Tag: stablecoin
Self-proclaimed Satoshi Craig Wright Attacks Tether Stablecoin as Dead Coin
Craig S. Wright, widely known in the crypto community for claiming to be Satoshi Nakamoto or Faketoshi, took to Twitter to post an attack on the USDT stablecoin issued by…
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.”…
Holding stablecoin will still be stuck in the mountains! Don’t want to repeat LUNA UST Quick read, click!
2023 in the first quarter has caused a lot of panic among investors, with stablecoin holdings still on the rise after USDC dropped PEG below $0.88 and now DEPEG is…
Aave Suspends Stablecoin Trading on Avalanche V3
Aave Suspends Stablecoins Trading and Set Ratios Zero Loan-to-Value (LTV) in response to recent stablecoin price volatility In light of the current volatility surrounding stablecoins, Aave DAO has frozen USDC,…
Binance Turns to New Stablecoin After BUSD Crashes with SEC
Binance has started to support a new stablecoin after the Securities and Exchange Commission (SEC) legal action against BUSD (Binance USD) forced Binance to find another way to meet demand…
“Euro Coin” Euro-Backed Stablecoin Getting ready for trading on Coinbase
Euro Coin (EUROC), a euro-backed stablecoin It will go live on Coinbase in regions where trading is supported. According to the trading websitesayon Twitter Coinbase will add support for Euro…
TrueFi’s TRU token shoots 140%! Behind Binance Mint, $50 Million TrueUSD Stablecoin
TrueFi’s TRU Token Soars 140% Shortly After Binance Mint’s $50 Million TrueUSD Stablecoin Binance has mint 49.99 million TRU accordingly.Etherscan’s information The move comes just days after Paxos was ordered…
Brazilians Use of USDT Stablecoin Increases 58%, Surpassing Bitcoin and Ether
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PayPal Announces Temporary Suspension of Stablecoin Project: Bloomberg Report
PayPal Announces Temporary Suspension of Stablecoin Project Amid Increased Regulatory Scrutiny according to the news agency Bloomberg reported by citing news sources The news comes a day after it was…
Stablecoin issuer Paxos is being investigated by NYDFS, the New York financial authority.
New York State Department of Financial Services (NYDFS), the government agency that regulates financial products and services in New York, is investigating stablecoin issuer Paxos. The scope of the investigation…