In response to the "Terra/LUNA collapse,” South Korean regulators claim they would take action to control stablecoins.
According to ZDNet Korea, the regulatory Financial Supervisory Service (FSS) has noted that the…
Interlay, a blockchain startup based in London, recently launched a Bitcoin (BTC)-based cross-chain bridge on the Polkadot (DOT) blockchain.
The bridge, known as interBTC (iBTC), enables the usage of Bitcoin on…
Meta Platforms is one of the long-living tech companies that has been aggressively entering the Web 3.0 space. It tried to become a leader in various technologies by throwing every…
Japan indicates that stablecoin issuers in the country will need to come from a small clutch of issuers and it will require certain standards for the protection of investors, especially…
MoneyGram International, the largest remittance provider in the U.S. is attempting to broaden the adoption of cryptocurrencies.
Tether, the company that issues the supposedly backed dollar-based stablecoin USDT, claims that it had reduced the amount of commercial paper in the reserve backing its USD$74 billion token.
Over the weekend, a swift selloff in both UST and Bitcoin saw the UST’s peg slip to its lowest level in almost a year,
The rise of major cryptocurrencies such as Bitcoin and Ethereum has given rise to centralized, collateralized stablecoins as the intermediary of transactions, with USDT and USDC as the representatives.
They play…
H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its…
An algorithmic stablecoin known as Neutrino that is associated with the Waves blockchain lost its peg to the dollar this week after the price of its underlying token took a…