Tag: stablecoins
All news related to cryptocurrencies pegged to other assets, such as the US dollar.
TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin
Reading Time: 3 minutesGeneva, Switzerland, 24th July, 2022, Chainwire The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON. The […]
Central Bank of Australia Talks About Advantage of Regulated Cryptos over CBDCs
Reading Time: < 1 minuteRBA Governor Philip Lowe has said that regulated and consumer-facing private tokens are better than national digital currencies (CBDCs).
ECB: Stablecoins Are an Unsuitable Means of Payment
Reading Time: < 1 minuteStablecoins are impractical as a payment method, and their current form is not suitable for use in the real economy.
Circle CEO Unveils Details on USDC Collateral
Reading Time: < 1 minuteJeremy Allaire has unveiled the details of how the company’s stablecoin, USD Coin (USDC), works.
Tether Says Celsius Incident Has Not Affected USDT Reserves
Reading Time: < 1 minuteUSDT issuer Tether has said the negative events surrounding the project has not affected the financial stability of the USDT.
Tether is Launching USDT on Tezos Blockchain
Reading Time: < 1 minuteTether, the issuer of the stablecoin USDT, has announced it will launch Tether tokens (“USDt”) on the Tezos blockchain.
USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
Reading Time: 4 minutesGeneva, Switzerland, 5th June, 2022, Chainwire TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch. […]
Japan Approves Bill for Stablecoin Regulation
Reading Time: < 1 minuteThe Japanese parliament has just passed a bill aimed at regulating stablecoins in the country following the recent collapse of the TerraUSD stablecoin.
Terra 2.0 Validator: There Might Be an Algorithmic Stablecoin on the Network
Reading Time: < 1 minuteOrbital Command has noted the rollout of the DEX should be followed by the launch of the stablecoin.
Tether Issues a Stablecoin Pegged to Mexican Peso
Reading Time: < 1 minuteTether, the issuer of USDT has launched the MXNT stablecoin, which is pegged to the Mexican peso.
Hashed Has Lost $3.5B Due to Terra Crash
Reading Time: < 1 minuteThe recent collapse of Terra has cost blockchain company Hashed $3.5 billion in losses.
South Korea Files Lawsuit Against Terraform Labs CEO Over UST Collapse
Reading Time: < 1 minuteLKB & Partners, one of the leading law firms in South Korea, is preparing to sue Terraform Labs CEO Do Kwon.
More Whitelisted Members, Wider DEX Integrations, Higher Total Supply – USDD Thrives Alongside Increased and Diversified Reserve Assets
Reading Time: 4 minutesGeneva, Switzerland, 17th May, 2022, Chainwire he TRON DAO Reserve has announced four more major players in the blockchain industry, Amber Group, Poloniex, ANKR, and Mirana following Alameda Research founded […]
The UK Will Not Legalize Algorithmic Stablecoins
Reading Time: < 1 minuteThe UK Treasury plans to include the regulation of stablecoins as a payment mechanism in the Financial Services and Markets Bill.
Terra Investors Are Looking for Project Creator Do Kwon
Reading Time: < 1 minuteAngry investors are wondering where Terraform Labs CEO Do Kwon is and have called for his arrest.
TUSD Announces New Domain Name While Continuing to Be a Top Stablecoin with its Three Core Competencies
Reading Time: 4 minutesSingapore, Singapore, 12th May, 2022, Chainwire TUSD has announced its new domain name from trueusd.com to tusd.io for a cleaner, concise, and more memorable name as it continues to offer […]
Tether CTO: The Company Has No Plans to Hold an IPO
Reading Time: < 1 minuteTether, issuer of the stablecoin with the same name Tether (USDT), is not considering an IPO.
TRON DAO Launches USDD Jointly with Blockchain Leaders
Reading Time: 3 minutesGeneva, Switzerland, 5th May, 2022, Chainwire H.E. Justin Sun, Founder of TRON, has announced the launch of USDD through the TRON DAO Reserve on Thursday, May 5. SunSwap, Uniswap, PancakeSwap […]
TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards from Stablecoin Pool Incentive Program
Reading Time: 3 minutesSingapore, Singapore, 31st March, 2022, – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a […]
Price of Cashio Project Stablecoin Drops Following Hack Attack
Reading Time: < 1 minuteSolana-based protocol Cashio has been attacked, which has made the price of the stablecoin CASH fall to zero.
Swiss City of Lugano Will Allow Bitcoin and USDT Payments
Reading Time: < 1 minuteThe Swiss city of Lugano will make Bitcoin, Tether and the city’s LVGA token “de facto” legal tender.
Circle Hits $9 Billion Valuation Due to Renewed Merger Agreement with SPAC
Reading Time: < 1 minuteCircle has agreed new terms for a reverse merger deal with SPAC Concord Acquisition Corp.
Meta Refuses to Issue its Own Stablecoin
Reading Time: < 1 minuteFacebook, which has recently renamed to Meta, announced in 2019 the development of its own fiat-backed digital currency.
Fed Releases Report on the Risks and Benefits of Stablecoins
Reading Time: < 1 minuteThe Federal Reserve of the United States (Fed) has published a report that examines the threats and impact of stablecoins on US monetary policy and the credit system.
USDC Supply on Ethereum Exceeds USDT for First Time
Reading Time: < 1 minuteThe total supply of stablecoin USD Coin (USDC) from the Center consortium on the Ethereum blockchain has surpassed Tether (USDT) for the first time.
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