Stablecoin

USTC Gaining Back Stability, $1 Peg Obtainable?

The price of USTC reached the maximum limit of $0.099 on June 29. The coin has moved up from its

10 hours ago 2 mins read

Not So Stable Stablecoins – USDD Hits All Time Low

The stablecoins are going low and belong to their peg. The market cap of stablecoin as of now is above

1 week ago 2 mins read

Tether (USDT) Network Attacked Using DDoS Resulting in 8M Requests/Min

The request significantly differs from the daily average of 2k requests/5min. The company had received a ransom demand from the

2 weeks ago 2 mins read

Firm Behind USDC Stablecoin ‘Circle’ Announces Launch of EUROC Stablecoin

The Euro Coin, or EUROC, will be accessible for trade on June 30. The euro-pegged stablecoins first custodian is Silvergate

2 weeks ago 2 mins read

Russia’s Banking Giant ‘Sber’ To Execute First Digital Currency Deal Next Month

By mid-July, the bank plans to undertake its first DFA transaction. The VTB board member said they would establish a

2 weeks ago 2 mins read

Japan Passed Bill for Stablecoins to Protect Investors

The bill does not address existing asset-backed stablecoins. Mitsubishi UFJ intends to launch its own stablecoin called Progmat Coin. On

4 weeks ago 2 mins read

TRON Defies Bearish Market Phase to Outperform Almost Entire Crypto Market

In November of last year, the global cryptocurrency market was valued at $3 trillion; now, it is valued at $1.2

4 weeks ago 5 mins read

Co-Founder of USDT And ETH Do Not Believe In Algorithmic Stablecoins

TerraUSD’s failure has shattered the hopes of algorithmic stablecoins. Co-founder of Tether and Ethereum says the structure of UST is

4 weeks ago 2 mins read

China Might Strictly Regulate Crypto Space Terra Aftermath

Colin Wu, a China crypto reporter, said the Chinese government could implement even stronger restrictions or even ban stablecoins. Due

1 month ago 2 mins read

Stellar Collaborates With MoneyGram to Offer USDC Transfer Platform

Terra’s demise has raised fears that other stablecoins may lose their peg. Stellar blockchain digital wallet users will be able

1 month ago 2 mins read