Stablecoins News

This is the first time since the collapse of Terra's UST that Cosmos will have a native stablecoin issued on the blockchain.

The vulnerability was detected by crypto sleuth Scam Sniffer, who claims over 34,000 addresses are at risk.

Centi said that the Centi Franc Stablecoin will serve as the "basis" for its blockchain-based Global Payment Network.

Kaiko's director of research Clara Medalie said the zero-trading fee option helped improve Binance's market share by 20% within eight months.

The hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.

Circle said the Euros-pegged stablecoin EUROC could become a compliant e-money under Europe's Markets in Crypto-Assets (MiCA) regulations.

Djed's stability during recent turbulence prompted DeFi protocols to request the stablecoin go multichain.

USDT's supply has grown by more than 10% in the last 30 days to $76.97 billion, according to CryptoSlate data.

Mastercard will reportedly power the card for Australian stablecoin firm Stables, as announced by Marqeta in a March 20 press release.

The sharp drop in demand has been followed by an uptick in demand for other stablecoins, like USDT.

Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply.

Meanwhile, Circle's USDC stablecoin maintains $1 peg despite recent banking contagion and widespread fear in the banking sector.

An executive vote is required before the change is deployed to the DAI protocol.

The scam attempts to capitalize on USDC's post-depeg recovery.

“Trust, safety, and 1:1 redeemability of all USDC in circulation is of paramount importance to Circle," CEO Jeremey Allaire said.

Tether USDT's supply has grown by 10% in the current year while USDC, BUSD, and DAI supplies shrank.

According to new data from Blockworks, Tether has upped its market share of the stablecoin market to 56.4%, its highest point in 18 months.

Transparency International named 8 Russian crypto exchanges willing to facilitate anonymous crypto for cash trades in London.