Tag: stablecoins

Manta Network’s Visionary Campaign: Bridging Worlds in DeFi

Manta Network desires to eliminate the common delays associated with asset withdrawals. The "Blast Off to Manta" campaign is more than just...

Tether and Uzbekistan’s National Agency of Perspective Projects Join Forces

Tether embarked on a groundbreaking journey with the Republic of Uzbekistan by signing a MOU with the NAPP. Uzbekistan strides towards becoming a...

Binance’s Halving Initiatives: Shaping the Future of Cryptocurrency Trading

Binance is launching a pioneering campaign to galvanize participation and investment within its ecosystem. The first, a warm welcome to newcomers with a...

Circle’s Regulatory Move: USDC Withdrawal from Tron Blockchain

Circle has announced its decision to cease support for its USDC token on the Tron blockchain network. USDC stablecoin is the seventh-largest crypto...

The Stablecoin Stability Myth: Debunking Misconceptions and Understanding the Mechanics

Fiat-collateralized stablecoins maintain stability by holding fiat currency reserves in a secure custodian or bank account. Stablecoins have undoubtedly reshaped the landscape of...

Flatcoins: Revolutionizing Stability in Cryptocurrency Amid Escalating Global Inflations

Flatcoins enable improved value retention in a situation of escalating global inflations. The basket of Assets approach relies on a public cost-of-living index...

Société Générale Introduces EUR CoinVertible Amidst Stablecoin Surge

Société Générale, the third largest bank in France, has officially announced the release of EUR CoinVertible. the first euro-pegged stablecoins.  The upcoming Markets...

MAS Propels Singapore’s Crypto Ecosystem with Balanced Regulation

The PSA was an overarching regulatory structure for traditional and crypto exchanges. The MAS promptly issued the Notice PSN02 or Crypto Travel Rule,...

Reopening Pandora’s Box: SEC Launches Another Kraken Laws

The US SEC accused Kraken of operating as an unregistered exchange, broker, dealer, and clearing agency. The first Kraken lawsuit occurred around Q3...

Mastering Crypto Investments: Understanding Market Cap Dynamics

The crypto market cap represents a crucial metric for understanding the value of a digital currency. There are over 26,000 cryptocurrency projects currently,...

The progression of stablecoins over the past decade

Stablecoins are a type of cryptocurrency designed to maintain a stable value, typically pegged to a traditional fiat currency like the US Dollar ...

Binance halts BUSD Support amid increased regulatory scrutiny

The journey to Binance's decision to cease support for BUSD began in February 2023 when the NYDFS ordered Paxos to stop issuing new...

PayPal launches its stablecoin, Paypal USD, pegged to the dollar.

Paypal, a digital payment platform, has just launched its US-dollar-pegged stablecoin dubbed PayPal USD. The company is optimistic that the future will have...

Key takeaways from the Coingecko 2023 Q2 crypto industry report

The average trading volume declined 58.7 percent, from US$33.4 billion in the first quarter to US$13.8 billion in the second quarter. Bitcoin experienced...

The advantages of DeFi over CeFi in financial management

DeFi has made it cheaper, more reliable and more decentralized to handle one's resources without the weight of heavy charges and the involvement...

Africa: stablecoins offer an efficient solution for cross-border remittances

Stablecoins remittances in Sub-Saharan Africa can be up to 20 times cheaper than standard money transfers.