Tag: Stablecoin
Curve Finance Will Redeploy its Stablecoin Due to an Integration Error
Reading time: < 1 minuteThe Curve Finance team has announced the need to redeploy their crvUSD decentralized stablecoin on the Ethereum mainnet.
Curve Finance Releases the Stablecoin crvUSD on its Mainnet
Reading time: < 1 minuteThe developers of decentralized exchange Curve Finance have deployed smart contracts for their decentralized stablecoin crvUSD on the mainnet.
Stellar CEO Calls for Regulation of Stablecoins
Reading time: < 1 minuteIf stablecoins are not regulated in the US this year, the US dollar may be adversely affected, according to Stellar CEO Denelle Dixon.
BUSD Market Cap Decreases by More Than $500M
Reading time: < 1 minuteCryptoQuant has tracked an outflow of over $800 million of BUSD from exchange wallets on Binance in the last 30 days, plus an additional $500 million over the past 24 hours.
Tether: We Have $1.6 Billion in Surplus USDT Reserves
Reading time: < 1 minutePaolo Ardoino has said Tether has increased its excess reserves of USDT to $1.66 billion.
Circle Is Considering Cross River as a Potential Banking Partner
Reading time: < 1 minuteCircle has announced that Cross River Bank is its new commercial banking partner for the production and redemption of USDC stablecoins.
Binance CEO: The Number of Non-dollar Stablecoins Will Expand
Reading time: < 1 minuteChangpeng Zhao has said that increased regulatory oversight in the US highlights the growing need for “stablecoins” without pegging to the US dollar.
Matrixport: The Pressure on BUSD Will Not Affect Other Stablecoins
Reading time: < 1 minuteRegulators are not targeting all stablecoins by cracking down on Binance USD issuer Paxos.
BUSD Outflow Exceeds $360M
Reading time: < 1 minuteA lot of investors have started to massively withdraw capital from BUSD.
The Price of Binance Coin Falls to Lowest Level in a Month
Reading time: < 1 minuteThe decision made by Paxos to stop issuing Binance USD has had a negative impact on the price of Binance’s stablecoin.
