Tag: Peg
Moody’s Warns USDC, Peg Slip Will Hinder Stablecoin Growth
Credit rating agency Moody’s Investors Service warned that “financial institutions may reconsider adopting stablecoins to settle deals involving tokenized securities. due to concerns about the potential volatility of the coin.”…
USDC is now back at $1 after losing the peg for a while.
USDC has been below $1 since last Friday after the Silicon Valley Bank announced its closure. This has caused a lot of concern for investors in the crypto market. Most…
Algorithmic Stablecoin “USDN” Off The Peg, Dropping To $0.81
Neutrino Dollar (USDN) Algorithmic Stablecoin Backed by Waves, the peg slipped, dropping to $0.81. in the postMost recently, Waves confirmed that USDN is a separate project that uses WAVES as…
USDN Stablecoin Leaks PEG Again Amid Protocol Upgrades
Neutrino Dollar (USDN) Drops PEG Against the Dollar This marks the fourth time USDN has struggled to maintain PEG on the dollar this year. It dropped to $0.90 at the…
Founder of MakerDAO revealed!! May sell DAI-backed USDC soon and risk losing $1 peg, community disagrees.
MakerDAO co-founder Rune Christensen says DAI Stablecoin could fall out of the USD fix if all USD Coin (USDC) is sold, DAI Stablecoin is currently 60% backed by USDC. followdata…
Tron announces $2 billion in reserves To prevent shorting and USDD slipping off the peg
Radius News writing experts, articles related to Bitcoin, Cryptocurrencies and Blockchain both in Thailand and abroad, update prices, investment perspectives. newest every day source site
Forex Trading in Brazil Announcing a full refund to all UST holders before the peg is dropped. Form 1 UST : 1 USDT.
Brazilian crypto exchange Nox Bitcoin has announced that it will use 620.000 Brazilian reals to reimburse UST holders ahead of the peg, according to the crypto news portal Portal do…
Fantom’s DEI Becomes Latest Stablecoin To Lose Peg
Data Shows Deus Finance’s Stablecoin DEI Loses US Dollar Freeze and fell to a low of 54 cents during European hours on Monday. The decline comes amid several algorithmic stablecoins…
Anchor Votes Emergency Measures to Revitalize UST Peg to Cut Deposit Interest to 5.5%
The Anchor Protocol community has released an offer to restore US Terra (UST) after trading at $0.57 at the time of writing.Emergency measures for Terra pe recoveryg’ The proposal aims…
Rumor: Luna Foundation Guard May Prepare $1 Billion Funding To Help Revitalize UST’s Peg Against Dollar
Luna Foundation Guard (LFG), Terra’s stablecoin custodian, is looking to raise over $1 billion, according to reports.of The Block LFG will use the cash to help revive the peg against…