The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has...
Tag: Stablecoin
Moody’s Mulls Stablecoin Scores as Regulators Circle: Report
Moody’s Corporation is reportedly planning to develop a scoring system for stablecoins, per reporting from Bloomberg. The scoring system will include up to 20 stablecoins, analyzing the quality of ea...
Can ADA Rise with Djed Stablecoin Launch Next Week?
Contents But what is Djed? Is ADA going to the moon? The launch of nonsynthetic stablecoins on the Cardano (ADA) network has been highly anticipated by ADA holders. According to COTI, the company coll...
Cardano (ADA) Stablecoin Djed Will Go Live Next Week
8 hours ago | 2 mins read Altcoin News Cardano-based stablecoin Djed will be expected to launch next week. At the time of writing, ADA is trading at $0.3765, up 0.64%. The launch of Stablecoin on the ...
Russia & Iran, Join Hands for Gold-backed Stablecoin: Facilitation of International Settlement in Purview
Russia and Iran are both economically sanctioned and looking for ways to circumnavigate them. They are joining hands for a gold-backed stablecoin to facilitate international settlement. The Russian ...
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease as investors f...
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit – Finance Bitcoin News
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to I...
CryptoCompare says stablecoin market share declined in 2022
Recent research published by CryptoCompare reveals that the market share of algorithmic stablecoins is now at 1.71%. In April 2022, these tokens achieved an all-time high record of 12.4% of the overal...
Cardano To Launch Stablecoin Next Week, Crypto Daily TV 26/1/2023
In Todays Headline TV CryptoDaily News: Binance introduces function for API users to prevent self trading. “Cryptocurrency exchange Binance has introduced a new function to help its API users pr...
Moody’s developing stablecoin scoring system: Bloomberg
Rating agency Moody’s is developing a system to score stablecoins. It will include an analysis of up to 20 stablecoins and rate them based on the quality of attestations on the reserves ba...
$1 ADA Price Beckons As Cardano’s Djed Stablecoin Is Finally Scheduled For Launch Next Week ⋆ ZyCrypto
Advertisement     The much-anticipated Djed stablecoin is scheduled for launch next week, fostering expansion and novel applications in the rapidly developing decentra...
Cardano Bulls Are All Charged up Ahead of the Launch of Its Stablecoin DJED
As the broader cryptocurrency market recovery gathers steam, the price of Cardano (ADA) has increased by 45% over the past month and 7.7% over the past week. However, in addition to the general market...
New Cardano (ADA) Stablecoin Launch Revealed – Here’s When Djed Comes Out
The developers of Cardano’s (ADA) new stablecoin have revealed when the dollar-pegged crypto asset is slated to launch. In a new blog post, payments firm COTI says that Djed, Cardano’s new stablecoin,...
COTI Initiates Chain Syncing to Unveil DJED Stablecoin Next Week
COTI confirmed that the long-awaiting ‘DJED’ stablecoin would premiere next week. The chain index syncing process is the last technical step before DJED goes live. The DJED team pledged to back the st...
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 ...
The Launch of Cardano Stablecoin and ADA Price Action
Cardano (ADA) stablecoin is set to be launched in the upcoming week. The native coin of Cardano, ADA, will be used as collateral to mint the stablecoin. The price of ADA dropped by around 6.97% in the...
Stablecoin Issuer Circle Blames SEC for Derailing $9B Plans to Go Public
Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The deal between Circle an...
ADA Prices Bounce Back After Cardano Djed Stablecoin Release
The long-awaited launch date of the ‘Djed’ Cardano stablecoin has been announced. ADA prices have tanked today, but there could be a revival next week. On Jan. 25, the COTI Network announced that the ...
Cardano Stablecoin Djed Confirmed To Launch Next Week
The stablecoin Djed is expected to drive new growth and new use cases in the burgeoning decentralized finance (DeFi) space of the Cardano ecosystem. In recent weeks, the Djed developer, COTI Network, ...
One Technical Hurdle Left As COTI Announces Cardano Stablecoin Launch Next Week
There is only one technical hurdle left. Cardano’s Stablecoin Djed is Scheduled To Launch Next Week. Djed, Cardano’s stablecoin, will launch next week in line with COTI’s promise to launch in January....
Bitwise Chief Compliance Officer Says Stablecoin Legislation Could Come This Year
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Chinese firm launches stablecoin and CBDC payments system – Cryptopolitan
A new payment system that is compatible with stablecoins and CBDCs is now being developed by a Chinese company known as Red Date Technology. What Red Date Tech aims to do with the system This new syst...
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
Bitcoin (BTC) rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand from ...
Pilot Program of Euro-backed Stablecoin Approved by Bank of Spain
3 hours ago | 2 mins read Altcoin News The eurm token will be produced using Ethereum and Polygon blockchain technology. MONEI hopes that regulators will give their clearance to this stablecoin initia...
Japan to Adopt New Stablecoin Regulations
A local financial body in Japan has said that the country’s new legislation that will let investors to trade using stablecoins such as Tether (USDT) are scheduled to be approved no later than in...
Fluid Finance Proposes to Integrate the DAI Decentralized Stablecoin Directly Into the Traditional Financial System – Press release Bitcoin News
press release PRESS RELEASE. Fluid Finance submitted a proposal to integrate the DAI decentralized stablecoin directly into the traditional financial system. It would be the first time that a stableco...
Japan’s new stablecoin regulations to take effect in June – Cryptopolitan
In Japan, the Financial Services Agency (FSA) is set to lift the ban on the domestic distribution of foreign-issued stablecoins in 2023. This will be part of a proposed cabinet order and cabinet offic...