Algorithmic Stablecoin USDD Depegs, Now Trading at $0.98

Justin Sun, the founder of Tron, plans to provide a “holistic solution” to alleviate the liquidity crisis facing FTX. Meanwhile,

3 weeks ago 2 mins read

Withdrawals of USDT and USDC on Solana Halted by

Customers of the cryptocurrency exchange were informed today via an email that all deposits and withdrawals for the USDT

3 weeks ago 2 mins read

Sam Bankman-Fried Says FTX Plans to Issue Stablecoin

FTX exchange plans to create stablecoin. FTX Token traded at $24.55 with a price surge of over 8% in the

1 month ago 2 mins read

EURS and the State of the Stablecoin Race

In 2022, euro-denominated digital assets have gained in popularity and many experts believe that the formation of this new sector

1 month ago 5 mins read

CFTC’s Control Over Stablecoins Should Be Strengthened, Says Gensler

As per Gensler, the control over stablecoins will reduce the risk to the financial system. Gensler says the CFTC lacks

1 month ago 2 mins read

Celsius Stablecoin Sale Proposal Withheld by Securities Regulators

The Celsius stablecoin sale plan is oppose by Texas and Vermont regulators. A hearing on the issue is schedule for

2 months ago 2 mins read

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

2 months ago 2 mins read

Two-Year Ban on TerraClassicUSD-Like Coins?

Draft for regulating stablecoins is seemingly to ban algorithmic stablecoins. Strict regulation to follow for both banking and non-banking issued

2 months 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 months 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

4 months ago 2 mins read