Category: collateral
Auto Added by WPeMatico
Decentralized stablecoins could dominate crypto: MakerDAO founder
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.
Stablecoin survival: Navigating the future amid global de-dollarization
The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
Powered by WPeMatico
Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT.
Powered by WPeMatico
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident
Powered by WPeMatico
Frax Finance to retire algorithmic backing amid stablecoin crackdown
The vote was passed to fully collateralize Frax Finance’s native stablecoin, thus phasing out its algorithmic backing.
Powered by WPeMatico
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
Powered by WPeMatico
Crypto-friendly bank ends loans backed by crypto mining rigs
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022.
Powered by WPeMatico
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
Powered by WPeMatico
Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients
Powered by WPeMatico