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Nalezeno "A$DC Stablecoin": 3827

Binance and Paxos’s BUSD: High Quality Reserves, Audits, and Regulation


What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this piece is intended as an explanation of BUSD. First and foremost, BUSD is a stablecoin pegged to the US Dollar...

Cardano’s newest stablecoin Djed gets january launch date


Djed, an algorithmic stablecoin from enterprise protocol COTI, will launch on the Cardano mainnet in January. The announcement was made on the main stage at this year’s Cardano Summit, which is taking place in Lausanne, Switzerland. First touted a year ago at the 2021 Summit, Djed is soft-pegged...

Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees


Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus...

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