stablecoins | ForkLog

ForkLog 19 11.01.2024

Aave Community Backs Integration of PayPal’s PYUSD Stablecoin

99.99% of voters supported the integration of PayPal’s PYUSD into the DeFi platform Aave’s pools, achieving the necessary quorum. The initiative was overwhelmingly backed. Source: Aave. The vote commenced on December 18 and will conclude on January 11 at 8:21 UTC. The initiative followed a December decision by the decentralized exchange Curve to list PYUSD. […]

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ForkLog 23 29.12.2023

China’s authorities warn against using USDT

The Supreme People's Procuratorate of China issued a notification in which it deemed the use of USDT in cross-border currency operations illegal.

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ForkLog 5 27.12.2023

Tether mints $1 billion USDT as ‘inventory’ reserves

On December 24, Tether minted an additional $1 billion in USDT stablecoins on the Ethereum network.

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ForkLog 18 22.12.2023

Paxos to Launch USDP Stablecoin on Solana Network

The infrastructure blockchain company Paxos announced the launch of the 'stablecoin' USDP on the Solana network from 17 January 2024.

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ForkLog 10 19.12.2023

Experts name the main driver of the rally in the cryptocurrency market

The recent rebound in the cryptocurrency market is not directly tied to inflows from outside funds. This conclusion was reached by Sixdegree Lab analysts based on analysis of the stablecoins segment.

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ForkLog 16 18.12.2023

Circle adds Solana support to EURC stablecoin

Circle added Solana support for its euro-denominated EURC stablecoin.

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ForkLog 28 18.12.2023

Tether reaffirms commitment to cooperating with law enforcement

Tether published two letters to U.S. lawmakers, stating its commitment to fighting illicit use of the USDT stablecoin.

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ForkLog 23 15.12.2023

Creators of first hryvnia-pegged stablecoin to run 300,000 UAHg bounty on WhiteBIT

Emittance Corporation launched the UAHg stablecoin pegged to the Ukrainian hryvnia at a 1:1 ratio.

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ForkLog 10 14.12.2023

DWS, Galaxy Digital and Flow Traders to launch euro-denominated stablecoin

The Deutsche Bank-founded DWS Group, market maker Flow Traders and Mike Novogratz's Galaxy Digital will join forces to launch a euro-denominated stablecoin.

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ForkLog 36 14.12.2023

Bitwise: Bitcoin to hit $80,000 in 2024 after ETF approval

Bitwise: Bitcoin to hit a new all-time high at $80,000 in 2024 thanks to the halving and spot ETF approval.

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ForkLog 19 07.12.2023

Bitstamp lists EUR CoinVertible stablecoin from Societe Generale

On the Luxembourg-based Bitstamp exchange, the EUR CoinVertible stablecoin was listed. Its issuer is the third-largest bank in France, Société Générale.

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ForkLog 10 06.12.2023

AEUR stablecoin loses euro peg before Binance trading halt

On December 5, the price of the Anchored Coins Euro (AEUR) on the Binance exchange suddenly began to rise and reached $3.25.

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