2 hours ago | 2 mins read Editors News On the XDC chain, Fathom, the largest lending/borrowing platform has been built. And Fathom will provide a platform for consumers to borrow, earn XDC and tokeniz...
Tag: OverCollateralized
Circle’s December 2022 Report Says USDC is Overcollateralized
Circle’s collateralized assets are in surplus of the USDC in current circulation. Collateralized assets are held in treasury bills, banks, and other securities. Circle is consulting with stakeholders ...
What To Expect As Cardano-Based Overcollateralized Stablecoin Djed Is Set To Go Live ⋆ ZyCrypto
Advertisement     COTI reveals that Djed is set for mainnet launch this week. The long-anticipated algorithmic stablecoin is poised to drive new adoption to the Cardan...
COTI’s ‘overcollateralized stablecoin’ Djed set for final release next week
In updating Djed’s progress, COTI gave “next week” as the scheduled launch date for the Cardano-based stablecoin. During a recent video presentation, COTI CEO Shahaf Bar-Geffen said the final rollout ...
COTI CEO differentiates Djed as overcollateralized stablecoin
Shahaf Bar-Geffen, the CEO of COTI, said Djed is an overcollateralized stablecoin and not an algorithmic stablecoin. During COTI’s first update of 2023, Bar-Geffen took the opportunity to make clear t...
BTC, ETH reserves overcollateralized at KuCoin: Mazars.
Mazars audit on KuCoin will be covering BTC, ETH and stablecoins. Audit reports shall be available on KuCoin’s official website in a few weeks. US Senator Ron Wyden has requested KuCoin and 5 others...
Mazars Releases KuCoin’s Verification PoR Report, Concluded That BTC, ETH, USDT and USDC Reserves Are Overcollateralized
VICTORIA, Seychelles–(BUSINESS WIRE)–Global leading audit firm Mazars has released a report about KuCoin’s Proof-of-Reserves to determine the total collateralization ratio of their asset holdings. The...
This Week in Crypto News: XRP, NFTs, Binance Overcollateralized
Crypto News: Here are the most popular stories from across the cryptosphere as featured on BeInCrypto this past week. Ripple’s Final Arguments After two long years, Ripple’s lawsuit with the Securitie...
Binance’s Bitcoin Reserves Are Overcollateralized, New Report Says
Binance, the world’s largest crypto exchange by trading volume, released a new report on Wednesday from global financial audit, tax and advisory firm Mazars showing that Binance’s customer bitco...
Tether Hits Back at WSJ, Claims Its Loans Are ‘Overcollateralized’
Tether has stated that its secured loans are heavily collateralized in response to a recent report claiming Tether-led trouble in the sector. The Wall Street Journal notes in its report that Tether ...
Helio Announces New BNB Over-Collateralized Stablecoin HAY » NullTX
HAY, a BNB-Powered Overcollateralized Stablecoin, Is Set to Launch and Disrupt the DeFi ecosystem. British Virgin Islands – Helio has announced the upcoming launch of HAY, a stablecoin over-collateral...
Aave DAO approving overcollateralized stablecoin splits crypto community
Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave (AAVE) protocol, has unanimously voted in favor of creating an overcollateralized stablecoin called GHO. The Aave company p...
Curve Founder Claims an Overcollateralized Stablecoin in the Works
Curve founder Michael Egorov has confirmed that the AMM will launch a stablecoin. There is not much more information available, except that the stablecoin will be overcollateralized. The Curve Automat...
Curve to Launch Over-Collateralized Stablecoin: Founder
Key Takeaways Curve Finance will be launching its own stablecoin, Curve CEO Michael Egorov indicated during a conversation with The Spartan Group co-founder Kelvin Koh. Egorov said the stablecoin will...
Tether Liquidated an Overcollateralized Bitcoin Loan From Celsius Without Risk
Tether, the company behind USDT, the largest stablecoin by market capitalization, revealed that it liquidated Celsius’s position without risk to its reserves. In a press release on Friday (July 8, 202...
Aave to launch overcollateralized stablecoin called GHO
Decentralized finance (DeFi) giant Aave has unveiled plans to launch an overcollateralized stablecoin called GHO, subject to the community decentralized autonomous organization’s (DAO’s) approval. The...
Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token – Altcoins Bitcoin News
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a smal...
BTSE Becomes 1st Exchange to Offer Perpetual Futures Trading for Overcollateralized Stablecoin
Crypto exchange BTSE has become the first crypto exchange to offer perpetual futures trading for the world’s newest stablecoin, US Decentralized (USDD). According to a press release, BTSE’s offe...
Tron-based USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
USDD, or the Tron-based decentralized dollar, is set to be the most over-collateralized stablecoin in crypto. The stablecoin currently boasts over 200% of its value is fully-backed. After a month ...
USDD Becomes First Over-Collateralized Decentralized Stablecoin
USDD has achieved the significant milestone of upgrading into the first over-collateralized decentralized stablecoin with a ratio of 130%, higher than the one set by DAI, which comes to 120%. A total ...
USDD Upgrades to the First Over-Collateralized Decentralized Stablecoin
Currently Collateralized at Over 200% with a Guaranteed Minimum Collateral Ratio of 130%, TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in le...
USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin – crypto.news
Geneva, Switzerland / June 5 / – TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch. The blockchain ...
USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
Geneva, Switzerland, 5th June, 2022, Chainwire TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch. T...
Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans – Interview Bitcoin News
Moonwell is an open lending and borrowing DeFi protocol on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (Do...