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Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro
Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro
Major stablecoins reacted to FTX saga by temporarily losing their peg. No major losses so far.
The euro-backed stablecoin will launch on Solana in the first half of 2023, Circle reported.
This year was an eventful year in the world of crypto. In particular, the collapsed Terra and FTX crisis affected the entire crypto market, and again attracted the attention of regulators to crypto and stablecoins. Stablecoins are valued for their technological features, while, at the same time, maintaining a stable
Alex HarutunianThis year was an eventful year in the world of crypto. In particular, the collapsed Terra and FTX crisis affected the entire crypto market, and again attracted the attention of regulators to crypto and stablecoins. Stablecoins are valued for their technological features, while, at the same time, maintaining a stable
Alex HarutunianMajor stablecoins reacted to FTX saga by temporarily losing their peg. No major losses so far.
Alex HarutunianThe euro-backed stablecoin will launch on Solana in the first half of 2023, Circle reported.
Alex HarutunianNEAR Foundation will help to safely stop the operation of a stable USN coin. The project ceases its operations due to insufficient provision of stablecoin and high risks.
Alex HarutunianAt the end of October, Huobi announced the exclusion of the HUSD stablecoin from its listing, after which the stablecoin quickly began to lose its peg to the dollar. The exchange's headquarters will also be relocated to the Bahamas.
Alex HarutunianTogether with Holepunch and Synonym, Tether will launch a P2P сredit system, Pear Credit, in 2023.
Alex HarutunianAs we wrote earlier, the creator of Terra, Do Kwon, was put on the international wanted list by Interpol thanks to the South Korean authorities. Also, by order of the Ministry of Foreign Affairs of South Korea, Kwon had to hand over his Korean passport. Recently it became known that
Alex HarutunianA full-page bleed ad of Circle, the largest stablecoin issuer, appeared in the latest Economist volume. The image depicts the U.S. Seal part of the one-dollar bill combined with USDC die cast seal designed by Mark Grambau. The advertising is matched with a large article about recent elections in
Alex Harutunian