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Nalezeno "A$DC Stablecoin": 3827

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...

Justin Sun's Tron Reveals More Details of USDD Backing in a Move to Distance It from UST

6.6.2022
Crypto entrepreneur Justin Sun’s blockchain Tron (TRX) has revealed details about the backing of its new algorithmic stablecoin USDD in what appears to be an effort to maintain confidence in the project following the collapse of major algorithmic stablecoin terraUSD (UST).... Read More: Justin...

Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts

5.6.2022
Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsuits by cryptocurrency investors. Do Kwon Unlikely...

US Fed begins quantitative tightening, Japan restricts stablecoin issuance and LUNA 2.0 rides a price roller coaster: Hodler’s Digest, May 29-June 4

4.6.2022

Is education the key to curbing the rise of scammy, high APY projects?

4.6.2022
As DeFi projects offering insane returns continue to infiltrate the market, experts believe that investors need to better equip themselves to avoid such scams

Japan Adopts Legislation Establishing Legal Framework for Stablecoins

3.6.2022
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of...

MakerDAO ‘Endgame Plan’ Calls for Specialized DAOs, Says Protocol is Held Back by Complexity

3.6.2022
A detailed proposal to bring the MakerDAO (MKR) protocol to a “predetermined, immutable end state” by setting up several new decentralized autonomous organizations (DAO) has been published by the protocol’s founder Rune Christensen. The plan aims to improve governance and tap into “the raw power...

Big Wallets Exited Anchor/UST While Smaller Fish Continued to Invest - Jump Crypto

3.6.2022
A number of bigger Terra (LUNA) ecosystem investors abandoned their positions as the terraUSD (UST) peg began to slip away last month – with smaller-scale investors continuing to buy as the coin’s price plummeted, according to the trading firm Jump Trading Group’s crypto arm Jump...

Japan passes bill to limit stablecoin issuance to banks and trust companies

3.6.2022
The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse

Japanese Parliament Green-lights Stablecoin Legislation, FTX Makes Official Japanese Debut

3.6.2022
Japan’s upper parliamentary house, the House of Councillors, has approved a legal amendment that will police stablecoin issuance and ensure that only regulated companies are allowed to issue cryptoassets.... Read More: Japanese Parliament Green-lights Stablecoin Legislation, FTX Makes Official...

Japan Passes Landmark Stablecoin Bill For Investor Protection: Report

3.6.2022
Japan emerges as a precedent-setting nation by passing stablecoin regulation in the wake of the TerraUSD collapse

These are the least 'stable' stablecoins not named TerraUSD

2.6.2022
Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse

Beanstalk Stablecoin Protocol 'Barn Raise' Aims to Restore $77M in Lost Funds

2.6.2022
The protocol was hit by a $182 million flash-loan attack in April

Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked

2.6.2022
For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that...