stablecoin
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Cryptocurrency
Binance mints almost 50 million TUSD stablecoin; TRU token rises 200%
advertisement Binance has delivered on its recent promise to support the stablecoin ecosystem. According to the tweet of whale alertOn…
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Cryptocurrency
Terra’s classic stablecoin surges on BUSD failure, but is still only worth $0.03
advertisement Depegged stablecoin Terra Classic USD (USTC) regained a small amount of value today with the news that Binance USD…
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Cryptocurrency
PayPal puts its stablecoin project on hold
advertisement Bloomberg News reported that payments giant PayPal has paused work on a possible future stablecoin. February 10. A company…
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Cryptocurrency
Cardano stablecoin Djed TVL hits $10M in 24 hours, ADA up 4%
According to DeFillama data, Cardano-based overcollateralized stablecoin Djed’s total locked assets (TVL) exceeded $10 million in its first 24 hours…
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Cryptocurrency
Gemini’s stablecoin loses USD peg amid OKX delisting
The Gemini-backed stablecoin Gemini Dollar (GUSD) fell 0.84% to $0.9851 over the past 24 hours, losing parity with the US…
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Cryptocurrency
Ethereum stablecoin dominance reaches 3-month high
Glassnode data analyzed by crypto slate Ethereum (ETH)’s dominance over stablecoins is growing, marking a three-month high. Ethereum’s dominance over…
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Cryptocurrency
Stablecoin collapse could impact U.S. bond market, economist warns
Economist Eswar Prasad has warned that a bank run on stablecoins could affect the US bond market if issuers sell…
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Cryptocurrency
Stablecoin reserves in centralized exchanges continue to fall after FTX collapse
Gradually, the strength and popularity of stablecoins are growing alongside the cryptocurrency industry. Its growth is attributed to the stability…
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Cryptocurrency
Ondo Finance launches tokenized US Treasuries, bonds for stablecoin holders
Ondo finance for DeFi farms launch A tokenized fund that allows stablecoin holders to invest in bonds and US Treasuries.…
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Cryptocurrency
COTI CEO differentiates Djed as overcollateralized stablecoin
Shahaf Bar-GeffenCOTI CEO said Djed is an overcollateralized stablecoin and not an algorithmic stablecoin. In COTI’s first update for 2023,…
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