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Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s … Read more
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022. Go to Source Powered by WPeMatico
The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far. Go to Source Powered by WPeMatico
“Europe’s upcoming crypto-assets policy framework will be to crypto what GDPR was to privacy,” says Circle chief strategy officer Dante Disparte. Go to Source Powered by WPeMatico
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners With New York Community Bancorp On Tuesday, Circle announced that it is collaborating with … Read more
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future. Go to Source Powered by WPeMatico
LUNA2 may have bottomed in June but who just who is buying this controversial token? Go to Source Powered by WPeMatico
Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi. Go to Source Powered by WPeMatico
Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph. Go to Source Powered by WPeMatico
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes. Go to Source Powered by WPeMatico