Binance Admits Facing Problems in Maintaining $1 Peg of BUSD
Binance is not only the largest cryptocurrency exchange in the world but it is also the name behind a renowned stablecoin Binance USD (BUSD). However, the
Binance is not only the largest cryptocurrency exchange in the world but it is also the name behind a renowned stablecoin Binance USD (BUSD). However, the
Aave, one of the leading DeFi lending protocols, is emerging as one of the top players in the crypto ecosytem as its native token, AAVE, pumps
The CEO of renowned crypto exchange Coinbase, Brian Armstrong, has urged regulators to investigate centralized exchanges. The main reason for doing this is directly due to
Tether is addressing false information surrounding secured loans and revealing plans to reduce secured loans to zero by 2023, according to a new announcement.
The effects of the FTX collapse are still looming over the crypto market. Therefore, Tron’s USDD is still actively searching for a stable US dollar peg.
In a recent development, Coinbase has asked its users to switch their USDT to USDC. The conversion fees are entirely waived and USDC is classified as
Decentralized Proof-of-Stake (PoS) blockchain, Cardano is all geared up to launch a new algorithmic stablecoin ‘Djed’ in Junuary 2023, to create a price-stable digital asset backed
As of now, things do not exactly seem to be working out well for investors within the crypto market. The long winter is being harsh on many.
The value of stablecoins is supposed to stay constant. Considering how the crypto market has suffered a meltdown yet again, it is hard to say that.
Circle and Tether, the two firms behind renowned stablecoins USDC and USDT, have distanced themselves from FTX amid the exchange’s fall. The CEO of Circle, Jeremy
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