All by tag: Stablecoin

The asset will be fully backed by the fiat dollar and meet all regulatory requirements

Representatives of the issuer noted that stablecoins are fully secured by liquid reserves

The stablecoin is fully backed by highly liquid assets

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