stablecoins | ForkLog

ForkLog 9 25.05.2023

Not Just USDT: Tether Explores New Lines of Business

High profitability enables the issuer of the stablecoin Tether to pursue new lines of business, The Block reported, Paolo Ardoino, the company's CTO.

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ForkLog 25 18.05.2023

Ripple launches platform for issuing CBDCs and stablecoins

The fintech startup Ripple announced the launch of Ripple{{AOPEN_1}} CBDC{{ACLOSE_1}} Platform — a comprehensive solution for central banks, governments and financial institutions for issuing a national digital currency and "stablecoins".

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ForkLog 11 18.05.2023

USDC issuer channels $8.7 billion into repos as a hedge against a US default

Circle, the issuer of USD Coin (USDC), transferred $8.7 billion into the stablecoin's collateral from T-Bills maturing after May 31 into an overnight repo.

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ForkLog 22 18.05.2023

crvUSD, GHO and DAI: Is there a future for decentralized stablecoins?

Stablecoins account for a lion's share of exchange trading volumes; they play a key role in the rapidly developing decentralized finance.

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ForkLog 11 11.05.2023

EU proposes giving central banks the power to ban stablecoins

Central banks should have the power to curb the broad deployment of large stablecoins if regulators deem them to affect the goals of public policy. This statement was made by the chair of the EBA, José Manuel Campa.

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ForkLog 8 11.05.2023

Circle increases stake in US Treasury bills amid US default risk

The issuer of USD Coin (USDC), Circle, revised the collateral structure of the stablecoin in favour of short US Treasury bills to mitigate potential technical default risk.

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ForkLog 6 11.05.2023

Tether posts $1.48 billion in net profit in Q1

The issuer of the stablecoin USDT, Tether Limited, for the January–March period recorded net profit of $1.48 billion — a figure twice that of the previous period.

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ForkLog 15 08.05.2023

Deus Finance DeFi protocol hacked for $6 million

The hacker drained $6 million from the Deus Finance DeFi protocol through a vulnerability in the algorithmic stablecoin DEI.

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ForkLog 10 04.05.2023

Curve Finance relaunches crvUSD after deployment error

After the launch of the decentralized stablecoin crvUSD on the Ethereum mainnet, Curve Finance said a redeployment of the smart contract was necessary.

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ForkLog 9 04.05.2023

Curve Finance launches crvUSD stablecoin on the Ethereum mainnet

Curve Finance developers deployed the crvUSD smart contracts on the Ethereum mainnet.

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ForkLog 15 02.05.2023

Curve Finance launches crvUSD stablecoin on Sepolia testnet

Developers of the decentralised exchange Curve Finance have deployed on the Sepolia test network the smart contracts of the decentralised stablecoin crvUSD.

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ForkLog 9 27.04.2023

Blofin Academy: Hong Kong Could Provide Liquidity to Spur Bitcoin Growth

Liquidity tightening despite the imminent end of the Federal Reserve's tightening cycle will continue to weigh on Bitcoin prices. The situation could be changed by Hong Kong's transformation into a crypto hub for the industry, according to Blockfin Academy.

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