Fed says, The US economy is at risk from sharp interest rate increase
The Federal Reserve (Fed) of the United States has cautioned that a rise in interest rates and the use of stablecoins could endanger.
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Crypto News
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.
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.
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.
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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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.
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.
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.
Crypto News
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.
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.