In 2019, Tether (USDT) had a global stablecoin dominance of 89%, but it has since fallen to just under 50%, according to on-chain data provided by Glassnode — analyzed by CryptoSlate. Throughout 2020 ...
Tag: Stablecoin
Origin Launches Yield Earnings for OUSD Stablecoin Holders
The interesting thing about the OUSD V2 offering is that the tokens are not locked up and the earnings are not subjected to any form of fees. Origin Protocol, a Web 3.0 infrastructure and innovative p...
Stablecoin Issuance Proposed in Argentina’s Province
South American country Argentina is witnessing a tremendous inflation problem. The problem has gone so big that it is in dire need of a solution. Given the times are sensitive for the economy, the cou...
Gemini modifies terms of service regarding its stablecoin
In the modified terms and conditions version, the Gemini crypto exchange specifies that it has no obligations to users who bought GUSD on other platforms. According to Forbes, Gemini emailed its custo...
Cardano (ADA) to Launch Djed, Here’s What You Should Know About Algorithmic Stablecoin
Contents Could Djed collapse like Terra’s stablecoin? How may Djed impact Cardano’s price? One of the biggest expectations for Cardano (ADA) investors is the arrival of stablecoins on the ...
Argentina’s province to issue US dollar-pegged stablecoin
The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the “Activo Digital San Luis de Aho...
TrueUSD unveils yuan-backed stablecoin on Tron
TrueUSD has launched its new stablecoin TCNH, backed by Chinese yuan and issued on the Tron (TRX) network. The move comes days after Tether launched its yuan-pegged token CNHT. TrueUSD, the issuer of ...
Argentina’s San Luis Set to Create Dollar-Pegged Stablecoin
The Argentinian province of San Luis has passed a bill allowing it to issue a dollar-pegged stablecoin. The new law will also give local artists the chance to have their work minted as NFTs. The bill,...
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month – Altcoins Bitcoin News
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably du...
Ethereum Rival Plummets in Price After Stablecoin Built on Its Chain Loses Peg to US Dollar
The token of the decentralized application (DApp) creation platform Waves (WAVES) is plummeting after the algorithmic stablecoin backing it failed to maintain its peg to the US dollar. From opening at...
Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs – Coinotizia
San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (n...
TrueUSD launches TRON-based stablecoin TCNH pegged to Offshore Chinese Yuan
The TrueUSD (TUSD) team announced the release of a new stablecoin, TCNH, linked to the Offshore Chinese Yuan (CNH) at a 1:1 ratio. In particular, TCNH will be deployed on the TRON (TRX) blockchain, wh...
Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs – Regulation Bitcoin News
San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (n...
ZK proofs can be backbone for regulatory-compliant stablecoin: Study
Earlier today, Mina Foundation announced their recent collaboration with Etonec and Private Bank 1796 to explore how a private and fully regulatory-compliant stablecoin can be developed. Etonec releas...
Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin
Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 peg to the United States dollar, Jewel Bank founder and chairman Chance Barnett told Cointelegrap...
Chinese Yuan Stablecoin Launches on Tron: Why Is This Crucial?
Tron (TRX), a high-performance EVM-compatible blockchain, becomes the technical platform for the latest stablecoin project pegged to Offshore Chinese Yuan (also Offshore Renminbi, Offshore RMB or CNH)...
Binance Stablecoin BUSD Isn’t Fully Regulated, Concerns Ahead
(Stablecoin) Binance-Peg BUSD is a Binance product but is not issued by Paxos nor regulated by the New York State Department of Financial Services. Only ERC20 BUSD is issued by Paxos and regulated in ...
Here’s How Binance’s Bitcoin and Stablecoin Reserves Compare to FTX’s Before the Collapse: Quant Analyst
The chief executive of on-chain insights platform CryptoQuant says that despite the current rumors surrounding Binance, the exchange’s stablecoin reserves still look quite different than FTX’s did pri...
TrueUSD Launches TCNH, a TRON-Based Stablecoin Pegged to Offshore Chinese Yuan
– Advertisement – San Francisco, United States, 15th December, 2022, Chainwire We are thrilled to announce that the TrueUSD team is launching a new product called TCNH, which is a stableco...
Cardano-Based Algorithmic Stablecoin “Pretty Close,” COTI Founder Says
Alex Dovbnya COTI Network head Shahaf Bar-Geffen says that he is “really excited” about launch of upcoming product During a recent podcast appearance, Shahaf Bar-Geffen, chief technology o...
Platypus Unveils Launch of Its Native Stablecoin (USP) to Boost Capital Efficiency
Advertisement     Avalanche-based AMM that facilitates seamless exchange between pegged assets, Platypus Finance, has announced the launch of its native stablecoin, US...
Stablecoin Exit Of 2022: $14.3 Billion Redeemed Since March
2022 has been the year of mass exit from stablecoins as more than $14.3 billion has been redeemed from these tokens since March. Total Stablecoin Supply Is Down 8% From March 2022 Peak According to th...
Justin Sun’s stablecoin USDD quietly loses peg amid FTX chaos
Crypto exchange FTX, trading firm Alameda Research, and news of the hundreds of other companies exposed to their collapse has kept the spotlight off a few floundering projects. Take, for instance, Jus...
USDT Stablecoin Issuer Tether Pledges to Eliminate Loans by 2023
11 mins ago | 2 mins read Altcoin News As of September 30th, the company claims that it has loaned out $6.1 billion. The company’s total assets surpassed $68 billion in the third quarter alone. In lig...
Binance Announces Resumption Of USDC Stablecoin Withdrawals
Cryptocurrency exchange Binance has announced that it is resuming USDC stablecoins after temporarily pausing requests for several hours. The halt in withdrawals was announced as the world’s largest c...
Tron Founder Justin Sun Took Decision on Stablecoin USDD
Big Move Earlier this week, the well-known founder of the Tron blockchain DAO ecosystem, Justin Sun, announced that he had swapped over $773,000 of Tron’s native stablecoin USDD. Tron’s (TRX) Justin ...
Binance resumes USDC stablecoin withdrawals after temporary pause
Binance has resumed processing withdrawal requests of the USD Coin (USDC) stablecoin after pausing them for several hours. Binance, the world’s largest cryptocurrency exchange platform by ...
Osmosis To Add Stablecoin Liquidity to Cosmos
The largest decentralized cryptocurrency exchange (DEX) on the Cosmos interchain will soon have its very own version of the Curve 3pool. Osmosis will be starting up pools to facilitate stablecoi...
Jewel Bank launches stablecoin on Polygon
Jewel Bank, through a strategic partnership with Polygon, is launching the first bank-grade and fully guaranteed USD stablecoin for real-time settlement. Jewel Bank is Bermuda’s first digital asset b...
Platypus Launches Native Stablecoin USP
Hong Kong, Hong Kong, 13th December, 2022, Chainwire Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency f...
STASIS Deploys its EURS Stablecoin On XDC Network
Advertisement     As many crypto companies struggle to remain afloat in the current bear market, stablecoin companies are adopting different models to encourage the ad...
‘feel free to withdraw any other stablecoin’
Binance CEO Changpeng Zhao stepped in to reassure clients after the world’s biggest crypto exchange experienced more than a billion dollars of outflows. After acknowledging that Binance ha...