WazirX to introduce automatic conversion of USDC to BUSD, following Binance
From September 26, the Indian cryptocurrency exchange WazirX will stop accepting deposits in stablecoins USDC, USDP and TUSD and will delist the related trading pairs.
WazirX to introduce automatic conversion of USDC to BUSD, following Binance
From September 26, the Indian cryptocurrency exchange WazirX will stop accepting deposits in stablecoins USDC, USDP and TUSD and will delist the related trading pairs.
Binance USD market capitalization tops $20 billion
The Binance USD stablecoin's overall market capitalization surpassed the $20 billion mark.
Tether launches USDT stablecoin on the NEAR network
The USDT issuer, Tether Operations Limited, has launched the stablecoin on the NEAR network.
UK confirms plans to turn London into a crypto hub
The government aims to make Britain a leading global hub for crypto technologies, Deputy Finance Minister for Economic Affairs Richard Fuller said, according to CryptoUK.
Expert flags risks to USDT as Binance moves to convert stablecoins
Automatic conversion of Binance USDC, USDP and TUSD on user balances into BUSD at 1:1 would reduce USDT's market share, according to Wintermute CEO and founder Evgeny Gaevoy.
Binance to auto-convert USDC, USDP and TUSD balances into BUSD
The cryptocurrency exchange Binance will begin automatically converting certain stablecoins on user balances into BUSD from September 29.
Acala Team Publishes Full Report on the aUSD Incident.
As of September 5, 52 million erroneously minted aUSD remain in the network. In total, 281 addresses were involved in the incident, according to the Acala parachain team's report.
MakerDAO co-founder proposes decoupling DAI from the dollar
A freely floating DAI is the only path to decentralisation and regulatory compliance, according to Rune Christensen, co-founder of the DeFi platform MakerDAO.
WSJ: Tether would be ‘technically insolvent’ if assets fell by 0.3%
A 0.3% drop in reserve assets could push the issuer of the stablecoin Tether to 'technical insolvency'. The Wall Street Journal concluded as much.
Waves’ algorithmic stablecoin USDN strengthens its detachment from the US dollar
On August 26, the Neutrino USD (USDN) algorithmic stablecoin fell to $0.905. This was the fourth in 2022 of losing parity with the US dollar.We use cookies to improve the quality of our service.
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