Aave AAVE/USD is a decentralized finance (DeFi) protocol that lets people lend as well as borrow cryptocurrencies. Within this system, lenders can earn interest through the process of depositing digit...
Tag: Stablecoin
Chinese Court Declares All Salary Payments in USDT Stablecoin Illegal – crypto.news
A Chinese court has deemed the Tether USDT stablecoin unsuitable for salary payments following the nation’s blanket ban on all types of crypto transactions. China’s Cold Relationship with Cryptocurren...
Aave Proposes to Launch an USD-Pegged Stablecoin Called GHO
DeFi protocol Aave proposed to its community to create a USD-pegged stablecoin, GHO. The project would allow users to mint GHO against their supplied collaterals, with all the interest payments being ...
Shiba Inu (SHIB) Announces Stablecoin and New Reward Token
The Shiba Inu (SHIB) ecosystem will soon get its own stablecoin, rewards token, and collectible card game. Shytoshi Kusama, lead developer of the meme coin ecosystem, announced the new projects via a ...
Tether [USDT]: Whales and what a new 3-year low means for the stablecoin
The current state of the cryptocurrency market can be best described with the help of falling dominoes. First, it was the collapse of the algorithmic stablecoin TerraUSD [UST], sowing turbulence in th...
DeFi Giant Aave Wants to Launch Its Own Stablecoin
DeFi protocol Aave is planning to launch its very own stablecoin, the project’s founder announced today. “We have created an ARC [Aave request for comments] for a new decentralized, collateral-backed...
Aave proposes stablecoin to rival MakerDAO’s DAI
Aave Companies, the firm behind decentralized finance (DeFi) protocol Aave, introduced a proposal to create a native decentralized USD-pegged stablecoin GHO on July 7. The proposal is up for discussio...
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers who ...
Shiba Inu planea lanzar una stablecoin, un token de recompensa y un juego de cartas coleccionables
Como parte del plan, los desarrolladores están trabajando en el propio protocolo de segunda capa (layer 2) del ecosistema, llamado Shibarium, que admitiría la implementación y el desarrollo de aplicac...
Developers Behind Shiba Inu Tease Launch of New Stablecoin, Reward Token
The lead developer behind Shiba Inu (SHIB) Shytoshi Kusama announced a fresh update for the meme coin community, announcing plans to launch a stablecoin for the SHIB ecosystem, a reward token, and a c...
USD Coin (USDC) Stablecoin Challenges Tether (USDT) Supremacy: Comprehensive Guide
Amid the carnage on the cryptocurrency markets, more and more investors are increasing the share of stablecoins in their portfolios. As such, the right moment has come to study the features of USD Coi...
Argentina: stablecoin swaps rise due to peso’s collapse
Citizens in Argentina appear to be relying on stablecoins in anticipation of the collapse of the national fiat currency Argentine peso. The main cause of this event is political-economic uncertainty t...
No Coins For You! Chinese Court Declares Salary Payments In USDT Stablecoin Illegal ⋆ ZyCrypto
Advertisement     Although Chinese authorities previously banned cryptocurrency trading and mining outright and caused the closure of many crypto-related businesses in...
Shiba Inu to launch SHI stablecoin, TREAT reward token in 2022
Shiba Inu (SHIB) lead developer Shytoshi Kusama has released a new update for the meme coin community on the plans to launch a stablecoin and reward token. SHI stablecoin According to Kusama, the SHI ...
New York Regulators Have Planted a Seed for Stablecoin Transparency
The NYDFS will broaden the amount of information available in attestation reports by requiring that stablecoin’s assets be reported not only in aggregate, but also by asset class. So a stablecoi...
Salary payments in USDT stablecoin ruled as illegal in the Chinese court
Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether (USDT) to pay their employees. Beijing’s Chaoyang Dis...
SHIB Stablecoin Unlike Terra, Developer Takes Dig At ‘Moonshots’
Amid regulatory pressures and concerns over safety of stablecoins, the SHIB developers shared promising updates. In a blog post released on Wednesday, the developers said the SHI stablecoin project co...
Mapping Out The Stablecoin Ecosystem
July 5, 2022, 12:30PM EDT • 12 min read Quick Take The stablecoin sector in the cryptocurrency market is one of the most debated and controversial topics Specifically, LUNA’s collapse in May added to ...
Shiba Inu’s Lead Dev Announces SHI Stablecoin Launch in 2022, Says It Will Work on Experimental Protocol
Gamza Khanzadaev Shiba Inu’s major developer apologizes for SHIB Metaverse delay, provides updates on Shibarium & SHI stablecoin One of the main developers and mouthpieces of the Shiba Inu p...
SHIB price forecast after announcement of TREAT token and SHI stablecoin
Shiba Inu SHIB/USD is a meme-coin that took heavy inspiration from Dogecoin DOGE/USD. However, over time, the Shiba Inu cryptocurrency saw a tremendous level of growth both in terms of its value, as w...
Shiba Inu Lead Developer Says SHI Stablecoin Will Avoid Issues Found In Other Collapsed Stable Tokens Losing Billions
– Advertisement – Shiba Inu’s top Developer Kusama Sytoshi does not want the SHI stablecoin to suffer the same fate as TerraUSD (UST). Following the de-peg of Terra algorithmic stablecoi...
Circle CEO Dismisses Rumors About USDC Stablecoin Collapse
Circle CEO Jeremy Allaire dismisses rumpus about the collapse of USDC stablecoin. Circle is a peer-to-peer payment technology firm. In a Twitter thread published over the weekend, Allaire said he can ...
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022
The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio...
Celsius repays $120 million stablecoin debt to Maker protocol
Within the last 24 hours, Celsius repaid $120 million of its debt owed to decentralized lending protocol Maker across three transactions. Celsius, a centralized lending firm currently facing a severe ...
Investors Still Cautious About Holding Tether While Short-Sellers Bets Against The Biggest Stablecoin
Despite assurances from Tether, the leading stablecoin, that a large amount of reserves backs it and all operations are going perfectly, the market seems unassured. However, data from a liquidity pool...
Celsius Pays Back Maker’s Debt Via DAI Stablecoin
2 hours ago | 2 mins read Exchange News Celsius network has repaid almost $143 M debt through the Maker wallet. The liquidation price is reduced to $4,966.86 post the last transaction. The so-called C...
Circle CEO feels stablecoin hodlers are invulnerable
On Sunday (July 3), Circle web monetary restricted Co-Founder, Chairman, and CEO Jeremy Allaire explained why holders of its fiat-collateralized and fiat-pegged stablecoin USD Coin (USDC) shouldn’t be...
Terra’s de-pegged stablecoin USTC gains 270% in 30 days
The Terra (LUNA) ecosystem’s infamous algorithmic stablecoin TerraClassicUSD (USTC) has recorded a spike in value despite the widespread crypto market correction in recent months. Over the last 30 day...
Argentine Retreats Stablecoin Post Guzman Resignation
4 hours ago | 2 mins read Editors News Argentine crypto exchange increased to 18% as it is always around 2%. The people have bought more DAI stablecoin to protect themselves. Argentine economy ministe...
Circle denies rumors USDC stablecoin is troubled amid market downturn
Circle’s founder and CEO Jeremy Allaire tweeted a thread of statements and linked blog posts on Saturday addressing rumors that the company’s USDC stablecoin was near collapse amid the crypto market d...
Tether Short Selling Continues, What Happens If The Largest Stablecoin De-pegs?
– Advertisement – Tether Short Selling Continues, What Happens If The Largest Stablecoin De-pegs? Data on Curve’s 3pool, where users can swap between stablecoins USDT, USDC, and DAI, showe...