Stablecoin

Justin Sun Claims USDD Is Safer, More Secure Than Terra’s UST

TRON founder Justin Sun said multiple backing assets and an over-collateralized reserve mean USDD is not susceptible to the same…

2 years ago

Acala Community Votes To Burn 2.97 Billion Mistakenly Minted aUSD Stablecoins

According to a new post by Acala Network co-founder Bette Chen, the community voted to burn $2.97 billion worth of…

2 years ago

Texas Proposes USDC To Be Issued By Banks, Instead Of Circle

United Texas Bank CEO Scott Beck argued that stablecoin issuers like as Circle (USDC) were "essentially draining deposits out of…

2 years ago

Huobi Explains The Loss Of HUSD’s Peg $1

Huobi has explained why stablecoin HUSD lost peg in a short time. After 12 hours of effort stablecoin has regained…

2 years ago

USDC Supply Drops After Blocking Tornado Cash-Linked Wallets

It seems that the race for the number 1 stablecoin position is still long as USDT recently stood out over…

2 years ago

Hacker Attacks Acala Network But Still Can’t Transfer ACA Token

CoinCu continues to update on the attack on the Acala platform that caused 1.2 billion new stablecoins to be released.…

2 years ago

Acala USD (AUSD) Stablecoin On Polkadot Lost Peg

Acala has been attacked by hackers. The hackers issued more than 1.2 billion AUSD. This is also the reason why…

2 years ago

All About Aave Protocol’s Activity In The Last Quarter

Dubbed the “Ghost Protocol,” Aave is non-custody lending and borrowing platform that operates primarily on the Ethereum, Avalanche, and Polygon…

2 years ago

USDT Volume On Exchanges Increased By 20% In 3 Months

In the past two months, the market has faced a wave of profit taking from investors. Proof of this is…

2 years ago

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