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Kraken, Galaxy Digital, and Robinhood back USDG via Global Dollar Network
Prominent cryptocurrency-focused firms like Kraken, Galaxy Digital, and Robinhood have joined forces to back the Global Dollar, a regulated yield-bearing stablecoin developed by stablecoin issuer Paxos. дальше »
2024-11-5 09:58 | |
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Bitcoin and the risk of stablecoin liquidity shortage - Holders should know THIS!
Are stablecoin reserves holding back liquidity flows into Bitcoin? Bitcoin ETFs have grown significantly lately and might have influenced the crypto's price too Stablecoins play a vital roleThe post Bitcoin and the risk of stablecoin liquidity shortage - Holders should know THIS! appeared first on AMBCrypto. дальше »
2024-11-3 19:00 | |
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Avalanche TVL soars back above $1B as AVAX bulls face resistance
Bullish activity breathes more life into Avalanche TVL and stablecoin market cap. Can AVAX hold on to recent gains as sell pressure gradually creeps back in? The Avalanche [AVAX] ecosystem hThe post Avalanche TVL soars back above $1B as AVAX bulls face resistance appeared first on AMBCrypto. дальше »
2024-9-29 13:00 | |
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BlackRock and Securitize back Ethena’s new stablecoin
Ethena Labs is launching a new stablecoin project fully backed by BlackRock’s Ethereum-based tokenized fund and Securitize. Synthetic dollar issuer Ethena (ENA) unveiled its UStb fiat stablecoin product, which is supported by the BlackRock USD Institutional Digital Liquidity Fund, known… дальше »
2024-9-26 18:10 | |
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Bitcoin Recovers Back To $57,000: Here’s What Could Be Behind This
Bitcoin has surged in the last 24 hours with its price recovering back to $57,000. Here’s what could be behind this, according to on-chain data. Exchanges Received Large Stablecoin Deposits Ahead Of Bitcoin Rally In a new post on X, the market intelligence platform IntoTheBlock has discussed about the significant stablecoin net inflows into exchanges […] дальше »
2024-9-11 03:30 | |
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Major Japanese banks back stablecoin platform for cross-border settlements
The collaboration could significantly enhance global financial efficiency, reduce transaction costs, and promote stablecoin adoption in traditional finance. The post Major Japanese banks back stablecoin platform for cross-border settlements appeared first on Crypto Briefing. дальше »
2024-9-7 16:04 | |
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Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD. дальше »
2024-6-11 18:18 | |
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Ripple CEO Claims US Government Is Obviously Going After USDT; Tether’s Ardoino Claps Back
Paolo Ardoino has slammed Ripple boss Brad Garlinghouse after the latter recently shared concerns over the United States government’s scrutiny of leading stablecoin issuer Tether. дальше »2024-5-14 15:49 | |
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Stripe Brings Back Crypto Payments Via USDC Stablecoin
Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin. дальше »
2024-4-26 21:55 | |
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Tether Whales are Returning USDT Recently Dumped; What does this Mean?
Santiment has pointed out another indicator to look out for that could signal a crypto market recovery. Per the data, Tether USDT shark and whale wallets — wallets that hold between $100k and $10 million of the dollar-pegged stablecoin — have been adding back to accumulation ways. дальше »
2022-10-27 00:33 | |
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LUNC price prediction as USTC stablecoin goes parabolic
LUNC price remained in a consolidation phase on Thursday even as the Terra Classic USD bounced back. Terra Luna Classic was trading at $0. 00025, where it has been in the past few days. This price is about 61% below the highest level in September. дальше »
2022-10-20 13:42 | |
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Creators of Meta’s failed Diem stablecoin now launches Aptos Autumn mainnet
Aptos Labs, the creators of the failed Diem stablecoin project that Meta Platforms Inc (NASDAQ: META) had attempted to launch sometime back, on Monday successfully launched their blockchain mainnet called Aptos Autumn. дальше »
2022-10-18 14:02 | |
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Old Mutual Wealth to Handle Cash Reserves of Rand-Backed Stablecoin ZARP
Financial Services Giant Old Mutual Wealth is appointed to control the reserved notes that back ZARP, the crypto stablecoin pinned to the worth of the South African Rand. The post Old Mutual Wealth to Handle Cash Reserves of Rand-Backed Stablecoin ZARP appeared first on BeInCrypto. дальше »
2022-9-16 21:00 | |
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SNX's 116% rally on the back of growing stablecoin demand means...
