Tag: stablecoin
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…
“Stablecoin Adoption Could Lead to DeFi Growth,” Aave Founder Says
Stani Kulechov, founder of the Aave protocol, highlighted several issues within the DeFi space at the StarkWare Sessions 2023 held at The Cameri Theater in Tel Aviv. Israel In a…
Euro Stablecoin Launched in Finland Ready to Claim First Approval in EU – Bitcoin Addict
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ADA Backed Stablecoin Algorithm ‘Djed’ Launches on Cardano
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Binance Responds To Reports That BUSD Stablecoin Is Not Fully Supported For Some Time
Binance has responded to a Bloomberg report that the stablecoin Binance-Peg BUSD “does not always appear to be fully supported by BUSD.” In a blog post Jan. 10, Binance saidThe…
Cardano Partners with Yepple to Enable NFT Payments with DJED Stablecoin
The COTI network has announced DJED’s new partnership with NFT payments startup Yepple as a gateway that supports all Fungible Tokens. Art creators are now able to list NFT with…
Hong Kong prepares to launch CBDC in the form of stablecoin adapting to the Web 3 era
Hong Kong Considers Issuing a CBDC as a Stablecoin Hong Kong authorities prepare to create a CBDC in the form of a 100% government-backed stablecoin. Mr Wu Jiezhuang, Member of…
Development Team of Algorithmic Stablecoin USDV Announces Shutdown can’t go on after
The developer of the Stablecoin Vader Protocol US Dollar (USDV) coin has announced that it will shut down on December 29th, with the rest of the vault going to be…
Waves Founder Announces New Stablecoin Claims It Will Never Drop Pegs
Sasha Ivanov, founder and CEO of Waves blockchain platform, is planning to launch a new stablecoin amid the ongoing crisis of Waves-backed Neutrino USD (USDN). Ivanov posted on Twitter on…
Argentine province of San Luis to issue stablecoin pegged to US dollar
province of San Luis in Argentina.approveLegislation that allows the issuance of its own stablecoin pegged to the US dollar. The token, dubbed “Activo Digital San Luis de Ahorro,” will be…