2 seconds ago | 2 mins read Defi News The Polkadot parachain Acala implements the Horizon cross-chain stablecoin protocol. The attackers’ excessive minting of aUSD stablecoin caused its value to plumm...
Tag: Stablecoin
Interlay launches trustless BTC stablecoin bridge on Polkadot
Interlay, a London-based blockchain firm, launched a Bitcoin (BTC)-based cross-chain bridge on Polkadot (DOT). Named interBTC (iBTC), the bridge allows the use of Bitcoin on non-native blockchains for...
Tron’s Justin Sun Hopes USDD to Become First Stablecoin in “EthereumPOW ecosystem”
H.E. Justin Sun, Founder of TRON and investor of Poloniex, a global cryptocurrency exchange, hopes that USDD the stablecoin, would become the first one in the “EthereumPOW ecosystem” after the complet...
Aave GHO Stablecoin Proposal Has Merit But Also Carries Risks
Aave GHO Stablecoin: Stablecoins have become a big part of the cryptocurrency and decentralized finance industry. Julia Magas breaks down this latest offering. Despite recent setbacks affecting UST an...
AAVE: Aftermath of GHO stablecoin approval and V3 kick off
Developments around the open-source DeFi protocol, AAVE looks like a non-stop activity. In July, the community agreed to launch GHO, its own stablecoin. Now, AAVE has proposed something new. This time...
Stablecoin Giants Circle, Tether Support Ethereum in Its Upcoming PoS Transition
Issuers of the two largest stablecoins – Tether’s USDT and Circle’s USDC— have extended their support to Ethereum as it approaches The Merge in September this year. Tether feels that it’s crucial that...
USDC Predicted to Surpass Tether (USDT) As The Biggest Stablecoin In 3 Months ⋆ ZyCrypto
Advertisement     USDC, the fiat-collateralized stablecoin issued by payments technology firm Circle, has recently recorded massive growth, as the asset appears to be ...
Circle Says Its USDC Stablecoin Won’t Support Ethereum Proof-of-Work Hardfork
The top two stablecoin issuers – Circle and Tether – have distanced themselves from any hardfork in Ethereum. They said that they will continue to support the PoS transition of Ethereum. As the Ethere...
Former Terra-Affiliated Project Kujira to Issue Stablecoin
“As we plan to focus on payments and commerce and launch our own high-quality Kujira wallet, we felt that we would have far more flexibility for future integrations if we were able to launch our own n...
Beanstalk Algorithmic Stablecoin Relaunches Four Months After $180 Million Hack – crypto.news
After a four-month hiatus, the Ethereum-based algorithmic stablecoin Beanstalk has relaunched its protocol. The protocol had been paused since April 17, when it suffered a massive governance breach an...
Lyn Alden, a Research Analyst, Extremely Bullish on Stablecoin Applications
Lyn Alden’s Discussion on Stablecoins Recently, Lyn Alden, a highly regarded stock research analyst and investment strategist, discussed how stablecoins are being utilized and how they would be employ...
Algo Stablecoin Protocol Beanstalk Relaunches Following $180M Hack
Beanstalk said it has relaunced its protocol during its one year anniversary on the Ethereum mainnet It follows a $180 million governance exploit where a hacker managed to steal 24,830 ether and 36 mi...
Once-hacked for $77M, Beanstalk’s algo stablecoin protocol relaunches
Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a devastating $77 million governance exploit. The p...
Beanstalk stablecoin relaunches four months after $182 million exploit
The team behind the Beanstalk stablecoin has relaunched the project nearly four months after it lost $182 million in an exploit. The network was due to “unpause” at 12 p.m. ET today, according to a st...
Revolut Adds Support for Cardano Stablecoin Issuer COTI Network (COTI)
– Advertisement – Revolut, a cryptocurrency-friendly digital banking startup, has expanded its list of cryptocurrency offerings. The company noted in an announcement that it added COTI ...
Crypto Fear Factor Is Overblown, According to Stablecoin Chief
Frax Founder Sam Kazemian has revealed why public fears about stablecoins and the wider crypto market are overblown. Speaking exclusively to Be[in]Crypto, Kazemian explained why the chances of a Terra...
Stablecoin Sharks Hold On To Their Position, As The Supply Increase
While the concerns regarding a centralized financial market are raised, the chances of decentralized finance taking over are growing too. Along with Cryptocurrencies and Central Bank Digital Currencie...
SMARTLend.finance: Secure and audited stablecoin lending platform on BSC
Stake BUSD, USDT, USDC, and DAI and get stable rewards (1.5% per day). Introducing the SmartLend Project SMARTLend is a hybrid ROI DApp project that is built on the Binance Smart Chain Network. The de...
Big Stablecoin Holders Do Not Believe in Rally and Stick to This Strategy
Gamza Khanzadaev Here is how stablecoin sharks’ tactics correlate with crypto market According to crypto analytics agency Santiment, relatively big stablecoin holders, referred to as sharks, are...
The new El Salvador stablecoin is coming
Galoy, the open source platform powering El Salvador’s Bitcoin Beach Wallet, has announced the launch of a new synthetic stablecoin pegged to the dollar. New stablecoin issued by El Salvador coming so...
Crypto Exchange Binance Reveals Reserves Backing BUSD Stablecoin in Push for Transparency
The world’s largest cryptocurrency marketplace is sharing data about the money behind its own US dollar-pegged stablecoin. In a new announcement, Binance says that it will regularly provide updates ab...
Bipartisan Stablecoin Regulation Has a Slim Chance of Passing This Year
The bipartisan stablecoin bill was supposed to be introduced last week, but lawmakers are struggling to agree on the text The odds of getting a law passed before 2023 are slim, sources familiar with t...
Singapore regulator responds to Terra collapse; plans to involve public in stablecoin regulations
The Monetary Authority of Singapore (MAS) in response to a parliamentary inquiry, shared insights on how the Luna collapse affected the economy and laid out plans to engage the public in its stablecoi...
Stablecoin Pattern Suggests Massive Bitcoin Breakout May Be Incoming, According to Crypto Analytics Firm Santiment
Crypto analytics firm Santiment says that the dwindling supply of stablecoins may be a sign that a massive Bitcoin (BTC) breakout is on the horizon. According to the market intelligence firm, the circ...
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...
Singaporean financial watchdog to consult public on stablecoin regulation
The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (...
SMARTLend — A Secure and Audited Stablecoin Lending Platform on BSC
Advertisement     A hybrid ROI DApp project called SMARTLend was created on the Binance Smart Chain Network. The project’s creators chose the Binance Smart Chain netwo...
GHO Stablecoin to be launched as Aave DAO gives a 99.9% approval
A governance proposal to create a crypto-backed stablecoin on the Aave protocol has been unanimously approved by the Aave community in a snapshot voting which lasted till Sunday. On July 7, 2022, a pr...
SMARTLend.finance — Secure and audited Stablecoin Lending Platform on Binance Smart Chain.
SMARTLend is a hybrid ROI DApp project that is built on the Binance Smart Chain Network. The developers behind the project chose the Binance Smart Chain network for its larger audience, cheaper transa...
Aave DAO Permitted Native Collateral-Backed Stablecoin GHO
GHO stablecoin is said to be the native of Aave protocol and will have complete collateral backing and USD pegging. Community behind the open source liquidity protocol Aave—Aave DAO, has approve...
TRON becomes the second-largest public chain by stablecoin market cap
After the cryptocurrency sector finally reclaimed the $1 trillion market capitalization, most of its projects are recording improvements across the board as well, including the TRON Protocol (TRX). Sp...
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...