Global payment processor Checkout.com has launched a new stablecoin settlement system that will allow merchants to process crypto payments from their customers in real time — potentially widening the ...
Tag: Stablecoin
TRON Boosts Stablecoin Reserve With $100 Mln Bitcoin And TRX
Tron’s founder Justin Sun on Tuesday said the TRON DAO Reserve transferred Tether (USDT) worth $100 million to Binance to buy more BTC and TRX as a reserve. The TRON DAO Reserve continues to buy BTC a...
Ethereum Challenger Explodes Over 132% in Just One Week Amid Campaign To Support Its Algorithmic Stablecoin
One Ethereum (ETH) challenger is defying the greater crypto market downtrend and surging in price amid a campaign to shore up its algorithmic stablecoin. Decentralized applications platform Waves (WAV...
Checkout.com jumps into crypto with stablecoin payments feature
The logo for payments start-up Checkout.com. Checkout.com AMSTERDAM — Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it t...
USDD’s Fresh Redesign Would Spearhead The Stablecoin 3.0 Era According To TRON’s Founder
Terra’s attempt to form the Luna Foundation Guard in order to diversify UST’s collateral and avoid depegging was too late. He said that the reserve had only $3 billion worth of BTC, which ...
Justin Sun’s Terra-like Stablecoin Now Boasts Backing in Bitcoin, Tether, Tron
Created as an algorithmic stablecoin, Justin Sun’s Terra-like stablecoin USDD is now shifting gears towards a hybrid model with improved transparency. USDD is now reportedly over-collateralized with ...
Tron-based USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
USDD, or the Tron-based decentralized dollar, is set to be the most over-collateralized stablecoin in crypto. The stablecoin currently boasts over 200% of its value is fully-backed. After a month ...
TRON’s stablecoin USDD employs an overcollateralised mechanism to maintain the USD price peg
After Terra’s algorithmic stablecoin TerraUSD (UST) failed miserably in May, TRON announced a plan to back up its own stablecoin with more capital on Sunday morning. An announcement on Sunday says tha...
USDD Becomes First Over-Collateralized Decentralized Stablecoin
USDD has achieved the significant milestone of upgrading into the first over-collateralized decentralized stablecoin with a ratio of 130%, higher than the one set by DAI, which comes to 120%. A total ...
Justin Sun Backs Over Collaterization of TRON USDD Stablecoin
4 hours ago | 2 mins read Altcoin News There was a 218 percent collateralization ratio as of Monday. TDR’s homepage displays $787 million in Bitcoin, Tether, and Tron’s TRX reserves. As TerraUSD ran i...
USDD Upgrades to the First Over-Collateralized Decentralized Stablecoin
Currently Collateralized at Over 200% with a Guaranteed Minimum Collateral Ratio of 130%, TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in le...
Terra fiasco triggers bigger backstop for TRON’s stablecoin
Following the total collapse of Terra’s algorithmic stablecoin in May, TRON this morning announced a plan to significantly increase the amount of capital backing up its own stablecoin. USDD — at first...
Tron’s USDD Stablecoin Will Switch Its Algorithm to Avoid Terra Like Collapse
Following the $60 billion Terra ecosystem’s catastrophic downfall in early May, Tron has risen to become the third-largest blockchain in the decentralized finance industry (behind only Ethereum and BN...
USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin – crypto.news
Geneva, Switzerland / June 5 / – TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch. The blockchain ...
TRON’s USDD Stablecoin Collateral Building Up to Prevent Repeat of Terra’s UST Stablecoin
In a bid to improve transparency surrounding its new algorithmic stablecoin, Tron has revealed details of its new coin’s collateralization strategy. To avoid the situation with TerraUSD that saw $60B ...
Amidst Stablecoin Turmoil,Tron’s USDD Hits New Milestone ! What’s In Store For June? – Coinpedia – Fintech & Cryptocurreny News Media
Despite all of the turmoil surrounding stablecoins over the previous month, Tron’s USDD has made substantial progress. The stablecoin has hit some significant milestones since its introduction exactly...
USDD Breaks Highest Collaterization Record Amid Stablecoin Fears
Amidst all the turbulence surrounding stablecoins over the last one month, Tron’s USDD continues to make significant strides. Ever since it was launched exactly a month ago, the stablecoin reached som...
USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
Geneva, Switzerland, 5th June, 2022, Chainwire TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch. T...
Japanese New Stablecoin Bill Prioritizes Investors’ Protection – crypto.news
Japan has taken its place as one of the first countries to institute a legal process around stablecoins. That aspect of crypto assets took center stage in global financial circles last month. This wa...
Cardano Users to Explore Djed Stablecoin Trial on EVM Sidechain: Details
Tomiwabold Olajide Milkomeda team said it was going to make testnet version of Djed available Per a recent announcement by the Milkomeda team, Cardano users might soon be able to test Djed stablecoin ...
What’s in the Landmark Stablecoin Bill that Japan passed for investor protection?
Countries across the world seek to keep their citizens safe in terms of investment in crypto assets by putting regulations The Parliament of Japan, while making a historic move, passed a legal framewo...
Japan passes stablecoin bill ensuring redemption at face value, Bloomberg says
Japan’s parliament introduced a legal framework for stablecoins guaranteeing that they are linked to the yen or another fiat currency and that holders have the right to redeem them at face value, Bloo...
Japan passes bill to limit stablecoin issuance to banks and trust companies
Japan is moving forward with legislation regarding the issuance of stablecoins, i.e., digital assets with their value pegged to fiat currencies or stabilized by an algorithm. On Friday, Japan’s parli...
Stablecoin DEI has lost peg twice in one month: another meltdown for the crypto market?
The stablecoin DEI has lost its peg twice in the last month, raising questions about if this is a precursor to another crypto meltdown. For the second time in less than a month, stablecoin DEI has los...
Japan Parliament Passes Bill Introducing Legal Framework around Stablecoin Regulation
The Stablecoin bill passed by Japanese lawmakers is bound to take effect 12 months from now, and irrespective of these delays, the bill will still make the Asian giant the first to pioneer this area o...
Japan’s parliament passes a bill focused on stablecoin regulations
The collapse of the UST stablecoin has caused ripple effects in the crypto regulatory space. Several jurisdictions have raised the alarm over the risky nature of stablecoins because the collapse of US...
Bank Of England To Become Stablecoin Issuers’ Savior?
A latest proposal may offer Central Bank of England legal oversight over stablecoin issuers, should they pose a threat to monetary stability. The British authorities proposed to make amendments into t...
Japan Passes Stablecoin Bill Aimed at Protecting Crypto Investors
The upper house of Japan’s parliament has just passed a landmark law clarifying the legal status of stablecoins, essentially defining them as digital money, per a Bloomberg report Friday. The bi...
Japan passes a stablecoin bill focusing on investor protection following UST debacle
? Want to work with us? CryptoSlate is hiring for a handful of positions! Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rei...
Bitcoin $30K Resilience Amid Crypto Meltdown and Stablecoin Crash Shows its Brilliant Architecture – PayBito CEO
Despite Bitcoin’s slashed valuation in the past few months, the leading cryptocurrency has steadily held the $30,000 level because of its unique decentralized proof-of-work (PoW) mechanism, according ...
Japan approves stablecoin law to ensure protection for crypto investors
Stablecoins are digital currencies linked to an underlying asset, such as fiat money, gold, or other assets. They help to maintain price stability by linking to external assets such as fiat currency. ...