Stablecoins
Djed emerges as a Cardano stablecoin following public testnet launch
Djed, an algorithmic stablecoin pegged to the Shen token, has launched its public testnet in preparation for mainnet launch in June this year.
Samuel Wan 3 min read
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After UST’s success, a new race for L1 stablecoins is here
The algorithmic stablecoin TerraUSD (UST) has proven to be wildly successful, becoming the third largest in the market. This has changed the playing filed for all.
Stablecoins
We are ready for a bank run says Tether CTO Paolo Ardoino
Tether simulates the 2008 economic crisis to asses what a bank run on the Tether portfolio would look like.
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Critics say algorithmic stablecoins are ‘disaster waiting to happen’
Algorithmic stablecoins looking to imitate the security of the dollar have recently been branded by critics as ticking time bombs.
Payments
Stripe begins roll out of crypto payout option for Twitter creators
Stripe is giving select Twitter creators access to crypto payouts in USDC via its Connect app as the first phase of a wider expansion of crypto payment options.
Stablecoins
Gold-backed digital assets outperform Bitcoin, Ethereum
PAXG has risen by 7.4% in 2022, while its closest competitor, XAUT, has increased by 8.5% within the same period.
Stablecoins
Terra’s UST is now the third most valuable stablecoin
Terra’s UST trading volume pales significantly against its other rivals in the space.
Stablecoins
Inflation-linked stablecoin from Frax Finance is a big deal, here’s why
Frax Finance brings innovation with a CPI-linked stablecoin designed to protect purchasing power. But can it work effectively in practice?
Stablecoins
Tether (USDT) and USDC stablecoins are being launched on the Cardano blockchain
Stablecoins have been in the cryptocurrency market since the launch of Tether, but no stablecoins have existed on the Cardano blockchain until now.
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Stablecoins
Tether plans to reduce commercial debt holdings in its reserve, goes live on Kusama
Stablecoins
Circle to raise $400M in BlackRock-led funding round
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DeFi
TiTi Protocol secures $3.5 million to build the first use-to-earn algorithm stablecoin
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