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Nalezeno "stablecoin": 3919

Brazilian Companies Break Crypto Purchasing Records Again in October


According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...

Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months


During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last...

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year


This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962...

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...

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