USDC stablecoin breaks dollar peg following Silicon Valley Bank collapse
The abrupt collapse of Silicon Valley Bank has affected the value of the world’s fifth-largest cryptocurrency, increasing fears of a possible ripple effect among Web3...
Category : Stablecoin
What is Ampleforth?: The Stablecoin With Elastic Supply
Ampleforth is an Ethereum-based software ecosystem that utilizes two types of digital assets, AMPL, a stablecoin, and FORTH, a governance token. Ampleforth doesn’t have a...
FTX Stablecoin Reserves Dwindle After Binance Promises to Sell FTT
Crypto exchange FTX is rapidly losing stablecoin liquidity after Binance CEO Changpeng Zhao (CZ) announced his company’s full exit from its FTT position on Sunday....
HUSD ‘Stablecoin’ Plunges to $0.3 Following Huobi Delisting
Huobi’s native stablecoin – HUSD – lost its parity with the American dollar and tumbled by nearly 70% after the exchange delisted the asset last...
FTX Working on Stablecoin Launch: What Does it Mean for The Industry?
FTX’s CEO publicly confirmed his intentions to launch a cryptocurrency stablecoin.Cryptocurrency exchange FTX has been making constant investments into the cryptocurrency business since it started...
Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis
A new study shows that over 18% of all crypto received by Eastern Europe comes from addresses associated with risky or illicit activity, far more...
