Browsing Tag
Stablecoin
22 posts
Tron’s USDD Stablecoin Depegs to $0.96 Amid Crypto Rout
Tron’s USDD stablecoin fell as low as $0.959 on Wednesday amid a broader cryptocurrency sell-off that has seen…
Tether to Phase Out Commercial Paper Backing of USDT
Tether has announced that it will remove the commercial paper backing for its USDT stablecoin without incurring losses.…
USDT Depegs as Crypto Lender Celsius Network Suspends Transactions
USDT stablecoin dropped as low as $0.9975 on Tuesday after Celsius Network announced that it would stop withdrawals…
Bermuda’s Jewel Bank Wins Island’s First Digital Asset Banking License
Bermuda’s Jewel Bank has been awarded a digital asset business license by Bermuda Monetary Authority as the first…
Tron Blockchain to Increase Stablecoin Reserves With 10,500 BTC
Tron blockchain has announced plans to boost its USDD stablecoin reserves to 10,500 Bitcoins, 240 million USDT, 1.9…
MoneyGram Teams Up With Stellar For Stablecoin Remittance Service
American financial services company MoneyGram has collaborated with Stellar blockchain to allow users to transfer stablecoins and convert…
Terra 2.0 Debuts in Multiple Exchanges with Low Momentum
The newly launched Terra 2.0 surged to a high of $19.53 on Saturday before dropping to about $4.39,…
Tether’s USDT Launches on Polygon in Expansion Targeting DeFi
Tether has launched its USDT stablecoin on the Polygon blockchain in a step expected to boost the network’s…
Terra to Burn 11% of UST Supply in Latest Governance Vote
The Terra governance has voted to approve a proposal to burn 11% or 1.3 billion of the existing…
Tether Introduces Mexican Peso-Pegged Stablecoin MXNT
Stablecoin Tether has launched a new stablecoin backed by Mexican Peso that will be based on Tron, Ethereum,…