Tag: stablecoins
All news related to cryptocurrencies pegged to other assets, such as the US dollar.
Japan Approves Bill for Stablecoin Regulation
Reading Time: < 1 minuteThe Japanese parliament has just passed a bill aimed at regulating stablecoins in the country following the recent collapse of the TerraUSD stablecoin.
Terra 2.0 Validator: There Might Be an Algorithmic Stablecoin on the Network
Reading Time: < 1 minuteOrbital Command has noted the rollout of the DEX should be followed by the launch of the stablecoin.
Tether Issues a Stablecoin Pegged to Mexican Peso
Reading Time: < 1 minuteTether, the issuer of USDT has launched the MXNT stablecoin, which is pegged to the Mexican peso.
Hashed Has Lost $3.5B Due to Terra Crash
Reading Time: < 1 minuteThe recent collapse of Terra has cost blockchain company Hashed $3.5 billion in losses.
South Korea Files Lawsuit Against Terraform Labs CEO Over UST Collapse
Reading Time: < 1 minuteLKB & Partners, one of the leading law firms in South Korea, is preparing to sue Terraform Labs CEO Do Kwon.
More Whitelisted Members, Wider DEX Integrations, Higher Total Supply – USDD Thrives Alongside Increased and Diversified Reserve Assets
Reading Time: 4 minutesGeneva, Switzerland, 17th May, 2022, Chainwire he TRON DAO Reserve has announced four more major players in the blockchain industry, Amber Group, Poloniex, ANKR, and Mirana following Alameda Research founded […]
The UK Will Not Legalize Algorithmic Stablecoins
Reading Time: < 1 minuteThe UK Treasury plans to include the regulation of stablecoins as a payment mechanism in the Financial Services and Markets Bill.
Terra Investors Are Looking for Project Creator Do Kwon
Reading Time: < 1 minuteAngry investors are wondering where Terraform Labs CEO Do Kwon is and have called for his arrest.
TUSD Announces New Domain Name While Continuing to Be a Top Stablecoin with its Three Core Competencies
Reading Time: 4 minutesSingapore, Singapore, 12th May, 2022, Chainwire TUSD has announced its new domain name from trueusd.com to tusd.io for a cleaner, concise, and more memorable name as it continues to offer […]
Tether CTO: The Company Has No Plans to Hold an IPO
Reading Time: < 1 minuteTether, issuer of the stablecoin with the same name Tether (USDT), is not considering an IPO.
TRON DAO Launches USDD Jointly with Blockchain Leaders
Reading Time: 3 minutesGeneva, Switzerland, 5th May, 2022, Chainwire H.E. Justin Sun, Founder of TRON, has announced the launch of USDD through the TRON DAO Reserve on Thursday, May 5. SunSwap, Uniswap, PancakeSwap […]
TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards from Stablecoin Pool Incentive Program
Reading Time: 3 minutesSingapore, Singapore, 31st March, 2022, – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a […]
Price of Cashio Project Stablecoin Drops Following Hack Attack
Reading Time: < 1 minuteSolana-based protocol Cashio has been attacked, which has made the price of the stablecoin CASH fall to zero.
Swiss City of Lugano Will Allow Bitcoin and USDT Payments
Reading Time: < 1 minuteThe Swiss city of Lugano will make Bitcoin, Tether and the city’s LVGA token “de facto” legal tender.
Circle Hits $9 Billion Valuation Due to Renewed Merger Agreement with SPAC
Reading Time: < 1 minuteCircle has agreed new terms for a reverse merger deal with SPAC Concord Acquisition Corp.
Meta Refuses to Issue its Own Stablecoin
Reading Time: < 1 minuteFacebook, which has recently renamed to Meta, announced in 2019 the development of its own fiat-backed digital currency.
Fed Releases Report on the Risks and Benefits of Stablecoins
Reading Time: < 1 minuteThe Federal Reserve of the United States (Fed) has published a report that examines the threats and impact of stablecoins on US monetary policy and the credit system.
USDC Supply on Ethereum Exceeds USDT for First Time
Reading Time: < 1 minuteThe total supply of stablecoin USD Coin (USDC) from the Center consortium on the Ethereum blockchain has surpassed Tether (USDT) for the first time.
Tether Blocks Address with More Than $1M in USDT
Reading Time: < 1 minuteThe issuer of the stablecoin USDT, Tether, has added to its blacklist an Ethereum address with over $1 million worth of crypto assets.
The Death of the Traditional Savings Account: BitMEX EARN Launches More 14% APR Products for Tether
Reading Time: 2 minutesBitMEX is launching another high-return BitMEX EARN product today following a strong response from its users and the crypto community which saw them become fully subscribed.
US Treasury Releases Report on the Risks of Stablecoins
Reading Time: < 1 minuteThe US Treasury has published a report on the risks associated with stablecoins.
US FDIC May Extend $250,000 Insurance Coverage to Stablecoin Deposits
Reading Time: < 1 minuteCertain stablecoins may be listed on the FDIC’s $250,000 end-to-end coverage.
COTI Plans to Issue “Djed,” the First Algorithmic Stablecoin on Cardano
Reading Time: < 1 minuteCardano founder Charles Hoskinson has unveiled during the Cardano Summit COTI will serve as the official issuer of a new stablecoin based on the Djed stablecoin protocol.
HaloDAO Teams Up with TrustToken to Expand International Stablecoins Marketplace
Reading Time: < 1 minuteHaloDAO has recently announced it has teamed up with stablecoin issuer TrustToken to add support for TAUD, TCAD, TGBP and THKD into its dApp.
Facebook Leaves Diem Behind And Seeks Third-party Stablecoins
Reading Time: < 1 minuteNovi Financial, which is behind the Diem project, is exploring partnerships with third-party stablecoin issuers.

























