Advertisement     Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With r...
Tag: algorithmic
Algorithmic Stablecoins are Coming Under Scrutiny from Policy-Focused Intellectuals
Washington’s political intellectuals are now turning to CBDC’s topic and the stablecoin policy of US Capital. The President’s working group is focusing hard on making this a top priority legislative i...
Avalanche founder claims only one algorithmic stablecoin can succeed – defends Terra’s UST
The founder of Ava Labs, Emin Gün Sirer, has offered his opinions on the crash of Terra’s algorithmic stablecoin, UST. According to Gün Sirer, there is a need for decentralized algorithmic stablecoin...
Cardano and IOST are ready to launch algorithmic stablecoins- will overcome three major issue
The concept of algorithmic stablecoins has recently sparked a lot of discussion in the crypto community, with Terra’s UST at the forefront of many discussions. The approach appears to have found suppo...
Cardano’s (ADA) First Algorithmic Stablecoin Goes Live on Public Testnet
Ethereum competitor Cardano (ADA) has teamed up with blockchain payments ecosystem COTI to launch a new algorithmic stablecoin. In a new blog post, COTI says that Djed, the first-ever algorithmic stab...
Tron’s foray into algorithmic stablecoins has had this effect on TRX
A wise man once said “Algorithmic stablecoins are fast becoming the norm – protocol-issued dollars coming to every blockchain.” Like a self-fulfilling prophecy, two days ago, Tron launched its USDD al...
Cardano Set to Onboard Game-Changing Algorithmic Stablecoins, Rivaling Terra’s UST ⋆ ZyCrypto
Advertisement     The concept of algorithmic stablecoins has recently created quite a buzz in the crypto space with Terra’s UST at the center of many chatters. It appe...
‘Revolution’ Promised by Tron’s Justin Sun Looks Like Clone of Terra’s Algorithmic Stablecoin
JustLend, the biggest of the three, has $1.9 billion of deposits, but only $67 million borrowed, meaning that only 3.5% of the funds are actually used. JustStables, a DeFi system that already issues a...
What do Algorithmic Stablecoins possess, and what do supporters and critics think of them?
Algorithmic Stablecoins are considered to be a more upgraded version of already popular stablecoins, while critics consider them a disaster waiting to happen A whole new debate seems to have started w...
Algorithmic Stablecoins: Dollar Doppelganger? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Algorithmic stablecoins are witnessed as to be an equalizer considering the restrictions which both, the dollar and crypto assets possesses. Algorithmic stablecoin backers have the audacity to claim t...
Algorithmic Stablecoins Critics Believe New Breed Of Crypto Assets Are Going To Be A Disaster
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Algorithmic Stablecoins – A Dollar Copycat?
Are algorithmic stablecoins trying to clone the intrinsic qualities of fiat money or dollar; like security? The recent craze over algorithmic stablecoins has stirred mixed reactions from the crypto co...
Critics say algorithmic stablecoins are ‘disaster waiting to happen’
The recent increase in the popularity of the so-called “algorithmic stablecoins” has caused an uproar within the crypto community, resulting in serious debates around their utility for the crypto mark...
Tron’s Justin Sun To Roll Out Algorithmic Stablecoin USDD
On Thursday, Justin Sun, the founder of Tron, announced that it would have its own native stablecoin dubbed USDD. However, the stablecoin won’t function as the traditional stablecoins such...
Tron’s TRX Token Jumps 7% On News of Native Algorithmic Stablecoin
The cryptocurrency underpinning the Tron network has enjoyed a heady boost over the past day. According to data pulled from CoinMarketCap, TRX has risen by more than 7% in the last 24 hours. The jump...
Tron to Create Algorithmic Stablecoin to Be More Like Terra
First, it was labeled an “Ethereum killer.” Now it wants to be a Terra destroyer. Tron, a blockchain that boasts smart contracts and decentralized applications on a scalable network, is ge...
Algorithmic stablecoins create buzz in the crypto community
TL;DR Breakdown Algorithmic stablecoins hit the market with new interest from investors and developers. Tron creates an algorithm-backed stablecoin to mirror Terra`s success. Understanding the new cry...
Tron (TRX) Explodes 8% Despite Crypto Market Downturn Following News Of Launching Native Algorithmic Stablecoin Like Terra ⋆ ZyCrypto
Advertisement     Tron’s native token TRX is leading the cryptocurrency market after staging an over 8% upsurge. The rally appears to have been fueled by news that TRO...
USDD, an algorithmic stablecoin on Tron- The Cryptonomist
The Tron protocol, led by Justin Sun, is about to launch its own algorithmic stablecoin, USDD The Tron network will soon have its own algorithmic stablecoin, USDD Tron is about to issue an algorithmic...
Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD – Bitcoin News
On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for t...
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin – Altcoins Bitcoin News
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitaliz...
TiTi Protocol Join Alpha Venture DAO to Initiate a Brand-new Era for Algorithmic Stablecoin
[PRESS RELEASE – Singapore, April 14, 2022] TiTi announced another solid step towards building the future of web3, joining Alpha Venture DAO and becoming the first algorithmic stablecoin project in Al...
USDN: the failure of the algorithmic stablecoin
Neutrino USD (USDN) is an algorithmic stablecoin issued by the Neutrino protocol whose value is tied 1:1 to that of the US dollar. Or at least it should be. As can be seen from its price evolution, U...
Why Celo launched an algorithmic stablecoin pegged to Brazil’s currency
Open-source blockchain Celo recently introduced a Brazilian Real-pegged, algorithmic stablecoin called the Celo Real (cREAL). Three crypto exchanges in Brazil will provide access to the cREAL stablec...
Depegging for algorithmic stablecoin MIM a concern for many
Stablecoin depegging for MIM has raised serious concerns across the digital finance sector A loss of confidence is one of the reasons for the fall in value recently Individual traders may be losing ...
Algorithmic Stablecoin MIM Losing Peg – Trustnodes
A dai like algorithmic stablecoin that is meant to equal $1, Mim, is seeing its peg come under pressure following a crash in the price of eth and many tokens. Unlike dai where you have plain eth or US...
The Algorithmic Life Is Not Worth Living
It’s Privacy Week here at CoinDesk, and we’ve been diving into a variety of technological and legal angles on the consequences of digital surveillance. Anxiety about the rise of omnipresent snooping c...
UST: This latest initiative by Terra’s ecosystem is reshaping algorithmic stablecoins
Decentralized stablecoin issuer Terra issued a proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin. Namely across five projects on Ethereum, Polygon and Solana. Terra would p...
The Four Algorithmic Trading Tools Worth Watching In 2022 & Beyond
Advertisement     Computers and technology have transformed the way we interact with different products and services, and financial markets are no different. Whether b...
Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally
Frax Share (FXS) has been one of the few altcoins to pull off a dominant price performance amid the down market of late 2021 to early 2022. In the month between Dec. 14 and Jan. 14, FXS was up 128% ag...