Stablecoins
Terra USTC surges 66% following approval to re-peg to $1
The Terra Classic community has passed a proposal to relink LUNA Classic and the de-pegged USTC stablecoin.
Christian Nwobodo 2 min read
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Stablecoins
Finnish fintech Membrance launches Euro-based payment network
Membrance Finance claims EUROe to be Europe's first "EU-regulated full-reserve stablecoin and payment network."
Stablecoins
Four men controlled 86% of Tether shares in 2018
Tether is deeply intertwined with Bitfinex. The two firms have a common CEO, CFO and general counsel, as per a WSJ report.
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Stablecoins
Binance CZ says stablecoin regulation would boost adoption
CZ said on Feb.1 that stablecoins regulation could help accelerate its adoption and commended Hong Kong's "decided approach."
Stablecoins
Cardano stablecoin Djed TVL hits $10M in 24 hours, ADA up 4%
The stablecoin has a circulating supply of 1.7 million, while its reserve token's supply is at 20.8 million, according to data on its official website.
Exchanges
Gemini’s stablecoin loses USD peg amid OKX delisting
The number of active addresses holding GUSD has dropped to a 2020 low, while the stablecoin supply has dropped off in recent months.
Stablecoins
Moody’s eyeing a scoring system for stablecoins
Moody's will reportedly include analysis of 20 stablecoins based on the quality of attestations on the reserves backing them
Stablecoins
COTI’s ‘overcollateralized stablecoin’ Djed set for final release next week
The Djed stablecoin is undergoing chain index syncing — scheduled for completion next week — before it can be rolled out.
Stablecoins
Circle says USDC ‘is a dollar with super powers’ at WEF, pushes for more inclusion
Circle spoke to over a dozen leaders in the World Economic Forum to "reset the crypto narrative with an emphasis on inclusive growth."
