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 »

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Bitvo Expands Crypto Asset Offering

Bitvo Inc. is pleased to announce that it has added to its crypto asset offering, including the addition of a U.S. dollar stablecoin. Now on... дальше »

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Blockchain Firm Paxos Renames Paxos Standard (PAX) Stablecoin to Pax Dollar (USDP)

Blockchain infrastructure firm Paxos has announced the rebranding of its stablecoin from Paxos Standard (PAX) to Pax Dollar (USDP). USDP Would Transform Global Payments Paxos move to rebrand is part of its plan to distinguish itself from other stablecoin operators. дальше »

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Ampleforth (AMPL) founder: There is a solution to the decentralized stablecoin dilemma

As the US dollar devaluation becomes a hot topic, CryptoSlate talked to the founder of the “rebasing cryptocurrency” designed to fight the inflation curse. The post Ampleforth (AMPL) founder: There is a solution to the decentralized stablecoin dilemma appeared first on CryptoSlate. дальше »

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Ampleforth founder: There is a solution to the decentralized stablecoin dilemma

As the US dollar devaluation becomes a hot topic, CryptoSlate talked to the founder of the “rebasing cryptocurrency” designed to fight the inflation curse. The post Ampleforth founder: There is a solution to the decentralized stablecoin dilemma appeared first on CryptoSlate. дальше »

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USD Coin (USDC) Now Backed by Only Cash and Treasury Bills

Center has announced via a blog post on August 22, 2021, that the financial instruments in its USD Coin (USDC) stablecoin reserves have been shrunk down to only the fiat dollar and United States Treasury Bills. дальше »

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Coinbase Drops Guarantee of USDC Stablecoin-to-Dollar Backing

Coinbase has dropped the guarantee that each USD Coin stablecoin is backed by an equivalent dollar amount. The post Coinbase Drops Guarantee of USDC Stablecoin-to-Dollar Backing appeared first on BeInCrypto. дальше »

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USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report

Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin. дальше »

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Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin

According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U. S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. дальше »

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Binance USD Stablecoin Market Cap Surpasses $10 Billion

Second U.S. Dollar Tether (USDT) rival joins 11-digit club: BUSD breaks into top 10 дальше »

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USDC Stablecoin Goes Live on Tron (TRX) Blockchain

Leading USD-pegged stablecoin USDC is now functional on the Tron (TRX) blockchain. USDC Now Live on Tron USDC, a digital currency tied to the price of the U. S. dollar is now available on the Tron network, a report by Coindesk confirms. дальше »

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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 »

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Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin

As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination […] дальше »

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A Window of Opportunity For DAI Fans, With rDai On RSK

DAI is a stablecoin tethered against the price of the dollar, which helps ensure the value of this digital asset is as stable as possible. In a world of highly volatile cryptocurrencies, stablecoins like these become increasingly more desirable for users. дальше »

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Here’s What You Need To Know About The Fei Protocol Bug

Built to maintain a 1:1 peg with the US dollar, the Fei protocol stablecoin, FEI, failed to do so over the first week or so of its existence. The Fei Protocol is backed by major VCs with the goal of creating a stablecoin that would buy assets with its token, rather than holding them asRead More дальше »

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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 »

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Polkadot (DOT), Kusama (KSM) to Be Next Platforms for Tether (USDT). Why Is This Important?

Most popular and liquid stablecoin, U.S. Dollar Tether (USDT) by Tether Limited, drops a bombshell by going live on Polkadot and its "canary network," Kusama дальше »

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Techemynt launches New Zealand dollar stablecoin

New Zealand based fintech company Techemynt has launched a NZ dollar stablecoin ‘$NZDs’ - backed one-for-one by New Zealand dollars. дальше »

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Techemynt rolls out first stablecoin pegged to the New Zealand dollar

New Zealand financial services provider Techemynt has announced the launch of the first stablecoin backed 1:1 by New Zealand’s dollar. According to Techemynt, the stablecoin combines the intrinsic utility of cryptocurrency with the stability and value of the dollar to enable remittance, arbitrage, and digital payments. дальше »

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DeFi Protocol BadgerDAO to Launch CLAWS Stablecoin

In a Feb. 22 announcement, the DeFi protocol explained what its new offering will do and why the crypto space needs another stablecoin. CLAWS is a “yield dollar” similar to those that are offered by the UMA protocol. дальше »

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Caveat Depositor. How Safe Is Your Stablecoin?

USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful. дальше »

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Soteria To Launch Bitcoin-Backed, USD-Pegged Stablecoin

Soteria’s forthcoming stablecoin, USDS, is expected to maintain value pegged to the U.S. dollar and be redeemable for bitcoin. The post Soteria To Launch Bitcoin-Backed, USD-Pegged Stablecoin appeared first on Bitcoin Magazine. дальше »

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Tether (USDT) To Face Do or Die Situation in 2021: Messari Report

Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. дальше »

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What Are Stablecoins?

A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price. дальше »

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This Ethereum-based ‘Non-Volatile’ Stablecoin is on a Roller Coaster Ride

Just last week yet again Dynamic Set Dollar (DSD) 275% only to crash 91% to under $0.3. The post This Ethereum-based ‘Non-Volatile’ Stablecoin is on a Roller Coaster Ride first appeared on BitcoinExchangeGuide. дальше »

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Dynamic Set Dollar faces ‘massive test’ as stablecoin falls as low as $0.27

An algorithmic stablecoin experiment is playing out over Christmas weekend — and real money's on the line.

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Algorand Blockchain Adds Canadian Dollar Backed Stablecoin, QCAD, On Its Platform

Algorand blockchain welcomes its third stablecoin, QCAD, the Canadian dollar stablecoin built, issued, and managed by Stablecorp, a Canadian based fintech firm founded in a joint partnership with 3iQ, Canada's largest crypto asset manager, and Mavennet Systems, a blockchain development firm. дальше »

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Canadian dollar stablecoin launched on Algorand blockchain

Blockchain platform Algorand announced today that the digital Canadian dollar 'QCAD' stablecoin will be moving to the Algorand platform. Algorand claimed it would support instant confirmation, micropaThe post Canadian dollar stablecoin launched on Algorand blockchain appeared first on AMBCrypto. дальше »

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Canadian Dollar Stablecoin Launches on Algorand Blockchain

Canadian Dollar Stablecoin Arrives on Algorand Thanks to a partnership between Stablecorp and Algorand, the QCAD will soon be available via the Algorand blockchain. Stablecorp describes the QCAD as the “first Canadian dollar stablecoin designed for the mass market. дальше »

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Huobi’s Dollar Pegged Stablecoin, HUSD, to Debut on Nervos Blockchain

Nervos, the public blockchain eyeing to rival Ethereum for China’s DeFi market, is integrating the HUSD stablecoin, according to an announcement on Dec 8. HUSD is a dollar-pegged stablecoin issued by Stable Universal Limited, an Huobi-backed venture. дальше »

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Synthetix's sUSD listed on Binance's Innovation Zone

Synthetix has been a prominent project in decentralized finance [DeFi] that allows derivatives trading. Its synthetic stablecoin asset, sUSD tracked the value of the USD Dollar and has also been experThe post Synthetix's sUSD listed on Binance's Innovation Zone appeared first on AMBCrypto. дальше »

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Tether Market Cap Jumps $1 Billion in Just 9 Days

Perpetual Growth The US dollar-pegged stablecoin Tether (USDT) grew once again over the last week. While the company claims that each USDT is backed 1-to-1 by a US dollar, it has come under scrutiny in the past. дальше »

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Facebook’s Libra to Launch Dollar-Pegged Stablecoin in January

Facebook’s Libra digital currency project may finally hit the ground running in January 2021 with the launch of a dollar-pegged stablecoin. The single digital currency pegged to the dollar is a far cry from the ambitious plans first introduced back in 2019. дальше »

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Flash Loan Attack Dupes Origin Protocol of $7 Million Funds, Investigation Underway

Another week, another flash loan attack on a yield-generating blockchain protocol. Origin Protocol Compromised In an announcement made earlier today, the Co-Founder of Origin Protocol, Matthew Liu told the Origin community that Origin Dollar (OUSD) – the yield-generating stablecoin on the protocol – had been hacked. дальше »

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Origin Dollar loses $7M in latest hack

Stablecoin project Origin Dollar revealed that it has suffered a flash loan attack and…

The post Origin Dollar loses $7M in latest hack appeared first on Coin Journal.

