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Paxos Gains Approval to Bring Regulated Stablecoin to Solana
Stablecoin issuer Paxos has received regulatory approval to expand its dollar-pegged token, USDP, to the Solana blockchain. The move is set to launch on January 17, 2024, according to the details shared exclusively with Fortune. Paxos gains NY approval to launch the USDP stablecoin on Solana. Seen as a major coup amid the battle with......
Circle Expands Euro Stablecoin to Solana
Stablecoin issuer Circle announced Monday that its euro-backed stablecoin, EURC, is now live on the Solana blockchain. The move marks the latest expansion for Circle as the firm seeks to drive mainstream global usage of stablecoin. Launched in June 2022, EURC aims to bridge the gap between government-issued money and blockchain networks. The euro stablecoin......
Binance To Compensate Users After Euro Stablecoin AEUR’s Abrupt Price Spike
Cryptocurrency exchange Binance announced a compensation plan for traders affected by sudden volatility in its euro-pegged stablecoin AEUR. The incident occurred early on December 6th, when AEUR experienced a 200% price surge. The sudden surge decoupled its price from the intended 1:1 backing with the euro. Binance suspended AEUR trading pairs within hours to stabilize......
Fed Official Calls for Stablecoin Regulation, No Imminent CBDC Decision
Top Federal Reserve supervision executive Michael Barr said Friday that stablecoins require strong oversight to avoid risks. However, he noted the Fed remains undecided on pursuing a central bank digital currency (CBDC). In remarks at a Washington, D.C., conference, Barr stated: Stablecoins "borrow the trust" of fiat currencies and need regulation to prevent stability and......
Stablecoins Market Cap
What are stablecoins? Learn the types of stablecoins, how they work, most popular stablecoin, how safe they are, and how to earn interest on stablecoins....
Arbitrum’s Stablecoin Is Now LIVE and Ready To Onboard The Masses
GM DOers! 🚀Arbitrum is now enjoying the perks of native USDC. 🚀But to understand what that means and why it matters, we need to talk about bridges. 🌉Just as your aunt’s laptop, secured with her cat’s name as a password, is prone to being hacked, so are the bridges in the world of crypto (PSA:......
Best Stablecoin Lending Platforms For 2025
Here's everything you need to know about lending stablecoins for interest like USDC, USDT, and DAI....
MR PRO | How Stable Are Stablecoins? Decoding Crypto’s Safe Haven
GM DOers!Stablecoins are the killer app of blockchain technology so far. 🚀More than 120 Million Unique wallets have interacted with a stablecoin since their inception. 🤯As you can see, the growth in this sector has been exponential, and most of it has occurred in just the last 3 years.In 2019, the stablecoin total supply surpassed......
Curve Releases Stablecoin Whitepaper – crvUSD On The Way?
DeFi protocol Curve has released its stablecoin whitepaper via GitHub today, at last providing some more details on their long-awaited stablecoin, suspected to be named crvUSD. The whitepaper includes new insight into a brand new innovation known as “lending-liquidating AMM algorithm” or “LLAMMA” – a mechanism designed to improve upon the clunky liquidation mechanisms of stablecoin competitors. Many questions......
Compound to Offer Stablecoin Crypto Loans to Institutions
Key Takeaways: Compound will offer stablecoin loans to institutions, with Bitcoin, Ethereum, and some other ERC-20 assets accepted as collateral. The endeavor comes as institutions and financial organizations continue to chase liquidity. Just recently, Coinbase offered to pay 1.5% interest on $528 million of MakerDAO's PSM. Major DeFi lending protocol Compound aims to stretch out its lending......
