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Nalezeno "stablecoin": 3978

NYCB and Group of Banks Join to Launch USDF Stablecoin


A group of U.S.-based banks is launching their own stablecoin, USDF. The stablecoin will be issued by the USDF Consortium, which will allow its members (financial and banking institutions) to issue USDF. The proposed stablecoin will be the first currency of its kind to be minted by FDIC-insured...

Tether Freezes USD 160M-Heavy Addresses on Law Enforcement Request


  Stablecoin issuer Tether (USDT) froze three addresses on Ethereum (ETH), which together hold USD 160m worth of assets. This has been confirmed by Tether, stating that they have done so upon request from law enforcement, per Coindesk. Per data analytics site Bloxy, Tether itself has so...

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols


On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...

PayPal Considers Releasing its Own Stablecoin


Since opening trading to all customers in 2020, PayPal has already been broadening its crypto biz. It has permitted US clients to spend with cryptos and has continued to increase its crypto purchase constraint over the last year, and now, PayPal has allegedly revealed that it is developing...

Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero


Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s dollar-pegged stablecoin, and MIM, another collateralized stablecoin, were “solid...

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