Stablecoin

Alchemy Pay Partnerships with Decentralized USD

Alchemy Pay Partnerships with Decentralized Stablecoin USDD

Alchemy Pay (ACH), a payment solution provider that seamlessly connects fiat and crypto, announced its significant partnership with Decentralized USD (USDD), the first over-collateralized decentralized stablecoin. It will enable individuals to acquire USDD using their fiat currency. 🎉#AlchemyPay and @usddio, the first over-collateralized decentralized stablecoin, have partnered to integrate USDD

August 8, 2023 2 mins read

Visa Launches Onchain Analytics Dashboard for Stablecoins Monitoring

Tether (USDT) And USD Coin (USDC): Stablecoin Trends in H1 2023

In a volatile quarter for the cryptocurrency industry, stablecoins have emerged as key indicators for impending market surges, while leading exchange Huobi faces intensified scrutiny. The ongoing tug-of-war between regulatory uncertainty and market optimism has kept investors on their toes. Historically, the movement of stablecoins such as Tether (USDT) and

August 8, 2023 2 mins read

US Financial Committee Chairman to Pass Landmark Legislation on Stablecoins

The Chairman of the Financial Services Committee of the United States, Patrick McHenry, who is serving the tenth Congressional District has introduced the Clarity for Payment Stablecoins Act through Bipartisan vote. In Washington, this Thursday, Chairman McHenry laid the foundation for regulating the stablecoin providers with strong consumer protection. This

July 28, 2023 2 mins read

Stablecoin Supply Skyrockets: Reaches $165 Billion, Highest in 2 Years

Consistent Stablecoin Market Decline Brings Total Cap to $127B

According to a recent analysis, the total value of all stablecoins has dropped for the sixteenth month in a row, to almost a level not seen since August of 2021. According to research published on July 20 by CCData, a cryptocurrency analytics platform, the stablecoin market worth dropped by 0.82%

July 21, 2023 2 mins read

Chaos on Binance US: Top Stablecoins Hit by Silent Crisis

Hacks and phishing attacks of different kinds invaded the crypto landscape in the first week of July. As a result, two major stablecoins breached their stable grounds, recording extreme lows on Binance US. On July 9, around 00:00 UTC, the largest stablecoin, Tether (USDT), depegged from its $1 parity and

July 10, 2023 1 min read

Paxos Partners With Mercado Libre To Offer USDP Stablecoin Access

The Rise of Stablecoins: A Secure Haven for Investors

In the ever-evolving landscape of cryptocurrency, the emergence of stablecoins creates waves, offering a refuge for investors in the tumultuous seas of digital finance. Buoyed by robust reserves and promising stability in a volatile market, these digital tokens have rapidly become a preferred asset. Moreover, leading banking institutions and federal

June 27, 2023 3 mins read

TrueUSD Announces Having No Exposure To Struggling Prime Trust

On June 22, TrueUSD tweeted that its TUSD stablecoin has “no exposure” to the ailing Prime Trust, which is allegedly encountering regulatory issues. Prime Trust, located in Nevada, allegedly froze all fiat and cryptocurrency deposits and withdrawals. This was after receiving an order from state financial authorities. Many customers are

June 24, 2023 1 min read

July Showdown: U.S. Legislation to Redefine Crypto and Stablecoin Landscape

This July, the U.S. House Financial Services Committee, under its Chair, Patrick McHenry, is slated to vote on two pivotal pieces of legislation. These laws could decisively influence the future of digital assets, particularly cryptocurrencies and stablecoins. U.S. House committee to vote on crypto, stablecoin legislation in July https://t.co/WtpcTxX2GY —

June 22, 2023 2 mins read

Binance USD Analysis, Tradecurve Price Increases 30%

Binance USD (BUSD), was one of the top dollar-pegged stablecoins in the crypto market, but its growth has taken a side track since its issuer was sued by the Securities and Exchange Commission (SEC). The market cap of BUSD has now been on a decline, causing it to fall to

June 19, 2023 4 mins read

BUSD Stablecoin Drops to Fourth Place on Top Stablecoins List

CoinMarketCap data reveals that the U.S. dollar-pegged BUSD stablecoin has dropped to fourth place in market capitalization among other stablecoins, having lost more than $1 billion during the last 30 days. There has been a 29% drop from May 18’s $5.54B market value to today’s $4.3B valuation of BUSD. Since

June 18, 2023 2 mins read