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Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing
1.2.2023
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing
UK native stablecoin integrates into 18,000 ATMs nationwide
31.1.2023
Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom
ADA-backed algorithmic stablecoin Djed launched on Cardano
31.1.2023
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit
Hong Kong will not tolerate algorithmic stablecoins in new regulation
31.1.2023
The new regulatory regime for stablecoins in Hong Kong should arrive no later than 2024
Hong Kong to Require Stablecoin Licensing as Early as This Year
31.1.2023
Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said
Montenegro's central bank teams up with Ripple on digital currency pilot project
30.1.2023
Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency
Fantom Blockchain to Release Version 2 of fUSD Stablecoin
30.1.2023
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it
Stablecoin Economy Sheds Another $3 Billion in 44 Days
28.1.2023
The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD...
Fed policy to align bank oversight could limit crypto activities by state banks
27.1.2023
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive
Banks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money
27.1.2023
Today in Crypto: Moody’s to Develop a Scoring System for Stablecoins, Hive Ransomware Group Dismantled, Animoca Brands Subsidiary Hiring a Head of Degen Relationships
27.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Moody’s to Develop a Scoring System for Stablecoins, Hive Ransomware Group Dismantled, Animoca Brands...
Binance Stablecoin BUSD Loses $2 Billion in Market Cap in a Month – What’s Going On?
27.1.2023
The Binance USD (BUSD) stablecoin continues to lose ground versus other stablecoins, and has over the past month lost as much as $2bn in market capitalization.
At its low on Wednesday this week, BUSD’s market cap touched $15.3bn, down more than $2bn compared to the $17.5bn market cap it had on...
Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week
27.1.2023
The issuance of Djed’s overcollateralized stablecoins has been a much-hyped topic in the Cardano community
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
27.1.2023
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk...
Moody’s to build scoring system for stablecoins: Report
26.1.2023
Moody's is allegedly developing a scoring system for stablecoins, with analysis of up to 20 digital assets
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
26.1.2023
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization
Stablecoin Regulation Is First on New Subcommittee’s To-Do List, Says Chairman
26.1.2023
French Hill, a Republican, said the newly formed subcommittee on digital assets will look to tackle stablecoins first
Algorithmic stablecoin market share dropped by 10x from ATH: Report
26.1.2023
The stablecoin market in general is going through hard times, though it's the algorithmic coins that suffered the most
Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement
25.1.2023
BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko
Cardano-Based Overcollateralized Stablecoin Djed to Launch Next Week
25.1.2023
The stablecoin will be minted by ADA holders and is expected to be immediately integrated into several Cardano dApps upon launch