Tag: stablecoin
Jewel Bank, Polygon Launch Bermuda’s First USD-Backed Stablecoin
Jewel Bank, Polygon, will launch Bermuda’s first 1:1 backed stablecoin shortly, according to Jewel Bank founder and president Chance Barnett. Jewel USD (JUSD), the first stablecoin to be launched in…
Tron Algorithmic Stablecoin USDD Drops to $0.97
Tron’s algorithmic stablecoin, called Decentralized USD, also known as USDD, fell to $0.97, marking the second time the stablecoin has dropped off the dollar’s peg. since its inception earlier this…
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…
Coinbase Asks Customers to “Convert USDT to USDC” as it is a More Reliable Stablecoin
Coinbase Exchange Company cryptocurrency in the united statesplease Client converts USDT to USDC, a stablecoin issued by Circle and co-founded by Coinbase in 2018. Switch to a trusted stablecoin: USD…
Cardano to Launch “Stablecoin Algorithm” in 2023, Community Worries It Will End Up Like TerraUSD
With the new announcement that Cardano is launching an algorithmic stablecoin in 2023, many community members have voiced their concerns. By comparing the project with TerraUSD (UST), which caused huge…
Leading Cardano Stablecoin Project Announces Shutdown, Says “Development on Cardano Is Too Difficult”
On November 24th, Ardana, the leading decentralized finance (DeFi) and ecosystem-building stablecoin on Cardano (ADA),stopCiting “uncertain funding and project timeline”, the project will remain open source for creators, while Ardana…
Curve Publishes Official Whitepaper and Code of “crvUSD Stablecoin”
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“Djed Stablecoin will act as a safe haven on the Cardano Network,” COTI CEO said.
Cardano Blockchain Platform Proof-of-stake has partnered with COTI, a DAG-based Layer 1 protocol, to launch what it calls The project announced that the stablecoin would be backed by a surplus…
Cardano “USDA” Stablecoin Launching in 2023
Cardano’s USDA Stablecoin Becomes First Stablecoin Backed with Fiat Value Cardano Debuts Stablecoin Cardano Blockchain Social Platform and Fund Emurgo Preparing to Launch USDA, a Legally Regulated and USD-Backed Stablecoin…
USDA-regulated Cardano Stablecoin Set to Launch in Early 2023
Emurgo, the official entity and founder of the Cardano blockchain, plans to launch USDA, a USD-pegged stablecoin, in early 2023. USDA will be a fully fiat backed and regulatory stablecoin…