All by tag: Stablecoin

The organization spent ~$2,8 billion to save the algorithmic stablecoin

Representatives of the issuer of the stablecoin noted that the integration will allow crypto companies to attract users of traditional finance

Users accuse Sam Bankman-Fried of causing chaos in the market

There is currently nearly $70 billion in USDT in circulation

The company’s CTO Paolo Ardoino said that CoinGecko’S data about a 3% decrease in the asset’s rate is unreliable and is the result of a system failure

31,32% of the stablecoin collateral is backed by tokens of the FTX crypto exchange

The expert believes that BTC is ready to rise to $26 000 under certain conditions

FTX crypto exchange will support deposits, withdrawals, and trading of EUROC on the network at launch

About 20% of the collateral will remain in the partner banks to preserve the ability to exchange stablecoin around the clock

The withdrawal of support for its own stablecoin by the Huobi exchange led to the collapse of the asset

The day before, he wrote on his Twitter page that he was being persecuted by the CIA and Mossad

So far, further details about the development of the token remain unknown