Tag: stablecoin
Terra’s UST Overtakes BUSD To Become 3rd Largest Stablecoin
Terra USD (UST) Overtakes Binance USD (BUSD) To Become 3rd Largest Stablecoin By Market Cap According to Coingecko, the total market capitalization of UST has increased 15% over the past…
Tether’s USDT Stablecoin Expands Into Polkadot Ecosystem With Kusama Launch
Tether (USDT), the largest dollar-linked stablecoin by market capitalization.over 80 billion dollars It is being launched on Kusama, the parallel blockchains that act as Polkadot’s “canary network.” Peter Mauric, head…
Terra Buys Additional 2,500 BTC Worth $100.4 Million To Fund UST Stablecoin
information from the walletconfirmThe Luna Foundation Guard (LFG), a non-profit connected to the Blockchain protocol Terra, purchased an additional 2,500 BTC, or $100,4 million, to the UST Stablecoin reserve on…
Morgan Stanley Says US Can Control Stablecoin Issuers Like Banks
“The US Treasury Department and Congress It is preparing regulations for issuers of stablecoins or crypto coins that may be regulated in the same way that banks are regulated,” Morgan…
OCC Acting Head Warns of Incompatibility Between Stablecoin Coins – Bitcoin Addict
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Rumor…Near Protocol Will Launch Its Own Stablecoin Called “USN”
Near Protocol is rumored to be launching its own stablecoin known as USN, with one source stating that stablecoin is in the works. But the internal timeline hasn’t been revealed…
Luna Foundation Guard Buys $100M AVAX Tokens To Increase Stablecoin Reserves
The Luna Foundation Guard (LFG) announced Thursday that it will buy $100 million AVAX tokens from the Avalanche foundation to boost its stablecoin Terra (UST) reserves. Welcome $AVAX as the…
Binance Launches UST Stablecoin Staking Program With Up To 19.63% APY
Binance Exchange has launchedThe new TerraUSD (UST) staking program with an APY of up to 19.63%, Do Kwon, co-founder of Terra Luna (LUNA), has also spoken about the launch. Anchor…
US Proposes Bill to Bring Transparency to Stablecoin Markets – Bitcoin Addict
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“CBDC Won’t Affect Private Stablecoin Market,” Says Tether CTO
Paolo Ardoino, chief technology officer at Tether, believes that increased developments around the global central bank digital currency (CBDC) will not affect the role of privately held stablecoins. Ardoino shared…