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Nalezeno "stablecoin": 3927

Algorithmic Stability: How FRAX Is Developing the Future of Stablecoins


Part-collateralized, part-algorithmically stabilized stablecoin, FRAX is the world’s first fractional-algorithmic stablecoin. The Frax protocol is ideologically pure, extremely stable, and highly scalable on-chain money that consists of a two-token system. The stablecoin Frax (FRAX), and...

LUNA on the Rise as South Korean City Mulls Terra Stablecoin Proposal


Terra’s LUNA token is enjoying a rapid burst of growth, with prices up almost 9% on the past 24 hours – following news that the South Korean firm may be working on local stablecoin-related plans with the nation’s second city, Busan. At 09:05 UTC, LUNA, ranked 21st by market capitalization, trades...

OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter


The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize...

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