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Origin Dollar Loses $7 Million in Flash Loan DeFi Exploit

The Origin Dollar stablecoin (OUSD) has been exploited and the team behind the project has revealed a loss of at least $7 million. As reported by BeInCrypto in September, Origin Protocol launched the OUSD stablecoin to allow holders to earn yields without depositing large amounts of collateral. дальше »

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Yield-generating stablecoin project Origin Dollar exploited for $7M

Origin Protocol has announced its yield-generating stablecoin protocol, OUSD, has been hacked and drained of at least $7 million

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Origin Protocol Loses $7M in Latest DeFi Attack

Stablecoin project Origin Dollar (OUSD) sustained a re-entrancy attack at 00:47 UTC Tuesday resulting in a loss of funds worth $7 million. дальше »

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Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses

Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U. S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10. дальше »

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Tether (USDT) Market Capitalization Surpasses $17 Bln, Gains 40% in Three Months

Another splendid milestone reached by the most popular stablecoin, the U.S. Dollar Tether (USDT). What is behind its growth? дальше »

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Coinbase and Circle Consortium’s USDC Stablecoin is Now Integrated on Solana Blockchain

The Center announced today Solana blockchain as an official Chain for its USDC stablecoin. As an expansion of the “fully-reserved and regulated digital dollar stablecoin,” the Coinbase and Circle consortium went with the new blockchain on which crypto derivatives platform FTX’s DEX Serum is built. дальше »

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First Mover: PayPal Rushes in and Bitcoin Breaches $12K, While USDC Gains on Tether

PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether. дальше »

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Regulator Gives Banks Green Light to Hold Stablecoin Issuer Reserve Deposits

Stablecoin issuers now have a strong tailwind from US regulators. Banks finally have some guidance on how to treat coins like Tether, Gemini Dollar, USD Coin and others that are pegged to fiat money. дальше »

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Stablecoin GUSD Gets a Boost from DeFi Giant Maker Protocol

Stablecoin Gemini Dollar (GUSD) just got a ticket on the DeFi train. The Maker Governance team has green-lighted the regulated USD-backed stablecoin as a collateralized asset for loans on the Maker Protocol. дальше »

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Tether Is An Accident Waiting To Happen, Says Veteran Trader Peter Brandt

Tether (USDT) is a stablecoin backed by the dollar at a rate of 1:1. According to the parent firm, USDT will always maintain a 1-to-1 ratio with the U.S. dollar in terms of value, however, Tether has received enormous amounts of criticism over the years, specifically because of their claims about the digital asset being […] дальше »

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Tether (USDT) Daily Transaction Volumes Could Soon Exceed Bitcoin’s

Data shows the daily volumes for Tether – a controversial stablecoin pegged 1:1 with the U. S. dollar – could soon exceed those of Bitcoin’s. Tether to Soon Eclipse Bitcoin What was to be a mere stablecoin turned out to challenge Bitcoin, at least as a transactional tool. дальше »

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Celo Dollar (cUSD) Stablecoin Launches as the Libra Rival Eyes Digital Ecosystem Dominance

Celo Dollars (cUSD) stablecoins are now live on the platform's mainnet according to a medium post by the foundation on June 29. This comes barely two months since Celo's mainnet went live; the project has been making aggressive moves in both development and community growth. дальше »

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Bitcoin Demand Pushes Tether Below $1 for Longest Stretch Since March

Tether, the oldest and largest stablecoin tied to the U.S dollar, has fallen below par value for the longest stretch since bitcoin dropped to 12-month lows in March. дальше »

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Rupiah Token (IDRT) Stablecoin Got Listed on Instant Cryptocurrency Exchange Service Changelly

Rupiah token (IDRT), the most adopted Indonesian stablecoin, got listed on the non-custodial cryptocurrency instant exchange Changelly. com. The token backed by Indonesian national currency is now available for instant exchanges from and into 150+ cryptocurrencies listed on the Changelly platform and can be purchased with a bank card for US dollar (USD), Euro (EUR) andRead MoreRead More. дальше »

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Uphold Announces Expansion of its Stablecoin Portfolio

Stablecoin center is launched by digital payment platform Uphold to meet demands for digital dollar offerings

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