Crypto News

Founder Justin Sun says TRON will launch a $10 billion crypto-backed stablecoin in May

According to inventor Justin Sun, TRON wants to introduce its own algorithmic stablecoin named USDD, or decentralized USD, on May 5. The 31-year-old.

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Crypto News

Meta is rumored to be interested in selling the Diem Stablecoin project and assets

Bloomberg reports that Meta is looking to sell its Diem stablecoin project. The monies will be used by the company to repay investors.

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Crypto News

Tether is flipped on the Ethereum network by USDC

Circle’s USD Coin (USDC) has surpassed Tether (USDT) in total supply on the Ethereum network, marking a huge milestone. As of this writing,.

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Crypto News

Hong Kong has started talks about establishing a stablecoin regulatory framework

The Hong Kong Monetary Authority (HKMA), Hong Kong’s central bank. It has launched a survey to measure public opinion on crypto-asset and stablecoin.

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Crypto News

PayPal is said to be exploring the possibility of launching a stablecoin

PayPal Holdings, an American fintech behemoth, has apparently confirmed its intention to establish its own stablecoin, PayPal Coin. Developer Steve Moser first spotted.

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Crypto News

UST and MIM are “solid Ponzis” that will go to zero, according to a Maker co-founder

Rune Christensen, one of the co-founders of the company that created and developed DAI, a decentralized stablecoin, has singled out two competitors. Christensen.

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Crypto News

JPMorgan Chase Ramps Up Blockchain Hiring Amid Growing Focus on Crypto and Onyx Business

JPMorgan Chase, one of the world’s largest investment banks, is intensifying its blockchain hiring efforts, signaling its growing focus on cryptocurrency and blockchain.

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Crypto News

El Salvador Plans National Cryptocurrency “Colon Dollar” Amid Ongoing Regulatory Developments

The government of El Salvador is gearing up to launch its own national cryptocurrency, the “Colon Dollar,” aimed at facilitating everyday transactions and.

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Crypto News

Citi Group Establishes Digital Assets Group to Expand Cryptocurrency Access

In a significant move to embrace the cryptocurrency market, Citi Group has announced the formation of a Digital Assets Group within its Wealth.

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Press Release

ParaState intends to make all blockchains Ethereum-compatible

Ethereum aims to serve as a general-purpose computing platform, unlike its predecessors. Moreover, Ethereum can entirely make new forms of applications possible. However,.

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