Terra (LUNA) is down 60% as the UST “Stablecoin” falls below $0.7.
Terra’s LUNA fell as low as $23.50 early today on the Binance platform before reclaiming some ground. Around the time of writing, the.
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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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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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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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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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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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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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Santiment, Analytics Firm Notes Over $1,200,000,000 Worth of Stablecoins Deposited to Exchanges
Blockchain analytics firm Santiment confirms how crypto exchanges are seeing the largest hourly inflow of stablecoins. Of course, this year despite the recent.
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JPMorgan, US megabank, looking to employ more blockchain experts.
JPMorgan Chase, a major American investment bank, is ramping up its blockchain hiring by advertising new blockchain-related job openings. New Job Openings JPMorgan.
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El Salvador has Plans to Issue Its Own Stablecoins.
El Salvador’s government is planning to establish a national cryptocurrency. Therefore, for people to use to pay for services, according to El Faro,.