Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token
The stablecoin HUSD, initially related to the crypto trade Huobi Global, misplaced its peg with the U.S. greenback on Wednesday, August 17, and it dropped...
Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value
2022 has been the yr of damaged stablecoins as a myriad of dollar-pegged crypto belongings depegged from their greenback worth this yr. On August 14,...
Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil
Picpay, a funds and pockets app, is now offering cryptocurrency providers to greater than 30 million customers in Brazil. The firm, that had introduced this...
Bitpay Reveals Prepaid Cardholders Can Get as much as 15% Cash Back Rewards by way of Select Retailers
The Atlanta-based crypto fee providers firm Bitpay has introduced that Bitpay’s pay as you go cardholders are eligible for money again rewards in the event...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
On Wednesday, Galoy, the agency behind El Salvador’s Bitcoin Beach Wallet, introduced that the corporate raised $4 million in funding in an funding spherical led...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
On August 2, the Atlanta-based crypto cost companies supplier Bitpay introduced that it has expanded its crypto asset help with two totally different crypto belongings....
The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020
While the stablecoin economic system is value roughly $153 billion at this time, euro-backed stablecoin issuance has elevated 1,683% from $31.9 million value of euro-based...
Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
On Sunday, the non-custodial market protocol Aave introduced that the Aave DAO has authorized a brand new stablecoin for the ecosystem referred to as “GHO.”...
Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
While there’s 50 days left till the week of September 19, the crypto neighborhood has been discussing whether or not or not Ethereum builders will...
Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
During the final month, the stablecoin economic system’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The prime...