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Stablecoins

Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro

Stablecoins

Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro

Stablecoins   -   Dec 05, 2022 USDC Circle IPO Plans On Hold
USDC logo on Concord website background

SPAC Concord, chaired by former Barclays CEO Bob Diamond, has canceled USDC's Circle acquisition deal worth USD9 billion.

Stablecoins   -   Dec 02, 2022 MakerDAO Excluded renBTC, Associated with Alameda Research, from the Reserves of Its Own Stablecoin
MakerDAO Excluded renBTC, Associated with Alameda Research, from the Reserves of Its Own Stablecoin

MakerDAO Management unanimously voted to withdraw the RENBTC-A pledge.

Tether Сollaborates with Justin Sun of Tron
Stablecoins   -   Dec 08, 2022 Tether Сollaborates with Justin Sun of Tron

Tether announced the launch of Euro Tether (EURT) and Tether Gold (XAUT) on Huobi Global. As well as a stablecoin tied to the offshore Chinese yuan (CNHT) which will be available to users on the Tron blockchain, although previously it worked only on Ethereum.

Alex Harutunian
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Stablecoins   -   Dec 08, 2022 Tether Сollaborates with Justin Sun of Tron
Tether Сollaborates with Justin Sun of Tron

Tether announced the launch of Euro Tether (EURT) and Tether Gold (XAUT) on Huobi Global. As well as a stablecoin tied to the offshore Chinese yuan (CNHT) which will be available to users on the Tron blockchain, although previously it worked only on Ethereum.

Alex Harutunian
Stablecoins   -   Dec 05, 2022 USDC Circle IPO Plans On Hold
USDC logo on Concord website background

SPAC Concord, chaired by former Barclays CEO Bob Diamond, has canceled USDC's Circle acquisition deal worth USD9 billion.

Alex Harutunian
Stablecoins   -   Dec 02, 2022 MakerDAO Excluded renBTC, Associated with Alameda Research, from the Reserves of Its Own Stablecoin
MakerDAO Excluded renBTC, Associated with Alameda Research, from the Reserves of Its Own Stablecoin

MakerDAO Management unanimously voted to withdraw the RENBTC-A pledge.

Alex Harutunian
Stablecoins   -   Nov 30, 2022 Curve Has Published a White Paper For Their Stablecoin – crvUSD
Curve Has Published a White Paper For Their Stablecoin – crvUSD

Curve has published a white paper for its own stablecoin.

Alex Harutunian
Stablecoins   -   Nov 29, 2022 Circle Changes Financial Prediction
Blank S-4 and Circle logo on US flag background.

Circle, which owns one of the most popular stablecoins – USDC, has made changes to its financial forecasts due to the automatic conversion of USDC into BUSD stablecoin and the risks after the collapse of FTX, outlining them in a new document for the Securities and Exchange Commission.

Alex Harutunian
Exchanges   -   Nov 27, 2022 Binance Users Head Out of the Exchange After FTX Collapse
Binance logo

Binance users are massively withdrawing their funds from the platform amid the collapse of the FTX exchange.

Alex Harutunian
Stablecoins   -   Nov 23, 2022 Tether New Attestation of Reserves
Tether New Attestation of Reserves

On November 10, Tether shared its third quarter reserve report, audited by BDO. We did a closer observation of its contents.

Alex Harutunian
Stablecoins   -   Nov 18, 2022 HUSD and USDD Lose Their Peg
HUSD and USDD Lose Their Peg

The FTX crisis, like the fall of Terra, affected a lot of crypto projects, against this background, HUSD and USDD stablecoins lost their binding to the dollar.

Alex Harutunian
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