The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will ...
Tag: Stablecoin
Cardano DEX, Djed Stablecoin Builder Hint at Major Announcement
WingRiders, an automated market maker (AMM) and decentralized exchange (DEX) built on top of Cardano using the eUTxO model, has hinted at a major announcement with COTI, the Djed stablecoin builder. S...
Ethereum stablecoin dominance reaches 3-month high
Glassnode data analyzed by CryptoSlate indicates that Ethereum’s (ETH) dominance over stablecoins has been increasing and reached its highest in the last three months. Ethereum’s dominance over stable...
Cardano (ADA) Djed Stablecoin Garnered Positive Reactions from Community: Investing Veteran Orion Depp
Vladislav Sopov Seasoned investor and asset manager Orion Depp shares his thoughts on Djed stablecoin prospects Contents Djed is all set to launch, garners positive feedback, Orion Depp says Approachi...
Paxos wants to up USDP collateral backing for MakerDAO’s DAI stablecoin
Paxos has proposed a partnership with MakerDAO that will essentially increase the Paxos dollar (USDP) backing for the DAI stablecoin issued by the Maker protocol. Before it, Maker collaborated with Ge...
MakerDAO supports holding GUSD Stablecoin as a part of reserve in early voting
77.72% of the votes are in favor to keep the GUSD ceiling stuck at $500 million. 22.28% of votes are for decreasing it to zero The fluctuating votes The community of MakerDAO, a decentrali...
National Australia Bank to Launch Ethereum-Based Stablecoin
National Australia Bank (NAB), one of Australia’s “Big 4” banks, is getting ready to launch an Australian dollar-pegged stablecoin on the Ethereum network. This coin will be backed b...
The Bank Of Spain Has Launched The Test Of A Euro-Backed Stablecoin EURM
Jan 20, 2023 at 09:30 // News The Bank of Spain has announced that it has begun testing the EURO backed stablecoin, called EURM. The new digital euro is based on the Ethereum and Polygon blockchain ne...
6 ways the stablecoin space can improve stability in volatile periods
With a value pegged to another currency, stablecoins in theory maintain steady price levels — hence the name. However, as investors saw in the Terra (LUNA) and UST crashes in May 2022, even stablecoin...
National Australia Bank to Launch Stablecoin Backed by the AUD
National Australia Bank (NAB) is set to launch a stablecoin pegged against the Australian dollar (AUD) on Ethereum and Algorand, which will launch in mid-2023. NAB will become the second “Big 4” Austr...
Australia’s ‘Big Four’ Bank NBA To Mint Stablecoin On Ethereum, Algorand ⋆ ZyCrypto
Advertisement     One of the four biggest banks in Australia, the National Australia Bank (NAB), has announced that it will soon roll out a new Australian dollar-pegge...
Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances
National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network. Set to launch sometime in mid-2023, the AUDN...
United Arab Emirates will launch a stablecoin for payments – Cryptopolitan
According to a new PWC Crypto regulatory report that was released on Dec. 19 for 2023, the United Arab Emirates (UAE) has completed its crypto regulation. This regulation comprises AML/CTF Money laund...
NAB Introduces Stablecoin To Enhance Digital Economy
The massive potential and ability of blockchain, as well as stablecoins, have resulted in the growing awareness of the technology, and its continuous adoption attracts big firms and entities to utiliz...
National Australia Bank to Launch Stablecoin on Ethereum, Algorand: Report
Several countries have been planning to explore stablecoins despite the initial reluctance and more recent implosion of Terra. The latest one to jump on the bandwagon is one of Australia’s four larges...
Australia’s NAB mints AUDN stablecoin – Cryptopolitan
The National Australia Bank (NAB) will introduce an Australian dollar-pegged stablecoin on the Ethereum network, making it the second of the “Big 4” Australian banks to do so. According to a Jan. 18 r...
Cardano Stablecoin Djed to Be Launched This Month, Dates Not Revealed
Djed is expected to be launched in the month of January on Cardano’s mainnet. It is an over-collateralized stablecoin backed by ADA which is Cardano’s native currency. The stablecoin is being develope...
Rick McCracken Predicts Mainnet Launch For Djed, A Cardano Stablecoin
Based on a discovery from a new stablecoin test of Cardano, Rick McCracken has predicted a close launch date for Djed mainnet. Rick McCracken, the owner of the ADA staking pool, DIGI, and also a Carda...
National Australia Bank creates stablecoin called AUDN: AFR
National Australia Bank (NAB) is launching a fully backed stablecoin called AUDN. The stablecoin will launch on the Ethereum network and Algorand blockchain, a smart contract platform similar to...
Cardano’s Djed Stablecoin Launch in Mainnet Is Near, ADA Contributor Assumes
Gamza Khanzadaev Cardano stablecoin launch is imminent, ADA contributor suggests, after learning its price ADA staking pool owner DIGI and Cardano enthusiast Rick McCracken has discovered an interesti...
Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil – Finance Bitcoin News
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would ne...
Iran and Russia Jointly Working on Gold-Backed Stablecoin
The two countries shall use this stablecoin to facilitate cross-border transactions and foreign trade between the two. Amid the changing global geopolitical scenario, Iran and Russia have come togethe...
Russia Partners with Iran to Build Stablecoin for Cross-border Trades
Russia, and Iran are working together to develop a gold-backed stablecoin. The stablecoin replaces fiat currencies in cross-border transactions. Russia will regulate cryptocurrency transactions in 202...
A stablecoin linked to Gold
The countries most affected by international sanctions due to last year’s invasion of Ukraine and the manufacture and testing of nuclear warheads, want to join forces for the creation of a stablecoin ...
Iran and Russia to collaborate to issue stablecoin backed by gold
As per reports, the central bank of Iran will be collaborating with the Russian government to jointly issue a new cryptocurrency. The new stablecoin will be backed by Gold. Vedomosti, the ...
Stablecoin Backed By Gold To Be Reportedly Launched By Russia And Iran
To better enable international transactions, the governments of Russia and Iran are reportedly considering working together to develop a new stablecoin. Iran is working with the Russian government to ...
Cardano’s Upcoming Stablecoin Feature will Beat Ethereum?
Cardano’s $Djed launch will occur in the latter half of January 2023. Cardano launching the stablecoin’s payment platform DjedPay. Since the beginning of 2023, Cardano (ADA) front news updates have be...
Frax is Working on Fractional Collateral Stablecoin Solutions
Frax Finance has been one of 2023’s hottest decentralized finance protocols. As stablecoin and liquid staking narratives gain traction, its native token has been on a wild ride up. Frax has been using...
Russia Partners With Iran to Release a Stablecoin Backed by Gold (Report)
The Russian government and the Central Bank of Iran are reportedly mulling a partnership to create a new stablecoin that can facilitate cross-border settlements. The token will be pegged to the valuat...