Stablecoin

Stablecoin RAI Was Successfully “Shorted” By Vitalik Buterin

Key Points: Stablecoin RAI is created by Reflexer Labs that is completely backed by Ether. To mint RAI, users must…

2 years ago

Can Ondo Finance Break Through By Allowing Stablecoins To Buy Government Bonds?

DeFi is gradually expanding the boundaries of encrypted business. Recently, the DeFi protocol Ondo Finance announced the launch of a…

2 years ago

National Australia Bank Announced To Launch Its Own Stablecoin

Key Points: National Australia Bank stated that the stablecoin will be available on the Ethereum and Algorithm blockchains. The goal…

2 years ago

e-Money Stops Issuing Its Euro-backed Stablecoin After 2 Years

Key Points: e-Money, a cosmos-based electronic payment system, has halted issuing its EEUR stablecoin, citing market conditions. Up to March…

2 years ago

The Circle Reserve Fund Managed By BlackRock Has $12.79 Billion Invested In 

Key Points: Circle USDC invests 30% of its reserves, or $12.79 billion, in its government money market fund. The Bank…

2 years ago

Waves Founder Releases Waves 2.0 Plan With New Stablecoin

Key Points: Waves founder Sasha Ivanov released the Waves 2.0 plan. The plan includes achieving 1,000+ tx per second on…

2 years ago

Ripple Collaborates With Palau To Launch A National Stablecoin

Key Points: Whipps Jr. announced that the country is collaborating with Ripple to create a national stablecoin. Central bank digital…

2 years ago

Japan Will Lift Ban On Foreign Stablecoin Distribution In Japan In 2023

Key Points: Japan will lift ban on overseas-issued stablecoins in Japan in 2023. It is recommended to set a maximum…

2 years ago

Platypus To Launch Its Stablecoin USP’s Testnet On December 28

Key Points: Avalanche-based DEX Platypus announced it would launch its native stablecoin $USP on testnet on December 28. USP is…

2 years ago

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