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
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
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
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
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
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
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
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
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
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
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