Tag: stablecoins
All news related to cryptocurrencies pegged to other assets, such as the US dollar.
Tether Blocks Address with More Than $1M in USDT
Reading Time: < 1 minuteThe issuer of the stablecoin USDT, Tether, has added to its blacklist an Ethereum address with over $1 million worth of crypto assets.
The Death of the Traditional Savings Account: BitMEX EARN Launches More 14% APR Products for Tether
Reading Time: 2 minutesBitMEX is launching another high-return BitMEX EARN product today following a strong response from its users and the crypto community which saw them become fully subscribed.
US Treasury Releases Report on the Risks of Stablecoins
Reading Time: < 1 minuteThe US Treasury has published a report on the risks associated with stablecoins.
US FDIC May Extend $250,000 Insurance Coverage to Stablecoin Deposits
Reading Time: < 1 minuteCertain stablecoins may be listed on the FDIC’s $250,000 end-to-end coverage.
COTI Plans to Issue “Djed,” the First Algorithmic Stablecoin on Cardano
Reading Time: < 1 minuteCardano founder Charles Hoskinson has unveiled during the Cardano Summit COTI will serve as the official issuer of a new stablecoin based on the Djed stablecoin protocol.
HaloDAO Teams Up with TrustToken to Expand International Stablecoins Marketplace
Reading Time: < 1 minuteHaloDAO has recently announced it has teamed up with stablecoin issuer TrustToken to add support for TAUD, TCAD, TGBP and THKD into its dApp.
Facebook Leaves Diem Behind And Seeks Third-party Stablecoins
Reading Time: < 1 minuteNovi Financial, which is behind the Diem project, is exploring partnerships with third-party stablecoin issuers.
Expert: The Stablecoin Market Will Grow to $1T by 2025
Reading Time: < 1 minuteThe capitalization of stablecoins will grow from the current $115 billion to $1 trillion by 2025 despite the existing regulatory uncertainty.
Fed Chairman: The Digital Dollar Will Affect Bitcoin’s Popularity
Reading Time: < 1 minuteThe chairman of the US Federal Reserve has said stablecoins and cryptos will no longer be useful after the digital dollar is launched.
Stablecoin USDC Will Soon be Available on 10 Extra Networks
Reading Time: < 1 minuteUSD Coin (USDC), a stablecoin pegged to the price of the US dollar developed by the Centre Consortium, could soon expand to 10 more blockchains.
The Total Supply of Stablecoins Breaks Above $100B
Reading Time: < 1 minuteThe total supply of the stablecoin market has just hit a new milestone after breaking above $100 billion.