (IDO) scheduled to go live on Cardano’s Kick. io on December 27, 2021. The price of each FLICK token will be pegged at $0. 009 during the IDO and participants will be able to purchase FLICK with their ADA tokens. дальше »
2021-12-22 09:00 | |
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WEF report shows how blockchains are changing humanitarian aid
What is a humanitarian stablecoin? Well, definitions vary but it broadly refers to donations and aid made possible by fintech platforms and fiat pegged crypto. A humanitarian stablecoin could mean insThe post WEF report shows how blockchains are changing humanitarian aid appeared first on AMBCrypto. дальше »
2021-11-21 15:30 | |
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SEC to Gain Significant Oversight on Stablecoins, Tether to Test Notabene’s Travel Rule Solution to Comply with FATF Guidelines
The US Securities and Exchange Commission (SEC) has moved closer to having significant oversight on stablecoins, said Bloomberg in a report citing people familiar with the matter. The Treasury Department and other agencies are reportedly planning to release a report this week that will indicate that the SEC has significant authority to regulate fiat pegged […] The post SEC to Gain Significant Oversight on Stablecoins, Tether to Test Notabene’s Travel Rule Solution to Comply with FATF Guidelines first appeared on BitcoinExchangeGuide. дальше »
2021-10-26 16:02 | |
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EverGrow Coin has broken all previous crypto records, reaching 20,000 Holders, and a $200 million marketcap in just 2 weeks since launch
EverGrow Coin, the first cryptocurrency to generate passive income for its holders in Binance pegged US dollars, has reached the milestone of 20,000 holders in... дальше »
2021-10-25 19:48 | |
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Should you buy Olympus (OHM) on October 14, 2021?
Olympus OHM/USD is an algorithmic currency protocol with the goal of achieving price stability while maintaining a floating market-driven price. OHM differentiates itself from stablecoins due to the fact that it is backed but not pegged to a certain price. дальше »
2021-10-14 19:09 | |
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Crypto Volatility Index announces integration of Chainlink Keepers
Through a press release on Oct. 27, Crypto Volatility Index (CVI) announced that it had integrated Chainlink keepers to automate the supply rebase of tokens pegged to its volatility indices. According to the announcement, the Chainlink Keepers will specifically help in the automation of the supply rebase process of CVI Volatility tokens. дальше »
2021-10-8 20:19 | |
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Tether fires back after 'false, misinformed' report questions stablecoin's reserves
Stablecoins are digital currencies pegged to a sovereign currency such as the U.S. dollar. Tether is the largest among them with a market cap of $68B, at the time of writing. In fact, USDT has grown eThe post Tether fires back after 'false, misinformed' report questions stablecoin's reserves appeared first on AMBCrypto. дальше »
2021-10-7 18:30 | |
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New decentralized stablecoin in China targets international trade
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan.
дальше »2021-9-24 15:57 | |
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HaloDAO and Balancer integrate to improve yield and swaps for major non-USD stablecoins
Balancer’s advanced V2 platform will integrate with HaloDAO, a DeFi project promoting stablecoins not pegged to the US dollar, to improve yield and swaps for XSGD, THKD, EURS, and other major non-USD stablecoins, Invezz learned from a press release. дальше »
2021-9-2 15:52 | |
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CLPX: A Chilean peso-pegged stablecoin launches on the Stellar network
CLPX, a Chile-based company, has launched the first Chilean Peso-pegged stablecoin on the Stellar payments network. A report unveiled this news earlier today, noting that the coin is dubbed CLPX, and is the first-ever stablecoin pegged to the value of the Chilean Peso. дальше »
2021-8-13 18:00 | |
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Fed Governor: USD Pegged Stablecoins “Broaden The Reach Of US Monetary Policy Rather Than Diminish It”
While stablecoins could serve as an attractive payment instrument that could become a major challenger to banks for processing payments, Christopher J. Waller believes, “there are many legal, regulatory, and policy issues that need to be resolved before they can safely proliferate. дальше »
2021-8-7 16:09 | |
