The issuer of USDC, Circle, has announced that it will be issuing a second stablecoin, the Euro Coin (EUROC). Different from the US dollar-pegged USDC, Euro Coin will be pegged on a 1:1 ratio to the E...
Tag: Pegged
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
Researchers at the federally funded Lawrence Livermore National Laboratory in California have combined statistical mechanics and information theory to design a class of stablecoin dubbed the Electrici...
Amazon Stock Gains Ahead of Split Debut: Opening Pegged Near $125
Updated at 12:53 pm EST Amazon (AMZN) – Get Amazon.com, Inc. Report shares powered higher Monday in the first day of trading following a 20-for-1 split of the online retailing giant’s sto...
Tether Introduces Another Stablecoin, USDT Counterpart Pegged to Peso in Mexico
8 seconds ago | 2 mins read Editors News The peso, which is now trading at $0.051, will serve as the base currency for MXNT. According to data by Triple-A, most crypto in Mexico is utilized for specul...
Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon
Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks. In an announ...
Tether Launches Stablecoin Pegged to the Mexican Peso
Tether, the issuer of USDT, the world’s largest stablecoin by market cap, has launched a new stablecoin pegged to the value of the Mexican peso, the company announced Thursday. Tether Launches Its Fo...
Tether launches a new stablecoin pegged to the Mexican peso
Tether has launched a new Mexican peso-pegged stablecoin, marking its entrance into Latin America. Dubbed MXNT, the stablecoin will initially be available on the Ethereum, Tron and Polygon blockchains...
Tether launches a token pegged to the Mexican peso
Tether, the world’s most widely used stablecoin, is issuing MXNT, a new token pegged to the Mexican peso. Tether issues a stablecoin pegged to the value of the Mexican peso Tether, the platform behind...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon – Coinotizia
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT toke...
Company Behind Tether (USDT) Launches New Stablecoin Pegged to Mexican Peso
The firm behind Tether (USDT) is adding another fiat currency-pegged token to its stable of international stablecoins. According to a new press release, Tether Limited, the Hong Kong-based company beh...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon – Altcoins Bitcoin News
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT toke...
Swapping Pegged Value Crypto Assets With Minimal Slippage
The crypto market is highly volatile, and this has led to increased demand for pegged cryptocurrencies. For clarity, pegged crypto assets are those digital currencies that have their value linked to a...
ANZ issues $30m stablecoins pegged to the Australian dollar
TL;DR Breakdown Australia and New Zealand Banking Group (ANZ) becomes the first Australian bank to mint stablecoins. ANZ teamed up with crypto custodian Fireblocks and they have minted $30 million sta...
Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree – Emerging Markets Bitcoin News
The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national...
Japan’s Largest Bank to Issue Stablecoin Pegged to Yen
Japan’s largest bank, the trust banking arm of Mitsubishi UFJ, will issue a stablecoin pegged to the yen. The bank wants to popularize digital securities, improving settlement times and reducing costs...
The next ‘pain trade’ could be on the horizon as investors crowd into bets pegged to Fed monetary policy
Investors may be set up for the next so-called “pain” trade, with market participants increasingly coalescing around expectations that Federal Reserve needs to act aggressively to combat persistent 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...
Celo Launches a Stablecoin Pegged to Brazilian Real
TL;DR Breakdown Celo introduces cREAL as its third stablecoin, following from cUSD and cEUR. cREAL can be used to create CeFi and DeFi apps and services on the Celo blockchain. Brazilians are warming ...
Celo launches stablecoin pegged to Brazilian real
Celo (CELO/USD), a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users, has launched cREAL, a stablecoin pegged to the Brazilian real, CoinDesk reported. This is ...