Place/Date: Geneva, Switzerland – April 21st, 2022 at 12:30 pm UTC · 4 min read Contact: Anjali George, Source: TRON DAO H.E. Justin Sun, Founder of TRON, announced today in an open letter on Tw...
Tag: Stablecoin
Justin Sun Announces Stablecoin 3.0 Era, Says Tron DAO to Launch Decentralized USD in May
Yuri Molchan Former Tron CEO has announced that TRON DAO intends to create a decentralized stablecoin sort of based on the USD In an open letter published today, the resigned CEO of the Tron Foundatio...
Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD – Bitcoin News
On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for t...
TRON Joins Stablecoin Wars Will Launch USDD With 30% APY
Founder of TRON Justin Sun announced the launch of an algorithm stablecoin on this network. Called USDD, the digital asset will be deployed on May 5, 2022, and will offer users a basic “risk-free” int...
TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets
TRON (TRX) CEO Justin Sun is announcing that a new decentralized stablecoin is launching on the smart contract platform. Sun tells his 3.3 million Twitter subscribers that the TRON decentralized auton...
XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin – Market Updates Bitcoin News
TRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its ...
TRON to Launch Native Stablecoin in May
Key Takeaways TRON has risen by more than 18% over the past few hours. The sudden bullish impulse appears to correlate with the launch of USDD. TRX would have to break through $0.077 to target $0.088...
NEAR Launches USN Stablecoin on Testnet
Key Takeaways NEAR has launched its USN stablecoin on testnet. Meanwhile, the buying pressure behind NEAR appears to be increasing. A sustained close above $17 could push the token to $22.40. Share...
NEAR launched USN stablecoin, what will this mean for the token?
NEAR Protocol NEAR/USD is a layer-1 blockchain that uses sharding technology as a means of achieving a high level of scalability. To achieve this, it utilizes smart contracts and adopts the Proof-of-...
MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin
MakerDAO, a decentralized autonomous organization (DAO) serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum...
Russia wants to legalize crypto but not stablecoins
Russia has enacted a bill to authorize the use and trading of crypto, with an unexpected ban on stablecoins. The first steps towards crypto and stablecoins Russia’s first steps towards crypto, with a...
Terra’s UST Became the Third Largest Stablecoin Surpassing BUSD
Early yesterday, the entire US market was so busy and excited looking at the massive surge of the TerraUSD (UST). As a remarkable turnover, Terra’s UST surpassed the Binance USD (BUSD) and became the ...
Terra (LUNA) Price Sees Uptrend With UST As 3rd Largest Stablecoin!
Bullish Morning! It looks like bulls have taken up the control of the cryptocurrency market as Bitcoin and other major altcoins have slightly jumped today, after facing a selloff the previous day. Exc...
Frax Finance to launch FPI, an inflation-anchored stablecoin
Frax Finance, the DeFi project, will soon launch Frax Price Index (FPI): the new inflation-pegged stablecoin. The new token tracks the US Consumer Price Index (or CPI), using oracle data from Chainlin...
Terra’s Stablecoin UST Is Now Crypto’s Third Biggest
Terra’s US dollar-pegged algorithmic cryptocurrency UST is moving up the ladder and now ranks third in terms of overall market capitalization. Today, the fast-growing Terra USD (UST) stablecoin from t...
UK Crypto Industry Hopes for More Clarity From Planned Stablecoin Rules
“Although adoption is projected to grow in Great Britain in the midterm, the primary barriers to growth stem from security and regulatory concerns,” Emma McInnes, Global Head of Financial Services at ...
Terra’s LUNA Registers the Strongest Bounce by 15%, UST Becomes the Third-Largest Stablecoin
The Terra blockchain network has been the talk of the crypto town this year. After being part of the broader market correction over the last weekend, Terra’s native cryptocurrency LUNA has registered ...
TerraUSD (UST) Becomes Third Largest Stablecoin – crypto.news
TerraUSD (UST), the most popular stable currency in the Terra ecosystem, has now become the third-largest stablecoin in the cryptocurrency market. This comes amid continued efforts by Terra to prop up...
Beanstalk Stablecoin Protocol Suffers $80M Loss in Hacking
An emerging Ethereum stablecoin protocol, Beanstalk has come off as the latest blockchain startup that suffered a breach from hackers with a massive loss of $80 million moved from the protocol. Pecksh...
Terra’s UST Had Surpassed BUSD As Such Third Highest Famous Stablecoin
The data also shows that UST has been on a parabolic rise since mid-November, with a 525 percent increase in market cap since then. Although possessing a higher market capitalization than BUSD, UST tr...
Terra’s Stablecoin UST On Course To Overtake Meme King Dogecoin As LUNA Accelerates ⋆ ZyCrypto
Advertisement     Terra’s algorithmic stablecoin TerraUSD, otherwise known as UST, has become the third-biggest stablecoin by market capitalization after usurping Bina...
Terra’s UST is now the third most valuable stablecoin
Terra’s UST is now the third-largest stablecoin by market cap behind that of Tether’s USDT and Circle’s USDC despite the fact that its trading volume pales significantly against that of Binance USD (B...
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin – Altcoins Bitcoin News
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitaliz...
Inflation-linked stablecoin from Frax Finance is a big deal, here’s why
Frax Finance will soon launch the Frax Price Index (FPI) token, expanding the firm’s suite of protocol offerings. FPI is unique in that it’s the first stablecoin to track the U.S Consumer Price Index ...
$76 Million Wiped Out From Beanstalk Stablecoin Protocol in Hacking
Beanstalk has been built on Ethereum, and it is a decentralized credit-based stablecoin protocol. Beanstalk leverages its credit system to create a blockchain native asset that is liquid and decentral...
Over $180 million wiped in stablecoin protocol Beanstalk flash loan heist
As the cryptocurrency market develops and grows, the more enticing its participants become to hackers. In the latest instance of a major attack on a decentralized finance (DeFi) platform, Ethereum-bas...
Credit-Based Stablecoin Beanstalk ($BEAN) Hacked for $182M
Beanstalk, a decentralized credit-based stablecoin protocol that is built on the Ethereum network, suffered a security exploit this weekend. Blockchain security firm PeckShield reported that Beanstalk...
Terra’s UST Toss Binance USD To Be 3rd Largest Stablecoin! How Will This Impact LUNA Price?
The Terra Luna, a blockchain network that is built using cosmos is a stablecoin creation. Now, Terra (LUNA) blockchain’s algorithm stablecoin Terra USD (UST) has taken over Binance USD (BUSD) to becom...
UST Becomes the Third-Largest Stablecoin Surpassing BUSD
The market cap of TerraUSD has exceeded that of BUSD, putting it behind only USDT and USDC. The UST market cap now stands at $17.7 billion and is the third-largest stablecoin by that measure. The Terr...
Stablecoin Protocol Beanstalk Loses $182M in Flash Loan Attack
Ethereum-based stablecoin protocol, Beanstalk Farms has fallen to be victim to a cyberattack as hackers drained $182 million in cryptocurrencies Cryptocurrencies By using cryptography, virtual curre...
Terra’s UST Now The 3rd-Largest Stablecoin, But There’s A Catch
The TerraUSD (UST) stablecoin recently overtook Binance USD in market capitalization, becoming the third-largest stablecoin. The total market value of the token is now $17.50 billion, slightly above B...