Stablecoin

San Luis In Argentina Issues Its Own US Dollar-Pegged Stablecoin

San Luis, a province in Argentina adopted laws permitting the creation of its own stablecoin linked to the US dollar.…

2 years ago

Stablecoins Receives A Consistent Global Regulatory Treatment

A Swiss-based group that establishes international banking standards has issued fresh recommendations for banks to manage their exposure to digital…

2 years ago

Stablecoin based on the Cardano Algorithm The Founder Of COTI Says: “Pretty Close”

Shahaf Bar-Geffen, the chief technology officer at the blockchain-based COTI Network, mentioned the impending introduction of Djed, a stablecoin built…

2 years ago

CZ Addresses USDC Outflows: ‘Feel Free To Withdraw Any Other Stablecoin’

Following more than a billion dollars in withdrawals from the largest cryptocurrency exchange in the world, Binance CEO Changpeng Zhao…

2 years ago

AEX Exchange: Controlled Assets Can’t Be Released Quickly; A “Soft Redemption” Method Will Be Used

Currently, the AEX Exchange has announced that the controlled assets cannot be released in the short term, and a "soft…

2 years ago

Waves USDN Has Dropped To $0.789. Are Stablecoins Losing Value?

USDN, the WAVES ecological stablecoin, has dropped dramatically in the last 24 hours, and the current price is barely $0.789.…

2 years ago

US OCC Warns Of The Dangers Of Cryptocurrencies To Banks

In its Semiannual Risk Perspective for Fall 2022 report, the Office of the Comptroller of the Currency (OCC) warned banks…

2 years ago

About 58.17 Million BUSD Was Transferred From Binance To Paxos Issuer And Destroyed

Recorded About 58.17 Million BUSD was transferred from Binance to Paxos vault and subsequently destroyed. Binance also confirms Paxos as…

2 years ago

Tether Founder Claims The Company’s USDT Reserve Is Transparent

Recent reports concerning Tether's loans to partners have aroused investor concerns, and Tether co-founder Reeve Collins has rejected these claims.…

2 years ago

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