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Ripple partners with The Republic of Palau for new stablecoin
27.7.2023
Ripple recently announced a partnership with the Republic of Palau. The blockchain network has been making waves ever since its monumental win against the SEC. The collaboration will see Ripple and the Republic of Palau piloting a US dollar-backed stablecoin. The project will take place on the...
Aave Launches GHO Stablecoin on Ethereum Network
17.7.2023
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...
Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Ethena
17.7.2023
The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023
US House Committee releases new stablecoin bill draft
9.6.2023
The draft bill is set to go before the House Committee for discussion on June 13, and if approved by the House and the Senate, it could become the first form of crypto legislation in the U.S
New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
9.6.2023
The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
5.6.2023
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH)
House Democrats Consider New Stablecoin Bill Proposal: Source
12.5.2023
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft
Former CEO of Troubled Crypto Firm Creates New Stablecoin – How Does it Work?
14.3.2023
Flex Yang, the former CEO and founder of Babel Finance, has introduced a new decentralized stablecoin backed by crypto-native reserves and an entire DeFi ecosystem built around it.
Yang claimed the Hope stablecoin blends centralized finance (CeFi), decentralized finance (DeFi) and traditional...
Here's Why Cardano's New Stablecoin Could Be a Game Changer
9.2.2023
Read More: Here's Why Cardano's New Stablecoin Could Be a Game Changer
Iran and Russia want to issue new stablecoin backed by gold
16.1.2023
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like U.S. dollar, the Russian ruble or the Iranian rial
Waves founder announces new stablecoin as USDN depegs
20.12.2022
Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable."
Waves Blockchain Founder Sasha Ivanov Promises USDN Revival Plan, New Stablecoin
20.12.2022
USDN, the algorithmic stablecoin of the Waves ecosystem, fell as low as $0.53 early Tuesday
Crypto and Payments Firm MobileCoin Launches New Stablecoin – ‘Electronic Dollars’
10.10.2022
The company says Electronic Dollars (eUSD) will be “the first data-protecting stablecoin.”
UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
17.8.2022
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending
Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
1.8.2022
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S....
Gate.io Announces 365% APR with New Stablecoin Empowerment
11.7.2022
Gate.io recently released an official tweet about empowering stablecoins. The network offers users an opportunity to earn up to 365% APR. Besides this, Gate.io is also looking forward to a prospective future in the Polkadot ecosystem. The network requested that users lend their ACA tokens to make...
Circle Launches Second Major Stablecoin Backed 1:1 by the Euro
16.6.2022
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle...
USDD vs UST: Is Justin Sun's New Stablecoin Just a Clone of UST?
28.5.2022
UST, a stablecoin that's supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were...
SEC's Hester Peirce says new stablecoin regs need to allow room for failure
13.5.2022
The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure
Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin
21.4.2022
TRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its highest point since November. TRON (TRX) TRX surged today, as founder H.E. Justin Sun of TRON...