The recovering market has been benevolent for many altcoins such as Synthetix, more so than others. In fact, in addition to this, their use cases have grown as well. However, this also fuels a leadingThe post SNX's 116% rally on the back of growing stablecoin demand means... appeared first on AMBCrypto. дальше »
2022-8-1 10:00 | |
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Why Solana [SOL] hiked at the back of Nirvana flash loan exploit
Solana [SOL] algorithmic stablecoin, Nirvana was recently the subject of a $3.5 million exploitation. On Thursday (28 July), it announced via its official Twitter page that it had lost some of its resThe post Why Solana [SOL] hiked at the back of Nirvana flash loan exploit appeared first on AMBCrypto. дальше »
2022-7-30 23:30 | |
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US stablecoin bill delayed until after congressional recess
The bipartisan bill on stablecoin regulation in the United States has been pushed back by the House Financial Services Committee, according to a statement issued by committee Chairwoman Rep. Maxine Waters (D-CA). дальше »
2022-7-29 19:41 | |
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Tether Hits Back at Critics; Clarifies Once Again That It Holds No Chinese CP as Reserves
Stablecoin issuer Tether took to Twitter on July 27 to clarify that it holds no Chinese commercial paper (CP) on the back of industry rumors that continue to claim its portfolio in the vertical is backed by 85% Chinese or Asian commercial papers. дальше »
2022-7-28 22:00 | |
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Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks. дальше »
2022-7-21 00:01 | |
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TRON’s stablecoin USDD employs an overcollateralised mechanism to maintain the USD price peg
After Terra’s algorithmic stablecoin TerraUSD (UST) failed miserably in May, TRON announced a plan to back up its own stablecoin with more capital on Sunday morning. An announcement on Sunday says that USDD, an algorithmically stable coin on the TRON blockchain, will now be overcollateralised. дальше »
2022-6-7 17:49 | |
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ViaBTC Capital
The sudden crash Back in April 2022, Terra was still a public chain with a market cap of $41 billion and plenty of rosy visions. However, in just one month, its native algorithmic stablecoin UST de-pegged from the dollar due to manipulation by big institutions and flawed mechanisms. дальше »
2022-5-27 08:11 | |
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Tether Cuts 17% Of Its Commercial Paper Holdings Over Q1 2022
As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT. дальше »
2022-5-21 17:00 | |
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Altcoin Aversion: Why Bitcoin And Stablecoin Dominance Is On The Rise
Bitcoin and the crypto market are back in the red. The first crypto by market cap records a 2% loss in the last 24-hours and could push other digital assets into critical support zones. Related Reading | Bitcoin Indicator Hits Historical Low Not Seen Since 2015 At the time of writing, Bitcoin is one of the best-performing assets in this ranking only surpassed by Binance Coin (BNB) and Ethereum (ETH), according to data from Coingecko. дальше »
2022-5-4 01:00 | |
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Price of Near token bounces back after Near Protocol stablecoin goes live
NEAR, the native token, of the Near Protocol, has surged today after the Near… The post Price of Near token bounces back after Near Protocol stablecoin goes live appeared first on Coin Journal. дальше »
2022-4-26 11:05 | |
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Terra’s UST Poised For More Growth After Surpassing BUSD To Become 3rd Largest Stablecoin
Terra’s stablecoin, TerraUSD (UST), has pushed past Binance’s BUSD, becoming the 3rd largest stablecoin by market cap. The news comes as the community behind the asset continues accumulating Bitcoin to back UST. дальше »
2022-4-23 21:42 | |
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