USDD Stablecoin Faces That you may perhaps well perhaps most definitely judge of Give scheme Amid Huobi Insolvency Rumors

The Crypto NewsFebruary 22, 2023

by The Crypto NewsFebruary 22, 20230141

The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin...

Altcoin

What is Ampleforth?: The Stablecoin With Elastic Provide

The Crypto NewsNovember 27, 2022

by The Crypto NewsNovember 27, 20220137

Ampleforth is an Ethereum-based software ecosystem that utilizes two types of digital assets, AMPL, a stablecoin, and FORTH, a governance token. Ampleforth doesn’t have a...

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A stablecoin that’s no longer stable is an “oxymoron,” says Wemade’s Henry Chang

The Crypto NewsNovember 3, 2022

by The Crypto NewsNovember 3, 20220143

Henry Chang believes that stablecoins must have a 100% reserve to ensure that user funds are protected. Henry Chang, chief executive officer of South Korea-based...

Altcoin

EU Stablecoin Ban Would Trigger “Vulgar Volatility,” Lobbyists Warn

The Crypto NewsOctober 10, 2022

by The Crypto NewsOctober 10, 20220142

The European Union’s Markets in Crypto-Assets legislation could effectively ban dollar-pegged stablecoins like USDT and USDC in 27 member states. Lobbyists have warned that the...

News

Stablecoin Reserves Need to Be “Publicly Transparent”: Jerome Powell

The Crypto NewsOctober 3, 2022

by The Crypto NewsOctober 3, 20220156

Key Takeaways Federal Reserve Chair Jerome Powell has weighed in on stablecoin regulation. Speaking at the Opportunities and Challenges of the Tokenisation of Finance conference,...

Altcoin

Dollar-Backed HUSD Stablecoin Plummets From Peg

The Crypto NewsSeptember 16, 2022

by The Crypto NewsSeptember 16, 20220135

Huobi said it is “aware of the current liquidity issues associated with the HUSD stablecoin.” Key Takeaways HUSD has depegged from the dollar and currently...

Featured

Stablecoin ecosystem is now now not a 0-sum game: Kazemian

The Crypto NewsSeptember 15, 2022

by The Crypto NewsSeptember 15, 20220154

Sam Kazemian, the founder of the world’s first fractional-algorithmic stablecoin, Frax Finance, said that the growth of the stablecoin ecosystem and liquidity requires a further...

Altcoin

Acala Stablecoin aUSD Collapses After Parachain Exploit

The Crypto NewsSeptember 8, 2022

by The Crypto NewsSeptember 8, 20220149

Acala Network’s native stablecoin, aUSD, collapsed to zero on Sunday after hackers exploited a bug in a newly deployed liquidity pool to mint over 1.28...

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fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) effect elevated

The Crypto NewsJuly 30, 2022

by The Crypto NewsJuly 30, 20220166

After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it...

News

Stablecoin Offer Decreases Over Quarter for First Time in Historical previous

The Crypto NewsJuly 25, 2022

by The Crypto NewsJuly 25, 20220164

Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show that over $13 billion has been redeemed directly...