Tag: Stablecoin

Sasha Ivanov, founder of Waves, has announced the development of a new stablecoin after the depeg of the Neutrino Dollar (USDN). 

Sen. Pat Toomey has introduced new crypto legislation that will guide congress on its future path toward sensible regulations of stablecoins

A new legislation, titled “Financial Innovation for Investment and Social Economic Development,” has been passed by authorities in San Luis which can be seen as a significant step toward the region’s road to digitization.  The bill intentends to use blockchain technology for the improvement of San Luis. The terms “financial innovation” and “social, economic, cultural, […]

The United Nations High Commissioner for Refugees (UNHCR) has decided to utilize the Stellar blockchain to send aid to Ukraine

Jewel Bank announced that it would be creating a fully backed stablecoin to be known as Jewel USD (JUSD) on the Polygon blockchain.

Fed Advisor, Antoine Martin says stablecoins may be a shortcut for the central bank of nations that intend to roll out their CBDC

HKMA has published a 22-page research study on the impact of cryptocurrency on fiat currencies with a focus on stablecoins

Emurgo, the commercial arm of the Cardano blockchain is set to launch the first stablecoin dubbed USDA on the Cardano network

Tether said that it has completely cut down the use of commercial papers in its reserve and has started investing in the U.S Treasury Bills

The Amulet mainnet launch has officially been scheduled for 29th September, 2022. The team unveiled Amulet back in April along with the announcement pertaining to the seed funding round which amounted to $6 million being raised. In August, the team had successfully launched the AmuNation app, gamified bounty, the testnet, and the audit report has […]

The US Judge presiding over the lawsuit that alleges Tether shared false information to inflate the price of Bitcoin, has ordered the stablecoin issuer to produce essential financial documents to prove the 1:1 dollar backing of its eponymous stablecoin USDT. According to the court order, Judge Katherine Polk Failla affirmed Plaintiff’s request for essential documents […]

Australia liberal Senator, Andrew Bragg has announced a proposed bill to crack down on crypto exchanges, stablecoins, and digital yuan.  Senator Bragg disclosed that “Australia must keep pace with the global race for regulation on digital assets” because “the parliament must drive law reform” regarding the situation. The proposed bill drafted by the liberal politician, […]

Russian businessman and ex-banker, Alexander Lebedev has announced his intention to launch a ruble-pegged stablecoin based on the DAI model on Ethereum through the InDeFi platform.  Following the Blockchain life conference held earlier this week in Mexico, the former Russian National Standard Bank owner and Garantex CEO, Sergey Mendeleev disclosed their intention to commence a […]

The issuer of the largest stablecoin Tether Holdings Limited has responded to a Wall Street Journal’s recent article regarding the firm’s balance sheet. According to an earlier Wall Street Journal (WSJ) article, a further 0 3% fall in assets would mean the stablecoin issuer is technically insolvent.  This conclusion was reached after referencing the firm’s […]

Tether, the issuer of the largest stablecoin, USDT, says it will not blacklist smart contract addresses unless requested by the Treasury Department. The statement is believed to be a response to an earlier article from the Washington Post. The article suggested that the stablecoin issuer might be violating the recent sanctions targeted at Tornado Cash. […]

As one of the most forward-thinking regulators in the world, the Monetary Authority of Singapore (MAS) is on track to consult with the public regarding the regulations of stablecoins in the country.  This revelation was made by Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS, who was grilled by lawmakers on the state […]

Geneva, Switzerland / July 27 / – TRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that purpose over the last five years. For most blockchains, decentralization is a central theme. It’s a form of administration that delegates power to individuals; as a result, […]

Geneva, Switzerland / July 21 / –  The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON. The USDD stablecoin is currently the most over-collateralized stablecoin across the entire cryptocurrency market. The core mission of USDD is to provide the blockchain world […]