Lawmaker: Hong Kong Dollar Can be Issued as a Stablecoin
Hong Kong lawmakers suggested that the digital Hong Kong dollar could be developed into a stablecoin issued by the government and connected to DeFi.
Hong Kong lawmakers suggested that the digital Hong Kong dollar could be developed into a stablecoin issued by the government and connected to DeFi.
Since the collapse of FTX, users of centralized exchanges withdrew more than nineteen billion dollars worth of bitcoin, ether, and stablecoins.
Detractors of Waves have called the project the next LUNA after its stablecoin USDN de-pegged from $1. Read CNL.
Binance has recently witnessed huge withdrawals from users who may have been worried about the exchange’s solvency. However, a look into cold wallets managed…
The CEO of the biggest crypto exchange in the world and a Tether representative became concerned that SBF was attempting to destabilize the stablecoin.
The stablecoin of crypto exchange Huobi has lost its peg after the company announced to delist it. Read CNL to learn more.
Report from Arcane Research shows stablecoin USDC to be the top soon. USDC’s growth rate increased by 70%, while USDT is down by 28.7%….
Paolo Ardoino said hedge funds are shorting USDT with the hopes of recreating TerraUSD’s demise. He asserts USDT is 100% backed by the company’s…
Issuer of USDC, Circle, will launch a new stablecoin called Euro Coin (EUROC) EUROC will be officially launched on June 30th. Developers can now…