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MakerDAO unveils PureDai: A decentralized stablecoin with no dollar peg
17.5.2024
MakerDAO, the decentralized autonomous organization that created the Dai stablecoin, has revealed intentions to launch a new stablecoin called PureDai. This step is intended to provide a fully decentralized alternative to Dai, which now depends on a combination of centralized and decentralized...
Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet
7.12.2023
Gyroscope's GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs
Ethena Raises $6.5 Million to Develop an Ethereum-Based, Banking System Independent Stablecoin
21.7.2023
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 2023, which was inspired by an article written...
Fluid Finance Proposes to Integrate the DAI Decentralized Stablecoin Directly Into the Traditional Financial System
23.1.2023
PRESS RELEASE. Fluid Finance submitted a proposal to integrate the DAI decentralized stablecoin directly into the traditional financial system. It would be the first time that a stablecoin could be purchased directly from a bank account. Jessica Walker at Fluid said: “One of the problems with...
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
13.6.2022
The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free
USDD Becomes First Over-Collateralized Decentralized Stablecoin
6.6.2022
USDD has achieved the significant milestone of upgrading into the first over-collateralized decentralized stablecoin with a ratio of 130%, higher than the one set by DAI, which comes to 120%. A total of 700 million tokens are in economic circulation. The upgrade has resulted in a faster transaction...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
Tron Founder H.E. Justin Sun Announces the Launch of USDD – A Decentralized Stablecoin
22.4.2022
H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin. TRON DAO will partner with other blockchain industry...
Tron’s Justin Sun Launches ‘Most Decentralized Stablecoin,’ Bitcoin Might Get a Role Here Too
21.4.2022
Tron (TRX) founder Justin Sun is launching a new algorithmic stablecoin called USDD that he says will become “the most decentralized stablecoin in human history.”
The new stablecoin, with the full name Decentralized USD, will mark the beginning of the “Stablecoin 3.0 era,” according to a tweet...
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
18.4.2022
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin...
Stablecoin Flippening: UST Becomes the Biggest Decentralized Stablecoin By Market Cap
21.12.2021
UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest decentralized stablecoin in the market, closing a year of growth for the Terra ecosystem, which is...
New decentralized stablecoin in China targets international trade
23.9.2021
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
RenVM Ventures With ICHI to Develop Decentralized Stablecoin
12.8.2021
Stablecoins are presently leading the race. Many companies are collaborating to encash this opportunity. Another venture that is grabbing headlines happened between RenVM and ICHI, which are coming up with DeFi based stablecoins to get a hold of the market. ICHI and RenVM have joined hands...
Meet Nimbus, a Concept for Enhancing BCH Smart Contracts
18.9.2019
On Monday, software developer Tobias Ruck introduced a new transaction version for the BCH chain called Nimbus in a demonstration video. The introduction is a longer version of the presentation Ruck had shown at the Bitcoin Cash City conference. According to the developer, the transaction version...