WAVES’s Stablecoin USDN De-Pegged and Fell to $0.85 Following Ponzi Scheme Accusations

Arman Shirinyan WAVES, which gained more than 450% in March, has already lost 35% of its value following rumors Contents Drama behind Waves Ivanov blaming Bankman-Fried WAVES-powered stablecoin USDN d...

Waves Stablecoin Crash Sparks Death Spiral Fears

Key Takeaways The flagship stablecoin of the Waves network, Neutrino USD, has depegged after rumors of “death spiral” risks began circulating on Twitter. USDN is currently trading around t...

Frax Finance’s FXS Jumps as Terra Introduces Stablecoin Pool ‘4pool’

Pools currently deployed on Curve are backed by centralized or decentralized stablecoins, wrapped tokens – such as wrapped bitcoin – or a basket of various assets. 4pool, however, will bring together ...

What requirements does the proposed bill, Stablecoin Transparency Act, possess for Stablecoins?

The Stablecoin Transparency Act was presented in front of the Congress chamber to make sure stablecoins follow some regulations Representative Trey Hollingsworth in the house and Senate Bill Hagerty i...

Circle Taps BNY Mellon to Serve as Custodian for USDC Stablecoin Reserves

The Bank of New York Mellon Corporation, popularly known as BNY Mellon, has been selected to serve as the “primary custodian” for the reserve assets behind the USDC stablecoin, a cryptocurrency whose ...

BNY Mellon to become primary custodian for Circle’s USDC stablecoin reserves

Peer-to-peer payments processor Circle Internet Financial today announced that it has chosen the Bank of New York Mellon Corporation, also known as BNY Mellon, to become a primary custodian for its US...

Voltage Finance Suffers $4 Million Stablecoin Theft

Key Takeaways Voltage Finance was the target of an attack today that resulted in more than $4 million stolen from the platform. According to one security firm, a reentrancy bug allowed attackers to dr...

TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards from Stablecoin Pool Incentive Program

TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. ...

TrueUSD and Balancer offer liquidity providers rewards from stablecoin pool incentive program

TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. ...

TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards from Stablecoin Pool Incentive Program – crypto.news

Singapore, Singapore / Mar 31 / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool...

TrueUSD and Balancer Offer LPs TUSD and BAL Rewards from Stablecoin Pool Incentive Program

[PRESS RELEASE – Please Read Disclaimer] Singapore, Singapore / Mar 31 / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TU...

Fantom Introduces Stablecoin USDB

Fantom Foundation (FantomFDN) – a blockchain platform for DeFi, cryptocurrency dApps, and enterprise applications – designed a stablecoin called USDB. The product’s landscape encompasses Bridge, Tradi...

Terra Buys Another 2,943 BTC Worth $140 Million to Build its Stablecoin Reserves

After announcing intentions to release a stablecoin backed by BTC reserves worth in total of $10 billion, Terra has begun accumulating. The latest purchase came earlier today, and the blockchain proje...

Mexo lists CNHC: An offshore RMB stablecoin

CNHC, a stablecoin pegged to the Offshore Chinese Yuan, has officially been launched on Mexo.  A milestone in international trade history International traders can now access a new channel to collect,...

Is LUNA a token worth buying after Terra bought $135 million in Bitcoin for the UST Stablecoin Reserve?

Terra (LUNA) is a blockchain network that specializes in the process of stablecoin creation.  The main way through which this blockchain network stands out is due to the fact each Terra stablecoin is ...

Britain to reveal stablecoin regulation plans, sources say

A visual representation of Bitcoin. Edward Smith | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token know...

Terra’s UST Stablecoin Now Interacts with Bitcoin “Natively”: Here’s How

Vladislav Sopov In Thorchain (RUNE), Terra USD can be exchanged for Bitcoin (BTC) natively, Erik Voorhees of ShapeShift reports Contents UST/BTC exchange on Thorchain: native, decentralized, low-fee T...

