All by tag: Stablecoin

Trading in pairs with BTC and USDT will open on February 28 at 11:00 UTC

According to Jeremy Allaire, banking regulators are more suited for this role

This is the third issue of stablecoins in a month

The company also intends to go public via a merger with a special-purpose acquisition company

98% of the community’s members supported the move to the full collateralization model of the stablecoin

The sharp drop was triggered by a $647 000 market sell order

The Financial Stability Board stated that most of the existing assets do not meet the standards being developed

Hackers managed to withdraw about $9 million

According to experts of the financial conglomerate, stablecoin issuance plays an important role in trading digital assets

The platform is preparing to launch its own stablecoin Curve USD

Marc Zeller, a member of the DeFi protocol community, explained that since new BUSD are no longer being issued, the supply of the asset will trend to zero

The decision comes amid intensified action by the SEC against crypto companies