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Home » stablecoin

Browsing: stablecoin

Lawmaker: Hong Kong Dollar Can be Issued as a Stablecoin

by Godfrey Mwirigi - January 5, 2023

Hong Kong lawmakers suggested that the digital Hong Kong dollar could be developed into a stablecoin issued by the government and connected to DeFi.

$19B in BTC, ETH, and Stablecoins Left Exchanges in 51 Days

by Godfrey Mwirigi - December 28, 2022

Since the collapse of FTX, users of centralized exchanges withdrew more than nineteen billion dollars worth of bitcoin, ether, and stablecoins.

Waves Dubbed “Next LUNA” After Stablecoin Depegs From $1

Waves Dubbed “Next LUNA” After Stablecoin Depegs From $1

by Jesus Dawal Jr. - December 20, 2022

Detractors of Waves have called the project the next LUNA after its stablecoin USDN de-pegged from $1. Read CNL.

Binance Cold Wallets Show $62 Billion Amid User Withdrawals

by Jesus Dawal Jr. - December 13, 2022

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…

Crypto-Abuzz-as-SBF-Makes-“Worst-Is-Over”-Remark

To Save FTX, SBF Tried to Destabilize the Crypto Market

by Godfrey Mwirigi - December 11, 2022

The CEO of the biggest crypto exchange in the world and a Tether representative became concerned that SBF was attempting to destabilize the stablecoin.

Huobi’s-HUSD-Depeggs-After-Firm-Delists-the-Stablecoin

Huobi’s HUSD Depeggs After Firm Delists the Stablecoin

by Bryan Yanzon - October 31, 2022

The stablecoin of crypto exchange Huobi has lost its peg after the company announced to delist it. Read CNL to learn more.

New-Data-Shows-USDC-To-Surpass-USDT-as-Top-Stablecoin

New Data Shows USDC To Surpass USDT as Top Stablecoin

by Bryan Yanzon - July 30, 2022

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%….

Tether Being Shorted by Hedge Funds, CEO Speaks Up

by Jesus Dawal Jr. - June 27, 2022

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…

USDC-Issuer-Circle-to-Launch-Euro-Backed-Stablecoin-EUROC

USDC Issuer Circle to Launch Euro-Backed Stablecoin EUROC

by Bryan Yanzon - June 17, 2022

Issuer of USDC, Circle, will launch a new stablecoin called Euro Coin (EUROC) EUROC will be officially launched on June 30th. Developers can now…

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