Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized ...
Tag: Stablecoin
Tether’s USDT stablecoin launches on Polygon
Tether has launched its USDT stablecoin on Polygon (formerly Matic Network), expanding its reach in the crypto market. Polygon is the 11th blockchain USDT will be available on, after Ethereum, Solana,...
Tether Introduces Another Stablecoin, USDT Counterpart Pegged to Peso in Mexico
8 seconds ago | 2 mins read Editors News The peso, which is now trading at $0.051, will serve as the base currency for MXNT. According to data by Triple-A, most crypto in Mexico is utilized for specul...
Tether to Offer Stablecoin USDT on Polygon
Tomiwabold Olajide Tether is the world’s third largest cryptocurrency, behind only Bitcoin and Ethereum Tether, the company behind the largest stablecoin in terms of market value, is now offerin...
WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement
Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology. WEMIX, a g...
Vitalik Buterin Reveals How To Identify A UST-Like Algorithmic Stablecoin Following Terra’s Collapse ⋆ ZyCrypto
Advertisement     Ethereum’s founder has shared two ways for investors to tell if an algorithmic stablecoin is sustainable in the long run. His theories are coming on ...
How Terra’s collapse will impact future stablecoin regulations
The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just ...
Tron USDD Stablecoin Reaches Key Milestone Amid Bearish Trends
Amid uncertainty over the reliability of stablecoins and bearish trends in the crypto market, one stablecoin continues to shine. The recent meltdown of Terra ecosystem brought to the fore the trustwor...
Amid stablecoin market ‘May-hem’, Tether taking new steps to regain lost ground
The largest stablecoin with a market cap of $73 billion, Tether, ether has launched its native USDT on Polygon. The move is expected to help Tether gain ground as the leading stablecoin despite the re...
Shiba Inu and Dogecoin Can Now Be Traded Against Circle’s Stablecoin on MEXC Global
Alex Dovbnya New Shiba Inu and Dogecoin trading pairs have been added by MEXC Global Cryptocurrency exchange MEXC Global has announced that its users can now trade Shiba Inu and Dogecoin, the two larg...
Two key takeaways from Nansen’s UST stablecoin depeg report
As the dust settles on the cataclysmic collapse of the Terra ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways. The cryptocurrency ecosyst...
Tether Launches New Stablecoin in Mexico
Tether announces the release of a new peso-backed stablecoin on Ethereum, Tron, and Polygon as 40% of Mexican companies consider blockchain adoption. USDT, the largest stablecoin by market ...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks – Altcoins Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Tether ingresa a América Latina con una stablecoin vinculada al peso mexicano
“Hemos visto un aumento en el uso de criptomonedas en América Latina durante el último año, lo que hizo evidente que necesitamos expandir nuestras ofertas”, dijo el director de tecnología de Tether, P...
Tether Enters Latin American Market with Mexican Peso-Backed Stablecoin
Tether has announced the launch of MXNT, a new type of a stablecoin backed by Mexico’s national currency, the peso. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Po...
Buterin on How to Tell if an Algorithmic Stablecoin Is Sustainable
Vitalik Buterin, Ethereum’s co-founder, has shared his opinions on determining if an algorithmic stablecoin is sustainable, listing two requirements that he considers necessary. This is a reaction to ...
Tether’s USDT Stablecoin Launches on Polygon (MATIC) Network
Tether – the company behind the world’s largest stablecoin – has now launched its premier Tether token (USDT) across Polygon. This will bring Tether’s utility to thousands of dapps running on the bloc...
Algorithmic Stablecoin Resiliency More Important Than Growth: Vitalik Buterin
Key Takeaways Vitalik Buterin defended the concept of algorithmic stablecoins in a blog post today. According to Buterin, algorithmic stablecoins should seek resiliency over quick growth. His comments...
Tether Eyes Mexican Market With Peso Stablecoin
Key Takeaways Tether has launched a new stablecoin pegged to the Mexican Peso. MXNT is Tether’s the fourth fiat-pegged stablecoin. The new token is currently supported on Ethereum, Tron, and Pol...
Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon
Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks. In an announ...
Tether Launches Stablecoin Pegged to the Mexican Peso
Tether, the issuer of USDT, the world’s largest stablecoin by market cap, has launched a new stablecoin pegged to the value of the Mexican peso, the company announced Thursday. Tether Launches Its Fo...
Stablecoin Tether launches on Polygon Network
The stablecoin market has been part of the headlines since the second week of May. Post the TerraUSD (UST) massacre; investors felt shaky about the future of stablecoins. Meanwhile, some positive news...
Tether launches a new stablecoin pegged to the Mexican peso
Tether has launched a new Mexican peso-pegged stablecoin, marking its entrance into Latin America. Dubbed MXNT, the stablecoin will initially be available on the Ethereum, Tron and Polygon blockchains...
‘More Systemic Risk’—The Stablecoin Fallout Could Be Just Starting As The Price Of Bitcoin, Ethereum, Terra’s Luna, Solana, Cardano, XRP Sink
The crypto market is covered in red again. This week the price of bitcoin price fell 2.4% and ethereum’s price is down 5.0%. Cardano ADA fell 9.8%, XRP XRP lost 6.14%, and solana slumped 12.4%. Meanwh...
Crypto Whales Ditched Tether for USDC After Stablecoin Panic
For example, DAI, the largest decentralized and overcollateralized stablecoin, is holding USDC instead of USDT in its treasury. DAI, the currency of the blockchain protocol MakerDAO, has a market capi...
Company Behind Tether (USDT) Launches New Stablecoin Pegged to Mexican Peso
The firm behind Tether (USDT) is adding another fiat currency-pegged token to its stable of international stablecoins. According to a new press release, Tether Limited, the Hong Kong-based company beh...
Terra 2.0 Coming With A New “Rebirth” On May 27 But This Time Without UST Stablecoin
It seems that Do Kwon and his team have finally arrived with their Terra Ecosystem revival plan after one of the biggest crashes in the history of crypto earlier this month. As per the announcement, a...
The case for SigUSD on Ergo as a Sound Algorithmic Stablecoin to Power Crypto – crypto.news
There is no shortage of drama in crypto. A big part is being instigated by among other factors, volatility. However, in the recent few weeks, LUNA and UST’s spectacular (painful) collapse have been do...
TRON DeFi Surges on Terra-Inspired Stablecoin Launch
Key Takeaways TRON’s DeFi ecosystem is soaring. It’s now the third-largest blockchain in total value locked terms, trailing only Ethereum and BNB Chain. The surge can likely be attributed ...
Over $10 Billion Pulled From USDT As Stablecoin Crises Continues
The uncertainty around stablecoins had begun with the UST crash and inevitably spilled unto others such as USDT. This uncertainty has continued to linger weeks after the crash leading to investors mov...
USDTea: A New Stablecoin Backed By Iced Tea Cans Rises Like The Phoenix
Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joine...
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher
After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to...