Early yesterday, the entire US market was so busy and excited looking at the massive surge of the TerraUSD (UST). As a remarkable turnover, Terra’s UST surpassed the Binance USD (BUSD) and became the 3rd largest stablecoin by market value. Surprisingly, the surge is over $17.5 billion with a rise
Hector Finance has successfully launched TOR, its much-awaited stablecoin and a key component in the Hector ecosystem. Hector Finance has also enabled yield farming for the TOR Stablecoin. Currently, $TOR LP Farming has surpassed $3.5M TVL with only 800 beta testers and investors are earning 60% APY making TOR yield
PayPal is considering launching its own cryptocurrency stablecoin as a means of sending and receiving payments. PayPal confirmed to Bloomberg on Friday, January 7th, that it is currently investigating a PayPal stablecoin. Developer Steve Moser found code for PayPal Coin, a stablecoin backed by the US dollar, in the PayPal
Facebook plans to sell off it’s much ambiguous stablecoin project, the ‘Diem’. All assets, including the technical resource engineers and team to be sold off. Feds play a major role as hurdles for Diem. Stablecoin owes to be one of the safest and best crypto businesses in the industry. Being
Ethereum blockchain now has 563 addresses, banned since 2017. They may freeze or destroy assets by placing them on the blacklist. The biggest stablecoin issuer has come under scrutiny from regulators in recent years. On January 13th, three Ethereum addresses were blocked with around $160 million in USDT. According to
PayPal decided to launch its Native Stablecoin in the crypto market. The stablecoin is named as the “PayPal Coin” which is backed by the U.S. dollar. Payment Giant is taking a deep dive into the crypto space. PayPal Holdings is an American International fintech company which has been operating as
Myanmar’s National Unity Government said that it would use Tether. DREP promises to combat fake news and digital identity on the internet. Let us take a look at the top 3 Coins by @LunarCRUSH Galaxy Score. TOP 15 coins by @LunarCRUSH Galaxy Score Galaxy Score – a proprietary score that's
TRON’s ecosystem is growing because of the strong coalition. TRON claims that a $20 billion transfer costs less than $800,000 in fees. Since the US government approved the first Bitcoin ETF, many popular ideas have emerged, competing for consumers and funds. Stablecoin is recognized for its role in value benchmark,
AscendEX is thrilled to announce the Listing of Rizon (ATOLO) under the trading pair ATOLO/USDT on AscendEX starting on Nov 29 at 2 p.m. UTC. Rizon is a Tendermint-core-based blockchain platform that develops modules to support the transformation of off-chain services into on-chain services. These modules provide users with blockchain-based
The most widely utilized stablecoins are dollar-pegged. Stablecoins made it easy to transfer funds between crypto exchanges. Stablecoins are crypto-equivalent to fiat currencies like the dollar or the rupee, and it had to be something that could consistently retain value over time and be readily transferred. For example, a system
