Tag: Stablecoins

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Stellar and Circle Join Forces with UNHCR to Boost Aid Effort

Stellar and Circle Join Forces with UNHCR to Boost Aid Effort

The United Nations High Commissioner of Refugees (UNHCR) has partnered with Circle, the Stellar Development Foundation, and MoneyGram International to

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How Tether Plans to be a Leader in Decentralized Finance

How Tether Plans to be a Leader in Decentralized Finance

Tether (USDT), the largest and most liquid stablecoin by a significant margin, is taking steps to cement its position as

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MakerDAO Boasts Impressive Total Collateralization of 154% with $8.26B in Assets

MakerDAO Boasts Impressive Total Collateralization of 154% with $8.26B in Assets

MakerDAO, the Ethereum-based protocol behind the popular DAI stablecoin, has announced an impressive milestone. According to the project’s latest update,

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Stablecoin Markets in Freefall: Tether (USDT) Takes Charge

Stablecoin Markets in Freefall: Tether (USDT) Takes Charge

The stablecoin market, valued at $137 billion, has been shaken after New York-based Paxos Trust Company announced it would cease

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Avalanche-Based Stablecoin Exchange Platypus Hacked, $8.5 Million Lost

Avalanche-Based Stablecoin Exchange Platypus Hacked, $8.5 Million Lost

Platypus, a stablecoin exchange platform built on the Avalanche chain, has suffered a significant loss of approximately $8.5 million after

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Investment Funds Are Gravitating Towards More Reliable Stablecoins as a Safe Haven for Their Assets

Investment Funds Are Gravitating Towards More Reliable Stablecoins as a Safe Haven for Their Assets

Investors are now exercising caution when handling BUSD, with many rapidly liquidating their positions. This has led to a surge

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Stablecoins Are Not Securities: Coinbase

Stablecoins Are Not Securities: Coinbase

The New York State Department of Financial Services (NYDFS) recently directed the Paxos Trust to cease issuing the BUSD stablecoin.

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Yesterday Curve’s Stablecoin Transaction Capacity Skyrocketed to a Record-breaking $814M!

Yesterday Curve’s Stablecoin Transaction Capacity Skyrocketed to a Record-breaking $814M!

This surge in Curve’s single-day stablecoin transaction volume can be attributed mainly to 3pool, the leading liquidity protocol for decentralized

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Tether Reports Strong Q4 2022 Results with $700 Million Profit

Tether Reports Strong Q4 2022 Results with $700 Million Profit

The leading stablecoin issuer, Tether, has received validation of its reserves from top accounting firm BDO through an assurance opinion.

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Stablecoins Could Become Widely Adopted Globally in the Near Future – Here’s Why

Stablecoins Could Become Widely Adopted Globally in the Near Future – Here’s Why

Stablecoins are rapidly gaining popularity as the leading crypto application and could become mainstream sooner than any other crypto application,

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Decrease In Stablecoins Supply Hints Another Crypto Winter On Horizon?

Decrease In Stablecoins Supply Hints Another Crypto Winter On Horizon?

Stablecoins gaining popularity lately but face uncertainty over new regulations. Hong Kong announced it will not permit algorithmic stablecoins Stablecoins

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<strong>Stablecoins Hints Caution Amid  Pre-Fed Anxiety</strong>

Stablecoins Hints Caution Amid  Pre-Fed Anxiety

As the gap widens between Curve’s 3pool and U.S bond yields, Stablecoins become less attractive Over the last 44 days,