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ZKSwap to list algorithm pegged synthetic asset Zerogoki
ZKSwap is a decentralized exchange (DEX) that offers a layer 2 scaling solution to its users. The platform had recently announced the launch of its V2 on the 28th of July. With an upgrade the platfThe post ZKSwap to list algorithm pegged synthetic asset Zerogoki appeared first on AMBCrypto. дальше »
2021-8-5 10:30 | |
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SEC Chairman Gensler Says Some Stablecoins Could Qualify as Securities
Newly-appointed SEC Chief hints some stablecoins could fall under the legal definition of securities. Gensler Says Stablecoins Could Be Securities U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler recently went on record saying that digital currencies whose price are pegged to traditional securities might fall under the securities laws. The SEC Chair made theRead More дальше »
2021-7-22 04:00 | |
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MEXC Global Adds Support For Market-Leading Stablecoins USDT and USDC On Algorand
MEXC Global, a Singapore-based cryptocurrency derivatives exchange announced it is now allowing users to transact in their preferred stable coin pegged on the dollar on Algorand. According to the announcement, MEXC is now supporting USDT and USDC. дальше »
2021-7-15 23:09 | |
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Orion Protocol Adds Deeper ORN Token Utility By Launching USDo Stablecoin
Orion Protocol, a layer 2 crypto solution for decentralization of liquidity sources, has today announced the introduction of its USDo (U. S. Dollar pegged) stablecoin. The coin is minted by staking ORN token and its purpose is a provision of additional utility to Orion’s native token, ORN. дальше »
2021-6-29 22:19 | |
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MakerDAO Reduces Stability Fees to Rekindle Stablecoin Demand
The decentralized finance platform, MakerDAO, intends to rekindle demand for its DAI stablecoin through fee reduction. The platform allows borrowers to use volatile cryptocurrency as collateral for loans of stablecoins (known as dai) pegged to the U. дальше »
2021-6-23 19:00 | |
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World Bank Says ‘No’ to El Salvador’s Request on Bitcoin Implementation
The bank’s refusal to offer technical assistance has been pegged down on issues of… The post World Bank Says ‘No’ to El Salvador’s Request on Bitcoin Implementation appeared first on Coin Journal. дальше »
2021-6-18 17:49 | |
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Ethereum (ETH) Price Set to Bounce off Support as Buying Momentum Surges Amidst Fallen Gas Fees
Ethereum (ETH) has lost as much as 13% of its value in the past month as the broader market continues to experience a general price drop. The smart contract-focused blockchain network has continued to maintain its market dominance which is currently pegged at 18. дальше »
2021-6-2 11:20 | |
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IOST Blockchain Integrates Japanese Yen Stablecoin JPYA
Decentralized, high-performance smart contract platform IOST is set to witness the launch of the JPYA, a stablecoin pegged to the value of the Japanese Yen. Japanese Yen Stablecoin to Be Issued on IOST Blockchain To foster the increasing application of Japanese Yen stablecoin as a prepaid means of payment, the Platinum Egg team – IOSTRead More дальше »
2021-5-19 19:01 | |
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Yearn Capitalizes on Retail Mania, Sends YFI to Nearly A Six-Figure ATH
The Yearn team has launched its own canine-themed token, WOOF, which is pegged bidirectional to YFI. It is currently recording $25. 76 million in volume and has $11. 20 million in TVL on Uniswap V3. дальше »
2021-5-12 15:52 | |
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How This Bitcoin Pegged Token Could Protect Holders From Volatility
Anonymous analyst “Wezek Bruh” posted the main reasons why BadgerDAO and its native token pegged to Bitcoin, DIGG, could be a great opportunity for investors. Created as a rebase token, DIGG has the capacity to contract or expand its supply to meet a price target, as Wezek Bruh explained. The analyst believes there is value […] дальше »
2021-5-1 22:10 | |
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Billion Dollar Stablecoin Fei Protocol Struggles As Token Drops Below USD Peg
Barely days after the stablecoin project Fei Protocol launched, it appears to be struggling—so much so that its 1:1 USD pegged token has dropped well below its targeted $1 value. Currently at $0. дальше »
2021-4-9 00:12 | |
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