Crypto.com Cuts Earn Rates Again; Returns On Stablecoin Deposits Are Down Upto 8%

Crypto investors were frustrated as Crypto.com slashed the rate of returns it offers on token deposits. The latest cut, which is the platform’s second such reduction in March, was announced earlier on...

Australia: a bank will create a stablecoin

The Australia and New Zealand Banking Group (ANZ) has announced that it will issue a stablecoin pegged to the Australian dollar. It will be the first bank on the continent to do so.  Bank Australia’s ...

Quant Explains How Stablecoin Ratio Can Give Bitcoin Buy Or Sell Signals

A quant has explained how the data of the stablecoin supply ratio (SSR) may be used to find Bitcoin buy or sell signals. Stablecoin Supply Ratio May Be Able To Predict Bitcoin Buy And Sell Signals As ...

Fireblocks and ANZ Partner to Create First AUD-Pegged Stablecoin A$DC

Already $30 million worth of A$DC have been minted by ANZ bank, after Victor Smorgon Group, a large family office based in Australia paid the money. Fireblocks, a global digital asset custodian, worke...

MEV bots earn $476,000 by targeting large stablecoin swaps

Two MEV trading bots made considerable returns today, targeting large stablecoin trades, as pointed out by Robert Miller, product lead at Flashbots. MEV — which stands for maximum extractable value — ...

Cashio app hit with glitch, stablecoin drops to zero –

Cashio was taken advantage of in an endless error assault, engineers said on Wednesday. Following the endeavor, the worth of Cashio’s CASH token dropped to almost zero. There is a limitless mint error...

A$DC rocks the Aussie dollar as ANZ bank mints first AUD stablecoin

Big 4 bank ANZ has become the first Australian bank to mint an Australia dollar (AUD) pegged stablecoin named “A$DC.” But rival bank NAB also has its own stablecoin project which is expected to launch...

Parachain Auction Winner Acala Commits $250M to Fuel aUSD stablecoin Adoption on Polkadot

Parachain auction winner Acala Network has launched a $250 million fund to fuel the adoption of Acala USD (aUSD) as the dominant stablecoin for the Polkadot and Kusama ecosystem respectively. As unvei...

ANZ Becomes The First Bank To Mint Australian Dollar Stablecoin

ANZ Bank has launched a stablecoin tethered to the Australian dollar, lowering the risk associated with digital asset purchases and encouraging more clients to use crypto. It is the first time an Aust...

$50 Million Stolen from Infinite Stablecoin Minting Glitch

About $50 million has been robbed from a Solana-native stablecoin protocol using a ‘fake account’ exploit. This apparently allowed the hacker to mint an unlimited amount of CASH, which the team behind...

Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero – Defi Bitcoin News

A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’...

Nigerian Crypto Startup Canza Raises $3.27 Million For Its International Payment Service

Crypto startup Canza Finance is helping Nigerian businesses beat CBN dollar limits and devaluation … [+] risks. Canza Finance Canza Finance, a Nigerian crypto startup, has completed a $3.27 mill...

Acala announces $250 million fund to fuel adoption of aUSD stablecoin on Polkadot

Acala, a parachain project on Polkadot, has launched a $250 million ecosystem fund to boost the adoption of its stablecoin.  Acala’s $250 million ecosystem fund is being stood up with the aim of accel...

Stablecoin Cashio plummets by 100% due to infinite mint glitch

The price of Cashio (CASH), a USD-pegged stablecoin based on the Solana blockchain, dropped to nearly zero today after a newly discovered exploit allowed users to produce unlimited amounts of the toke...

Solana-based Stablecoin Protocol CashioApp Hacked for Near $50M

CashioApp (CASH), a Solana-based algorithmic stablecoin, has suffered a security breach. The hacker made away with an estimated $50 million, effectively crashing the stablecoin’s value to $0 in the ho...