DeFi Protocol Curve Finance Moves Toward crvUSD Stablecoin
The renowned DeFi protocol, Curve Finance is progressing to launch its native dollar-pegged stablecoin, known as crvUSD. The developers of the platform released the initial code
stablecoin (Latest Publications)
Tether Fights Back After WSJ Article “is a Series of Unsubstantiated Conclusions”
The Wall Street Journal accused Tether of not adequately backing its stablecoin, USDT. In response, Tether has termed the report a series of unsubstantiated conclusions. Moreover,
Acala Stablecoin, aUSD Inches Closer to Restore $1 Pegging
The native stablecoin of the Acala network, aUSD is quite close to regaining its peg with the US Dollar after a hacking attempt on August 14.
The Circulating Supply of Tether USDT Increases After Three Months of Declining Trend
Tether USDT is the most used stablecoin in the crypto industry. Previously, its circulating supply was suffering a downward trend. However, the supply of Tether has
If a Recession Happens, Cryptocurrencies Will Fall Even Further, IMF Says
Crypto markets are about to experience another round of selling pressure, as well as more failures of coin offerings, including stablecoins, as forecast by the International
US Delays Bill to Regulate Stablecoins for Several Weeks
In a recent development, a bipartisan bill to regulate stablecoins by US House Lawmakers is being delayed for several weeks. The step was taken during the
Bluejay Finance Stablecoin Protocol Announces the First Funding Round: $2.9M
Bluejay Finance announced raising $2.9M for their first round of investment amid the hard times in the market. There has been some uncertainty in the industry
Algorithmic Stablecoins – How do They Work and What Risks do They Have?
All stablecoins are believed to be backed by a real-world asset, such as a national currency or precious metal, which is a good assumption to make.
USDC Issuer Circle Discloses the Details of its Reserves
It has been a tough summer for the stablecoin industry, as the collapse of Terra’s algorithmic stablecoin, UST has alarmed the crypto community. As a result,
Aave Works on a New Stablecoin Called GHO
Aave announced the launch of a new stablecoin called GHO in a tweet that contains complete details about the project and its plans.
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