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Centralized stablecoins

Centralized stablecoins

Stablecoins   -   May 07, 2023 Tether Pushes Product Line. Gold XAUT and EURT
Logos of Tether, BitMart and MEXC Global.

Tether continues to expand the list of exchanges where users can access gold-referenced XAUT and Euro-referenced EURT. BitMart and MEXC Global exchanges have announced the listing of stablecoins.

Centralized stablecoins   -   Apr 27, 2023 UPD: The Cross-Chain Protocol for the Transfer of Stablecoins from Circle Has Started Working
Circle logo, the principle of operation of the CCTP protocol.

On April 26, the Cross-Chain Transfer Protocol from Circle was launched. The new protocol allows moving USDC between Ethereum and Avalanche.

TrueUSD logo and Justin Sun with question on the face
Stablecoins   -   May 09, 2023 Who Is Behind TrueUSD?

Amid the growth of TrueUSD stablecoin, the community is puzzled by its ongoing support from Binance. Also, rumors are spread about the project's possible connections with Tron's Justin Sun. TrueUSD says the latter is not True.

Alex Harutunian
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Stablecoins   -   May 09, 2023 Who Is Behind TrueUSD?
TrueUSD logo and Justin Sun with question on the face

Amid the growth of TrueUSD stablecoin, the community is puzzled by its ongoing support from Binance. Also, rumors are spread about the project's possible connections with Tron's Justin Sun. TrueUSD says the latter is not True.

Alex Harutunian
Stablecoins   -   May 07, 2023 Tether Pushes Product Line. Gold XAUT and EURT
Logos of Tether, BitMart and MEXC Global.

Tether continues to expand the list of exchanges where users can access gold-referenced XAUT and Euro-referenced EURT. BitMart and MEXC Global exchanges have announced the listing of stablecoins.

Alex Harutunian
Centralized stablecoins   -   Apr 27, 2023 UPD: The Cross-Chain Protocol for the Transfer of Stablecoins from Circle Has Started Working
Circle logo, the principle of operation of the CCTP protocol.

On April 26, the Cross-Chain Transfer Protocol from Circle was launched. The new protocol allows moving USDC between Ethereum and Avalanche.

Alex Harutunian
Stablecoins   -   Apr 26, 2023 Kaiko Research. Does Binance Push TrueUSD?
TUSD and Kaiko logos.

The leading information provider about the crypto market, Kaiko, released the report "The Binance Effect" on March 20. The report describes in detail how the exchange's actions affect the growth of the TrueUSD stablecoin and why the TUSD-BTC trading pair has become the most popular.

Alex Harutunian
Adoption   -   Apr 24, 2023 Bank of America Labels Tokenization of Gold a Key Driver to Digital Asset Adoption
Bank of America Labels Tokenization of Gold a Key Driver to Digital Asset Adoption

Bank of America has highlighted the tokenization of real-world assets, including funds, equities, and commodities such as gold, as a “key driver of digital asset adoption.”

Jack Martin
Stablecoins   -   Apr 24, 2023 Canadian Stablecoin QCAD Is Back in Action
Stablecorp and QCAD logos.

Toronto based Stablecorp has relaunched its Canadian dollar backed stablecoin – QCAD.

Alex Harutunian
Coins and tokens   -   Apr 23, 2023 Tether Blacklists Validator Address after $25 Million MEV Bot Hack
Tether logo and MEV bot.

In early April, a significant hack targeted MEV bots, resulting in the withdrawal of $25 million through an exploited vulnerability. Tether later took action by blocking the address of the validator responsible for the withdrawal.

Alex Harutunian
Stablecoins   -   Apr 19, 2023 Tether Pushes Utility, Launches its Stablecoins on Two Instant Exchanges
Tether, StealthEX and SimpleSwap logo.

Euro Tether (EURT) and Tether Gold (XAUT) stablecoins expand to StealthEX and SimpleSwap platforms while USDT regains 2022 market cap.

Alex Harutunian
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