Cardano is all geared up to launch an algorithmic stablecoin in 2023, that will be backed…
Tag: stablecoin
Silvergate Capital Delays Plans to Launch US Dollar-Pegged Stablecoin
Silvergate Capital, a crypto bank holding company, has decided to delay the launch of its long-awaited…
UN Development Body Believes Banks Should Be Banned From Holding Crypto
The United Nation’s development arm, UNCTAD, believes that banks should be banned from holding crypto while…
Profits Return to BTC; Market Cap of Crypto Sector Exceeds $1 Trillion
Majority cryptocurrencies opened with gains on Wednesday, July 20, giving the crypto price charts a healthy…
FTX Has ‘A Few Billion’ to Support Industry, Claims Head Bankman-Fried
Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company…
Tether Announces to Reduce Commercial Paper Holdings Amid Crypto Gloom
Tether, the world’s largest stablecoin, said on Friday it had cut its commercial paper holdings by…
Three Arrows Capital Accused of Exceeding Assets Threshold
Singapore’s financial regulator has accused embattled crypto hedge fund Three Arrows Capital of exceeding its assets…
TRON’s USDD Stablecoin Continues to Remain De-Pegged From the Dollar
The TRON stablecoin USDD is meant to track the price of the dollar, but it’s struggled…
Tether Co-Founder Thinks Algorithmic Stablecoins Will Face Their End Soon
The collapse of the algorithmic stablecoin TerraUSD has raised questions about the future survival of similar…
Vitalik Buterin Believes Resilience Should Be the Priority for Stablecoins
Ethereum founder and crypto enthusiast Vitalik Buterin recently shared his two cents on algorithmic stablecoins and…