A new decentralized stablecoin based on smart contract platform Cardano (ADA) is quickly gathering millions of ADA in its reserves. According to data from Djed (DJED), the new stablecoin has seen a pa...
Tag: Stablecoin
Hong Kong to Demand Stablecoin Licensing in Early 2023
Hong Kong is going to request the necessary licensing for stablecoin providers. Bodies carrying on regulated activity in Hong Kong will have to get a license to carry out stablecoin services. Big eco...
Hong Kong Plans to Make Stablecoin Licensing Mandatory This Year
The Hong Kong regulator HKNA noted that algorithmic stablecoins like TerraUSD won’t be entertained as part of the region’s new stablecoin legislation. Over the last few months, Hong Kong has been work...
Tether (USDT) becomes the leading stablecoin
It’s official: Tether (USDT) is the leading stablecoin in emerging markets around the world. Tether has partnered with ATM companies to make USDT available at more than 24,000 ATMs in Brazil as of Nov...
18k ATMs across UK now accept native stablecoin
As part of efforts towards making the U.K. become a ‘crypto hub,’ a partnership deal has been struck between BitcoinPoint and Poundtoken; the deal is meant to ensure the country’s stablecoin ($GBPT) b...
ADA backed stablecoin Djed launched on Cardano
Djed, the overcollateralized stablecoin on Cardano, is now live on the mainnet after more than a year of development, planning and completing a successful security audit. COTI’s Djed algo-stablecoin l...
Cardano’s Stablecoin DJED Faces Same Fate As Luna’s UST?
On January 31, layer-one protocol COTI officially introduced DJED, the native stablecoin for the Cardano (ADA) network. The introduction of the Djed stablecoin is anticipated to increase the total val...
Cardano’s Native Stablecoin ‘Djed’ Now Live on the Mainnet
13 hours ago | 2 mins read Altcoin News Djed is a cooperative project between COTI and Input-Output Global. The new stablecoin uses a system of over-collateralization by 400% to 800%. Over a year afte...
Borrow BTC to Get USDT and Stablecoin Loan on Tokex.pro Exchange
Join Our Telegram channel to stay up to date on breaking news coverage Borrow BTC to Get USDT and Stablecoin Loan on Tokex.pro Exchange Crypto Loans: Get Stablecoin in Minutes Crypto loans are amazing...
ADA-backed algorithmic stablecoin ‘Djed’ launched on Cardano
Since the fall of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto space have developed a weariness toward that particular asset class. The market for algorithmic stable...
OKX Declares Delisting of Gemini-backed Stablecoin GUSD
OKX has declared to delist the GUSD. GUSD flash exchange services would proceed offline at 16:00 (UTC+8) on 1 Feb. The GUSD flash exchange services would no longer be backed up by flash swaps. Seychel...
Cardano’s New Algorithmic Stablecoin DJED
Since the crash of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto ecosystem have acquired a weariness against that specific asset class. The market for algorithmic sta...
Hong Kong regulators push for stablecoin guidelines
Regulators in Hong Kong are looking to establish guiding principles for stablecoins before the end of 2023. The news is the latest in a series of crypto-focused regulations from Hong Kong as the city ...
‘New Era’ As Cardano (ADA) Based Stablecoin Djed Goes Live on Mainnet
Ethereum (ETH) rival Cardano (ADA) has seen its first overcollateralized stablecoin Djed (DJED) go live on the mainnet. DJED aims to be pegged with the US Dollar and is backed by Cardano’s native toke...
Cardano-Backed Algorithmic Stablecoin Djed Hits Mainnet
After much anticipation from the Cardano community, the network developers have finally launched the ecosystem’s overcollateralized stablecoin called ‘Djed.’ Per the announcement, the stablecoin launc...
DJED Finally Goes Live as COTI Launches Cardano Stablecoin on Mainnet
The much-anticipated Cardano algorithmic stablecoin DJED has finally launched on mainnet. COTI, a DAG-based Layer-1 protocol and official issuer of the stablecoin, took to Twitter to announce DJED l...
Poundtoken and BitcoinPoint will make the country’s first 100% backed GBP stablecoin
Because to a cooperation between Poundtoken and BitcoinPoint, the first 100% backed GBP stablecoin in the nation, denoted by the symbol $GBPT, will be available to retail customers via a network of 18...
Cardano’s Algorithmic Stablecoin, Djed, Is finally Live
The much anticipated algorithmic stablecoin on Cardano, Djed, has gone live. But the scammers didn’t miss this opportunity. The collapse of UST, the algorithmic stablecoin on the Terra ecosystem, drov...
Cardano’s Djed Stablecoin Hits Mainnet
Cardano’s native overcollateralized stablecoin – Djed – went live on the mainnet on January 31st, more than a year after preparations, development, and a successful security audit. Djed is developed j...
Gemini dollar shows signs of volatility, OKX delists stablecoin
The Gemini dollar (GUSD) started showing signs of volatility — depegging from the US dollar. According to CoinMarketCap (CMC) data, GUSD’s price has not been stable over the past month. The stablecoin...
Gemini’s stablecoin loses USD peg amid OKX delisting
Gemini-backed stablecoin Gemini Dollar(GUSD) has lost its parity with the US Dollar, falling by 0.84% to $0.9851 in the last 24 hours, according to CryptoSlate’s data. Available data shows that the st...
GUSD Stablecoin Loses Dollar Peg After OKX Delisting
The Gemini Dollar (GUSD) has been experiencing some fluctuations, with the stablecoin losing its peg over the past week. The exchange is currently the center of attention for its Gemini Earn program. ...
Cardano’s decentralized stablecoin Djed goes live on mainnet
Djed, a decentralized stablecoin pegged to the US dollar, launched on the Cardano blockchain after being in development for over a year. Djed was developed by blockchain firm Coti in collaboration wit...
Stablecoin withdrawals from exchanges reach $800M on Jan. 30
Quick Take Roughly 10,000 BTC was sent to exchange addresses on Jan. 30 The fifth biggest inflow in the past three months, equivalent to around $230 million In addition to roughly $800 million of sta...
A Look at Cardano’s Overcollaterized Stablecoin Djed
Stablecoins have been one of the most controversial areas of the cryptocurrency industry. But this has not deterred industry leaders to bring about new pegged tokens built on a secure foundation. The ...
Montenegro launches a pilot project to build the first Stablecoin
Montenegro has announced a partnership with Ripple to launch a pilot project to create the country’s first digital Stablecoin. Montenegro is a candidate country for EU membership whose application is ...
Holders of Cardano’s Stablecoin Reserve Coin To Receive Rewards For ADA Deposits
COTI has found a temporary solution to enable SHEN holders to receive delegation rewards when Djed launches. Holders of Djed’s reserve currency, SHEN, will receive rewards for ADA held in Djed’s smart...
Ripple Lands New Country For A Stablecoin Pilot Project
In a piece of news that went undetected within the crypto community for a few days, the Southeastern European country of Montenegro has announced a partnership with Ripple. The country’s prime ministe...
Cardano Decentralized Exchanges Back Djed Stablecoin Launch
– Advertisement – Summary: MinSwap and MuesliSwap will support Cardano’s stablecoin Djed with token listings as well as liquidity pools to attract investors. Crypto exchange Bitrue will al...
What To Expect As Cardano-Based Overcollateralized Stablecoin Djed Is Set To Go Live ⋆ ZyCrypto
Advertisement     COTI reveals that Djed is set for mainnet launch this week. The long-anticipated algorithmic stablecoin is poised to drive new adoption to the Cardan...