Kategori: Stablecoins

Fintech Firm Galoy Raises $4 Miljon, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

On Wednesday, Galoy, the firm behind El Salvadors Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a......

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% från $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 miljon. Since November 2021, the number of euro stablecoins swelled by......

Enkät som frågar om sammanslagningen kan orsaka en splittring av Ethereum-kedjan gnistor PoS-fördröjningsdiskussioner

När du var där’s 50 dagar kvar till veckan i september 19, kryptogemenskapen har diskuterat huruvida Ethereum-utvecklare kommer att försena det inskrivna datumet för The Merge. Dessutom, i juli 27, kryptohedgefonden Galois Capital publicerade......

Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Miljoner kunder

Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto......

100-År gammal Pennsylvania-baserad bank godkänd för att utnyttja Makerdaos Stablecoin-valv

Makerdao, den decentraliserade autonoma organisationen (DAO) som ger ut stablecoin DAI, godkände ett styrningsförslag som ger “integrering av säkerheter från en USA-baserad bank.” Makerdaos styrelseförslag antogs med en majoritet på mer än 87%, och det ger USA.......

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

On July 8, 2022, the company behind the largest stablecoin in the world, Tjudra, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation causedno losses to Tether.According to the stablecoin issuer, the......

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCBs subsidiary, New York Community Bank, will become a custodian for the companys stablecoin reserves. Circle Partners......

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. i alla fall, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since......

A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens

According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal calledTerra Ecosystem Revival Plan......

Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims

Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to......