Bermuda-based bank releases USD-pegged stablecoin

Bermuda’s first digital asset bank, Jewel, launched a stablecoin JUSD at the Polygon network. The company will release quarterly reporting on its reserves. On Monday, Jewel announced in a Twitter post...

Community Approves USD-Pegged Stablecoin By This DeFi Giant

DeFi giant Aave ecosystem will now have its own native decentralized, collateral-backed stablecoin GHO as the community approved the proposal. On the first day itself, the Aave community confirms thei...

Aave Proposes to Launch an USD-Pegged Stablecoin Called GHO

DeFi protocol Aave proposed to its community to create a USD-pegged stablecoin, GHO. The project would allow users to mint GHO against their supplied collaterals, with all the interest payments being ...