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Stablecoins

Huobi Stablecoin HUSD De-pegged From The USD

  Huobi’s HUSD becomes the latest stablecoin to de-peg. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences = {}; ...

Can Traders Still Count On Stablecoins After The Luna Fall?

Stablecoins continue to play a crucial role in the cryptocurrency world. Even though recent incidents affecting Terra/UST, USDD, DEI, and NIRV have shown these...

Should We Still Trust USDT (Tether)?

USDT or Tether is a cryptocurrency in the family of stablecoins. Stablecoins are coins that don’t drop below a certain value, often 1 USD...

Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding

Singapore, Singapore, 20th July, 2022, Chainwire   Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in...

Bank of Russia Is Opposed To The Use Of Privately Issued Stablecoins

The Bank of Russia takes a stance against the use of private stablecoins inside the nation In the latest development of the ongoing conflict between...

USDC Weekly Exchange Outflow Volume Taps 3-Month Low: Glassnode

Glassnode reveals decreased USDC withdrawals. Glassnode Alerts, in a tweet on Monday, reveals that less USDC has been taken off exchanges in recent weeks, noting...

CryptoQuant CEO: ‘Stablecoins On Exchanges Now Worth Half of Bitcoin Reserves, Time To Deploy Stablecoins to Buy BTC’

CryptoQuant CEO Says It’s Time to Buy Bitcoin (BTC) As Stablecoin Volume On Exchanges Surges. window.coinzilla_display = window.coinzilla_display || ; ...

Terra Luna Meltdown: Lessons For The Future Of Stablecoins

The past two weeks have been a rollercoaster for crypto enthusiasts. One of the most praised projects, Terra Luna (Luna hereafter), a platform that...

Treasury Secretary Janet Yellen to Discuss Stablecoin Today Amid TerraUSD (UST) Crash

Janet Yellen, the United States Treasury Secretary, is scheduled to testify later today before the U.S. House Committee on Financial Services.  According to people familiar...