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Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
Bitcoin News

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

May 16, 2022May 16, 20225 min read

On May 13, Circle’s chief monetary officer Jeremy Fox-Geen revealed a weblog publish referred to as “How to Be Stable,” following the aftermath of Terra’s

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Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears
Bitcoin News Cryptocurrency

Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

May 13, 2022May 13, 20223 min read

According to statistics on Friday, May 13, the highest stablecoins by market capitalization are at the moment price $163.7 billion after the stablecoin economic system

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Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
Bitcoin News

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

April 21, 2022April 21, 20224 min read

On April 21, Justin Sun, the founding father of Tron, introduced the launch of a decentralized algorithmic stablecoin referred to as USDD. Sun stated on

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Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs
Bitcoin News

Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs

April 20, 2022April 20, 20223 min read

The decentralized finance (defi) challenge Makerdao has introduced its plans to help the zero-knowledge (ZK) rollup answer Starknet with a purpose to make DAI transactions

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Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
Bitcoin News

Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

April 18, 2022April 18, 20222 min read

The algorithmic stablecoin stemming from the Terra (LUNA) community has change into the third-largest stablecoin token when it comes to market capitalization at $17.54 billion.

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Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
Bitcoin News

Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

April 11, 2022April 11, 20222 min read

The stablecoin economic system has grown over the last month because the market capitalization is now solely $10 billion away from reaching the $200 billion

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Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
Bitcoin News

Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale

March 20, 2022March 20, 20224 min read

On March 16, the protocol engineer at Makerdao and co-founder of the software program and design agency Bellwood Studios, Hexonaut, introduced a proposal to make

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Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
Bitcoin News

Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance

March 15, 2022March 15, 20223 min read

Another decentralized finance (defi) protocol was breached this week after it was found {that a} hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance.

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Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
Bitcoin News

Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days

March 15, 2022March 15, 20223 min read

During the final 12 months the stablecoin financial system has grown huge and the present valuation at this time is barely $13 billion away from

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Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
Bitcoin News

Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg

February 23, 2022February 23, 20223 min read

The Luna Foundation Guard (LFG) has raised $1 billion in a non-public token sale to permit the group to safeguard the peg of UST, Terra’s

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