Browsing Tag
stablecoin
9 posts
PayPal stablecoin PYUSD soon available on Triple-A
Triple-A seeks to bolster payment diversity with PayPal's PYUSD addition. Singapore-based licensed payment firm Triple-A is set to integrate PayPal’s stablecoin, PYUSD, into its range of token offerings by the end of June, according to a recent report from Bloomberg.With the addition of PYUSD, Triple-A customers can choose from a wide range of payment options
Cosmos’ stablecoin protocol hacked within hours of this new announcement
Harbor protocol disclosed that it was hacked but what will the impact on Cosmos and ATOM be? ATOM flashed signs that it might be developing a wave of accumulation. The Harbor protocol, a cross-chain stablecoin protocol that operates on the Cosmos network just announced that it suffered an exploit. The DeFi protocol issued its official
Stablecoin Shuffle: Binance Launches Exciting Trading Pairs, Suspends USDC-BUSD Swap
You are here: Home/ News/ Stablecoin Shuffle: Binance Launches Exciting Trading Pairs, Suspends USDC-BUSD SwapBinance, the world’s largest crypto exchange, has announced the launch of several new stablecoin trading pairs. In a blog post, Binance said that it would open trading today for “the BNB/TUSD, BTC/TUSD, ETH/TUSD, TUSD/USDT, USDC/USDT, and USDP/USDT spot trading pairs.”The company
Argentina Saw 3x More Stablecoin Buys As Traders Hedge Against Rising Inflation – CoinDesk
Summary: Stablecoin purchases in Argentina shot up over the weekend.Arbitrage opportunities erupted for stablecoins paired with the country’s national fiat currency – Peso.The buying pressure increased following economy minister Martin Guzmán’s resignation.Traders are reportedly hedging against increased inflation rates. Major local exchange Buenbit saw a 300% increase in trading on Sunday.DAI token was one of…
USDC Stablecoin Issuer Circle Is Now Valued at $9B
Circle has agreed to new SPAC deal terms with Concord Acquisition Corp. Key Takeaways Circle has signed a new deal for a SPAC merger with Concord Acquisition Corp. The new agreement gives Circle a $9 billion valuation, double its prior valuation from July 2021. The new agreement is expected to be exercised in December 2022.…
Stablecoin USDT es una bomba de tiempo: congresista de Estados Unidos
Hechos clave: Warren Davidson tiene dudas sobre Tether por su falta de transparencia. El congresista cree que las stablecoins no debe ser aseguradas por la FDIC. En el Congreso de Estados Unidos, uno de los temas sobre los que suele hablarse con frecuencia últimamente es la regulación de las criptomonedas, especialmente las stablecoins. Al respecto,…
The volatility of most cryptocurrencies brought about the deployment of stablecoins. These assets are pegged to external assets, mostly fiat currencies. Of all the stablecoins, tether and USD coin rank higher and are both tied to the USD. Similarly, they are listed on virtually every exchange, dApp, and wallet. USDT was the first to be…
Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades
Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto market economy. Stablecoin Issuance Jumps 3.5% There’s a great number of stablecoins…
Stablecoin Launch and NFT Integration Support COTI's Over 600% Rally
El ecosistema blockchain ha evolucionado significativamente en la última década, pues las capacidades de los contratos inteligentes han hecho que la industria pase de ser un simple medio de intercambio a un ecosistema vivo lleno de protocolos de finanzas descentralizadas (DeFi) y tokens no fungibles (NFT). Un proyecto que se ha beneficiado de las capacidades…