Tag: USD
Supporters Call for Hong Kong Government to Issue Stablecoin to Compete with Tether and USD Coin
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Binance US has resolved the USD withdrawal issue, but warns that partner banks may stop providing services in the near future.
US-based crypto exchange Binance US has informed its customers that the US dollar withdrawal issue has been resolved. After working with banking partners But it warned that banking alliances would…
Coinbase Announces Suspension of Binance USD (BUSD) Trading
Coinbase, a cryptocurrency exchange in the united states announced on March 13 that it had suspended trading of Binance USD, reassuring users that BUSD of them will still be accessible.…
Breaking news!!! The US SEC plans to sue Paxos for issuing Binance USD (BUSD) as an unregistered security.
The US Securities and Exchange Commission (SEC) has reportedly informed Paxos that it plans to sue the company. The Binance USD (BUSD) stablecoin was issued as an unregistered security in…
Acala Network Resumes Operation After Burning $2.97 Billion Acala USD (aUSD)
After the latest stablecoin-related aUSD failure, the Acala network announced Monday that It has resumed following community opinions allowing LPs to withdraw liquidity from the pool or unstake LP tokens.…
Compound Treasury allows institutions to use digital assets as collateral for USD or USDC loans.
Compound Treasury, an institutional cash management solution powered by Compound Protocol. announceAs of Sept. 14, accredited institutions can borrow USD or USDC with fixed rates starting at 6% APR, using…
Acala Community Votes to Burn $2.97 Billion Acala USD (aUSD)
fromA post by Acala Network co-founder Bette Chen states that the community has voted to burn $2.97 billion worth of Acala USD (aUSD). caused by liquidity bridge failure Acala is…
Circle reveals its total reserves of USD Coin (USDC) for the first time for transparency.
Circle Internet Financial has released full details of its holding of USD Coin (USDC) for the first time, a move designed to provide transparency and build trust among stablecoin issuers.…
Crypto .com Partners with Silvergate to Help Institutions Buy and Sell Crypto with USD
Crypto.com, an exchange for major cryptocurrencies. Continues to expand on-ram and off-ramp solutions with new partnership with California-licensed Silvergate Bank Crypto.com announced Tuesday that it is working with Silvergate to…