Cardano (ADA) new stablecoin “Djed” reaches $10M TVL in just 24 hours
Cardano based over-collateralized algorithmic stablecoin, “Djed” managed to amass a whopping $10 million in total value of assets locked (TVL) in just 24 hours, since launch.
stablecoin (Latest Publications)
Stablecoin Scoring System Will Be Launched By Moody’s
As reported by Bloomberg, Moody’s is currently developing a scoring system for crypto stablecoins. Up to twenty stablecoins plus reserves will be evaluated by the scoring
Cardano’s stablecoin DJED launch officially announced
As per the latest reports, Cardano is gearing up for the arrival of its own stablecoin, as DJED was officially announced for launch. Apart from the
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
Aave (AAVE) Accumulates 10% Weekly Gain as It Prepares to Launch “GHO Stablecoin”
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
Coinbase CEO Suggests Regulating Centralized Actors but Not DeFi
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 to Reduce Secured Loans to Zero in 2023
Tether is addressing false information surrounding secured loans and revealing plans to reduce secured loans to zero by 2023, according to a new announcement.
Tron’s USDD Stablecoin Falls Under $0.97
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.
Coinbase Urges Users to Convert Their USDT to USDC
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
Cardano to Introduce New Algorithmic Stablecoin ‘DJED’ in 2023
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
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