stablecoins | ForkLog

ForkLog 9 16.06.2023

DAI overtakes BUSD in the stablecoins ranking

Binance USD (BUSD) market capitalization fell to $4.35 billion. In the stablecoins ranking, the asset ceded third place to DAI ($4.39 billion).

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ForkLog 9 15.06.2023

Arbitrageurs Take Advantage of USDT Depegging

The USDT stablecoin from Tether deviated from parity with the US dollar. The coin's weighted average price fell to 0.995 (CoinGecko).

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ForkLog 14 13.06.2023

CEO Circle to urge US Congress to pass stablecoin law

CEO Circle Jeremy Allaire: passage of the stablecoin law would support the dollar's competitiveness.

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ForkLog 7 09.06.2023

US House Committee Unveils Updated Stablecoins Bill

The US House Financial Services Committee published the third version of the stablecoins regulation bill.

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ForkLog 7 08.06.2023

Curve Finance enables crvUSD issuance backed by wstETH

The decentralized exchange Curve Finance added support for Lido's wrapped version of stETH as collateral for the issuance and borrowing of the stablecoin crvUSD.

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ForkLog 9 07.06.2023

Reserve Bank of Australia signals a more prominent role for stablecoins in the economy

Stablecoins have the potential to occupy a more prominent role in the financial system. This is stated in the Reserve Bank of Australia (RBA) bill regulating crypto exchanges, custodial services and the issuance of "stablecoins".

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ForkLog 9 03.06.2023

USDT market capitalisation hits an all-time high

USDT's total market capitalization reached a new high of $83.4 billion. The previous peak was recorded in May 2022.

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ForkLog 9 01.06.2023

Circle launches USDC on Arbitrum network

Circle, a member of the Centre consortium, planned to launch the USDC stablecoin on the Layer-2 Arbitrum network on June 8.

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ForkLog 11 01.06.2023

Hong Kong custodian to launch dollar-pegged stablecoin

The Hong Kong-based custodian and trust company First Digital announced plans to launch First Digital USD (FDUSD) — a dollar-pegged stablecoin.

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ForkLog 8 29.05.2023

Rising economic uncertainty strengthens Tether at USDC’s expense

USDC's share over the past year declined from 34.9% to 23.1%, while Tether's share rose from 47% to 65.9%. CoinGecko reports these figures.

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ForkLog 14 28.05.2023

Block Analitica proposes raising the DAI savings rate for MakerDAO

Block Analitica proposed to the MakerDAO community to raise the yield on DAI locked in the platform's smart contracts to 3.33% per year.

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ForkLog 13 25.05.2023

Circle launches euro-pegged stablecoin Euro Coin on Avalanche

Circle launched the euro-pegged stablecoin Euro Coin (EUROC) on the Avalanche network.

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