2022 has been an fascinating yr for stablecoin property because the market capitalization of the whole stablecoin economic system misplaced simply over $28 billion in worth. Furthermore, greater than $3 billion has been...
Draft US stablecoin bill would ban new algo stablecoins for 2 years
Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC)...
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain...
Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.In a statement issued Friday,...
Do you have the right to redeem your stablecoin?
Stablecoins are often discussed with regard to their “stability.” It is usually questioned whether a stablecoin is sufficiently backed with money or other assets. Undoubtedly,...
