The USDT ecosystem is currently available on 12 different networks, including Ethereum (ETH), Tron (TRX), Solana (SOL), Algorand (ALG), and the newly introduced Polygon (POLY) (MATIC). Tezos became a ...
Tag: Stablecoin
Is Tether (USDT) losing the stablecoin war against USDC and BUSD
Major cryptocurrencies like Bitcoin and Ethereum can sometimes go up or down in double-digit percentages in a single day. As a result, most people associate cryptocurrencies with volatility. But some ...
Tether Deploys USDT Stablecoin on Tezos Blockchain
Tether has deployed the USDT stablecoin on Tezos, becoming the 12th blockchain on which the popular stablecoin is available. The deployment of Tether onto several blockchains has helped USDT reach a s...
SEC Is Investigating Terra’s UST Stablecoin Collapse: Report
Terra’s UST stablecoin could become the subject of a U.S. Securities and Exchange Commission investigation. An unnamed source told Bloomberg that the regulator’s enforcement attorneys have...
Australia’s Novatti Group to Launch Stablecoin on the XRP Ledger
More legacy software and fintech firms are gradually entering the digital currency and payments world with the latest being publicly listed Novatti Group. The company announced it will be integrating ...
Novatti Group Launches New Stablecoin on XRP Ledger
Besides its goal to bring more ways for its customers to be paid, Novatti Group also considers the stablecoin integration as a viable stream of income. Novatti Group Ltd (ASX: NOV), one of the foremos...
New York requires stablecoin issuers to comply with new guidelines
The Department of Financial Services (DFS) of the state of New York has published a regulatory guideline for stablecoins backed by the US dollar. The regulatory guidelines will look into stablecoins i...
Tethers USDT Stablecoin to Launch on Tezos Blockchain – Coinpedia – Fintech & Cryptocurreny News Media
Tether (USDT), the platform on which the world’s most popular stablecoin, USDT is built, has announced the introduction of USDT on the Tezos blockchain network in an effort to broaden its scope. Tethe...
Novatti Group To Launch New Stablecoin Tied To Australian Dollar In Collaboration With Ripple And Stellar ⋆ ZyCrypto
Advertisement     Novatti Group, an international payments processor, has announced that it’s developing a new stablecoin pegged to the Australian dollar in partnershi...
Ripple and Stellar to Help Launch AUDC Stablecoin for Novatti Group
Yuri Molchan Novatti Group has partnered with two rival blockchain giants to create stablecoin based on Australian dollar Contents Issuing stablecoin with Ripple AUDC from inside Ripple customer Novat...
Tether Launches Stablecoin on Tezos to Unlock New DeFi Products
Stablecoin operator Tether today announced it is expanding the list of blockchain networks supporting its flagship stablecoin USDT to Tezos, a proof-of-stake (Pos) platform for creating smart contract...
How efficiently TRON DAO reserve will make USDD a successful hybrid stablecoin?
Dilution of Terra network’s UST stablecoin led to many investors losing billions but also made ways for other stablecoins to join the space Amidst the uncertainty and skeptical situation created due t...
New York Unveils Expansion of Stablecoin Regulations, Requires Cash Backing
The state of New York is revealing an expansion of its stablecoin regulations, now requiring the dollar-pegged crypto assets to be backed fully by cash. According to a new press release by the New Yor...
Finally, the decentralized stablecoin of MakerDAO is coming to this Blockchain!
Along with collaboration with a prominent cross-chain protocol Umee and the team of MakerDAO, decentralized stablecoin is to join the blockchain When the Terra (LUNA) network collapsed, it resulted in...
BNB-based Media BSCDaily Endorses TUSD as A Reliable Stablecoin
Singapore, Singapore, 9th June, 2022, Chainwire BNB-based Media BSCDaily announced its endorsement of TUSD on Tuesday, May 24. BSCDaily recommends stablecoins with robust ecosystems and credibility, e...
Utopia USD Stablecoin (UUSD) Now Available For Trading On Hotbit
Advertisement     Utopia USD Stablecoin (UUSD) is the Utopia P2P Ecosystem’s native stablecoin and is now trading on Hotbit. Hotbit added the UUSD/USDT pair on June 7,...
Ripple & Stellar partners with Novatti for a new stablecoin deal
Novatti Group, a leading Australian Ripple customer, which was launched in 2015, has announced that it is developing an AUDC stablecoin in conjunction with the Ripple fintech firm, with plans to deplo...
How the Stablecoin Segment Transforms Following the UST Collapse – crypto.news
While Terra’s market failure and the collapse of its stablecoin UST negatively affected investors’ confidence in stablecoins, some projects had appeared to be more sustainable in effectively meeting s...
Biggest Regulatory Action On Stablecoin Security So Far
After the Terra crash erupted last month, all the focus was on stablecoins. Many people called for regulatory control over this category of cryptocurrencies. On Wednesday, a step forward on stablecoin...
Maker’s Decentralized Stablecoin Is Coming to Cosmos Thanks to Umee
Following Terra’s $40 billion implosion last month, the Cosmos ecosystem is on the hunt for a new decentralized stablecoin. Today, the team at cross-chain protocol Umee announced DAI will be filling ...
NY stablecoin issuers Gemini, Paxos have to ensure 100% reserves daily under new guidelines
? Want to work with us? CryptoSlate is hiring for a handful of positions! The NY Department of Financial Services (DFS), which oversees regulated crypto companies in the state, on June 8 released form...
Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network – Altcoins Bitcoin News
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdr...
Jewel Bank Becomes Bermuda’s First Digital Asset Bank After BMA’s Approval; Plans To Issue A USD Stablecoin
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UPFI Network integrates Chainlink Price Feeds on Solana for stablecoin operations
According to an official announcement on Wednesday, UPFI Network has incorporated Chainlink Price Feeds into the Solana mainnet. Soft-pegged to the U.S. dollar, UPFI is a partly collateralised and par...
The Real Reason Behind Terra’s UST Stablecoin Disaster
Paolo Ardoino, Tether (USDTchief )’s technical officer (CTO), has identified the Terra (LUNA) ecosystem as the primary cause of the coin’s fall. Ardoino pointed at the Terra developers’ decision to cr...
Checkout.com Opens Up Platform To Stablecoin Payments
The payments company, Checkout.com has announced that it will let users settle payments in the USDC stablecoin from now on. New Payment Option On Checkout.com The feature, which would allow merchants...
Tether CTO says Terra creating a token and stablecoin was a ‘recipe for a disaster’
Paolo Ardoino, the chief technology officer (CTO) of Tether (USDT), has termed the Terra (LUNA) ecosystem set up as the main catalyst behind the coins crash. Speaking during an interview with Kitco Ne...
MuesliSwap to make Cardano-based algorithmic stablecoin Djed available
COTI, a DAG-protocol optimized for creating decentralized payment networks, today announced its latest partnership for Djed, Cardano’s overcollateralized algorithmic stablecoin, this time with MuesliS...
Tron (TRX) Founder Justin Sun Unveils Plan To Secure USDD Stablecoin From Terra-Like Collapse
Tron (TRX) founder Justin Sun doesn’t want the Decentralized USD (USDD) stablecoin to become the next TerraUSD (UST). Last month, algorithmic stablecoin UST lost its peg to the US dollar and collapsed...