2023-7-5 18:37 |
Cardano's stablecoin DJED is facing significant challenges as issues with unminting and depegging emerge due to a decline in its reserve ratio. DJED. origin »
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Cardano-based stablecoin Djed (launched in January 2023) is causing issues associated with de-pegging. Moreover, users are encountering token un-minting challenges. Djed has de-pegged on all Cardano decentralized exchanges (DEXs) as its reserve ratio plunges beneath desired levels.
2023-7-5 13:34 | |
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Plume partners with BDACS to introduce KRW1, a won-pegged stablecoin backed by domestic bank deposits, enabling Korean institutions to invest in RWAs.
Sony Ventures has invested an additional $13 million in Startale Group through the Sony Innovation Fund as a follow-on. “Startale has been an important partner to Sony since the early days of Soneium. Our vision is to bring the world…
Bitcoin rebounded on Wednesday morning as the crypto market rose higher and the U.S. dollar remained under pressure ahead of a closely watched Federal Reserve decision later today.
ERC-20 stablecoin market cap on Ethereum just fell $7b in a week, signaling investors may be exiting crypto entirely instead of rotating risk. The ERC-20 stablecoin market capitalization has declined by several billion dollars over the past week, marking the…
A sharp drop in stablecoin supply is raising concerns that a crypto market recovery may lack the liquidity needed to gain significant momentum. On-chain data shared by Santiment on Jan. 26 showed that the combined market capitalization of the 12…
Circle drama: A commentator on X questioned whether the startup would act proactively or require a U.S. court order before freezing stolen assets
A little token that few people had heard of a year ago has become a big mover of money. Reports say the A7A5 stablecoin, launched as a rouble-linked coin, has processed the equivalent of $100 billion in transfers since it began moving at scale.