Dogecoin and stablecoin DAI are gradually catching up in the market capitalization rankings for cryptocurrencies. Dogecoin maintains its position as the 10th-largest cryptocurrency with a market worth...
Tag: Stablecoin
Black fridge launched First Stablecoin backed British Pound
The black fridge launched its first Stablecoin on Monday 11th July. The black fridge named its Stablecoin as a “poundtoken.” The black fridge is headquartered in Douglas. ...
Brazilian Fintech PicPay Forays into Crypto, Going to Launch Its Exchange and Stablecoin
PicPay follows in line with other big-name Brazilian companies trying to maximize the potential of the crypto sector. Digital payments app PicPay appears to be the latest firm in a long list of Brazil...
Digivault becomes first custody partner of GBP-backed stablecoin Poundtoken
Digivault, an FCA-registered custody provider that’s part of Nasdaq-listed EQONEX Group, has announced a partnership with Poundtoken.io, a stablecoin issued by Isle of Man-based startup Blackfridge. T...
KPMG responsible for audit of GBPT stablecoin
The famous consulting firm of the Big Four, KMPG, will be responsible for the audit of the new stablecoin pegged to the British pound, GBPT. This project is being launched by fintech firm Blackfridge....
Brazilian Fintech PicPay to Launch a Stablecoin And a Cryptocurrency Exchange
Brazilian digital payments startup PicPay is diving fully into the cryptocurrency wormhole, announcing a series of Web3-focused services ranging from the launch of a stablecoin to a fully-featured cry...
100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault – Coinotizia
Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao gov...
First Fully-Regulated British Pound Stablecoin Launched
Key Takeaways Fintech company Blackfridge is launching “poundtoken,” a pound sterling stablecoin that is 100% backed by British pound reserves. Blackfridge, a company located on the Isle of Man, is of...
100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault – Defi Bitcoin News
Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance vote that provides “collateral integration from a U.S.-based bank.” The Makerdao governa...
KPMG to audit new pound-backed stablecoin GBPT
Fintech firm blackfridge has launched a new stablecoin that is fully backed by the British pound (GBP), potentially opening the door to wider adoption of digital assets in the United Kingdom and its C...
FSB to submit crypto and stablecoin regulation recommendations in October
The Financial Stability Board (FSB), an international body that monitors and proposes rules for the global financial system, will release recommendations to regulate stablecoins and cryptocurrencies i...
Effective Stablecoin Regulation is Key to Financial Stability, ECB says
The European Central Bank (ECB) has called for urgent action in the move to establish effective regulation in the stablecoin market, noting that a lack of such measures could portend risks to financia...
Shiba Inu Primed For Strong Recovery As Ecosystem Mulls Introducing Stablecoin Before Year-End ⋆ ZyCrypto
Advertisement     Shiba Inu may be gearing up for an earth-shattering comeback following a plan to launch a stablecoin for the ecosystem later this year. According to ...
Gate.io Announces 365% APR with New Stablecoin Empowerment
Gate.io recently released an official tweet about empowering stablecoins. The network offers users an opportunity to earn up to 365% APR. Besides this, Gate.io is also looking forward to a prospective...
Terra crash highlights stablecoin risk to financial stability: ECB
The European Central Bank (ECB) has released a report analyzing the growth of the cryptocurrency market over the past decade and the risks it poses to the existing financial system. A section of the r...
USDC users can now redeem the stablecoin
In an exclusive interview with Forkast Editor-in-Chief Angie Lau, Circle Chief money dealer Jeremy Fox-Geen aforementioned reserves backing the questionable USDC stablecoin are ring-fenced from any po...
After Terra’s fall to Earth, get ready for the stablecoin era
Stablecoins were supposed to be the boring uncle of the crypto world — safe, sensible and dull. They’re probably not what Satoshi Nakamoto had in mind, but they’re supposed to be a reassuring haven of...
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risk...
Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer
Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lend...
Fundraising Rounds with Tenderize and Planetarium Labs, Celsius Settles MakerDAO Debt, Aave Launching Stablecoin – crypto.news
Project funding continues with Tenderize and Planetarium Labs completing successful rounds. Celsius, the recently troubled lending platform, pays MakerDAO’s loan releasing all WBTC collateral. Aave is...
EU-regulated firm Banking Circle adopts USDC stablecoin
Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails. The firm officially announced on Friday the adoption of the USD C...
Stablecoin whale wallets hit 3 years low
Ongoing aversion to Tether (USDT), the most important stablecoin, seems to possess to unfold into its largest wallets, new information shows. Information from blockchain analytics firm Santiment shows...
Aave to launch overcollateralized stablecoin called GHO
Decentralized finance (DeFi) giant Aave has unveiled plans to launch an overcollateralized stablecoin called GHO, subject to the community decentralized autonomous organization’s (DAO’s) approval. The...
Luxembourg-based bank Circle adopts USDC stablecoin
The world of traditional finance and the cryptocurrency asset are known to look at each other suspiciously, distrustful of each other, and always ready to erode capital from each other, but an assist ...
AAVE Submits Proposal of ‘GHO’ Stablecoin Pegged to USD
16 mins ago | 2 mins read Altcoin News There will be no reserve factor for GHO interest payments. “Facilitators” have also been included as a notion in the plan. DeFi protocol AAVE proposes the creati...
DeFi Giant Aave Unveils Plans for New Decentralized Stablecoin Based on Ethereum (ETH)
A popular decentralized finance (DeFi) protocol is preparing to launch its own community-supported US dollar-pegged stablecoin. In a new announcement, lending and borrowing platform Aave (AAVE) says i...
Stablecoin Receiving Collaterals From TRON Reserve
Altcoin News As of June 7, TRON DAO reserve holds $2.2 billion. The supply of USDC has also increased to 445 million. TRON DAO reserve has made some recent purchases of tokens to increase the count. T...
What’s in the Proposed GHO Stablecoin of AAVE Protocol?
Looking at the void created after Terra’s UST stablecoins, Aave’s GHO stabloin may contribute to crypto space. AAVE protocol is looking towards bringing a stablecoin. This came to know when the ...
Aave wants to launch its own stablecoin: GHO
The Aave platform has issued a proposal stating it wants to launch its own protocol-native stablecoin. Aave’s proposal regarding the stablecoin project Aave is one of the largest DeFi protocols in the...
MakerDAO approves $100 million stablecoin loan vault for 151-year-old US bank
MakerDAO has approved Huntingdon Valley Bank, a US-based regulated bank founded in 1871, to open a stablecoin vault. This vault will work as a system allowing the bank to borrow DAI tokens after depos...
Can Aave Protocol’s latest “stablecoin” bring some stability in the performance of AAVE?
One of the leading liquidity protocols, Aave Protocol [AAVE], proposed the creation of its stablecoin “GHO”. This proposal by the Aave Protocol comes amidst an increased uncertainty related to the sta...
DeFi Lender Aave Plans to Launch Stablecoin, Says CEO
Aave has revealed plans to launch a U.S. dollar-pegged stablecoin called GHO, part of an effort to expand revenue and make borrowing on the DeFi protocol “more competitive.” GHO will be backed by a ra...