Search Results for: stablecoin

Stablecoin Bill Has a Narrow Chance to Pass By 2022 End

The draft for regulation bill is in circulation among the U.S Representatives. The inclusion of stablecoins in the major payment

5 days ago 2 mins read

Celsius Network Submits a Request To Sell Its Stablecoin Holdings Worth About $23M

A bankrupt crypto lending company, Celsius Network, reveals about its file request to sell its stablecoin holdings. All the documents

2 weeks ago 2 mins read

Tether Releases USDT Stablecoin on Near Protocol

Tether USDT is now accessible on the 11th blockchain, the Near Protocol. When it first appeared in 2014, Tether was

2 weeks ago 2 mins read

DeFi Protocol Curve Finance to Launch ‘crvUSD’ Stablecoin

The stablecoins code was released into GitHub by its developers. Over-collateralization ensures the new currency will maintain its $1 peg

3 weeks ago 2 mins read

Tether Denies Claims of Inadequate Stablecoin Reserves

The firm disclosed the intention to provide monthly updates on the financial reserves. It denied the article’s assertions that the

4 weeks ago 2 mins read

USDC Stablecoin Now Accepted on Travala Through Polygon Network

Reddit’s NFTs, dubbed “Collectible Avatars,” are going to be minted on Polygon. The stablecoin may be used to buy over

1 month ago 2 mins read

USDN Stablecoin Loses $1 Parity Yet Again This Year

The price declined to $0.82 in May and again to roughly $0.93 in June. As rumors of market manipulation spread

1 month ago 2 mins read

Circle Led USDC Stablecoin Held by Large Whales Plummet

The top 1% of addresses recently controlled 87.667% of all USDC. On-chain statistics show a sell-off of USDC over the

1 month ago 2 mins read

DeFi Protocol Acala Network Hacked of 1.2B AUSD Stablecoin

The Polkadot parachain Acala implements the Horizon cross-chain stablecoin protocol. The attackers’ excessive minting of aUSD stablecoin caused its value

1 month ago 2 mins read

Singapore’s MAS Will Begin a Public Consultation on Stablecoins

MAS is actively enhancing its surveillance of the expanding cryptocurrency market. The central bank would soon consult the public on

2 months ago 2 mins read