Reading Time: < 1 minute Circle, issuer of the popular stablecoin USD Coin (USDC), will issue a new Euro-backed stablecoin by the end of the month.
Tag: Stablecoins
Stablecoins
Circle Agrees to Buy Cryptocurrency Startup Cybavo
Reading Time: < 1 minute Circle, the company behind the stablecoin USD Coin (USDC), has recently signed a definitive agreement to acquire cryptocurrency startup Cybavo.
US SEC Launches Investigation into UST
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has opened an investigation into the algorithmic stablecoin TerraUSD (UST).
BNB-based Media BSCDaily Endorses TUSD as A Reliable Stablecoin
Reading Time: 3 minutes Singapore, Singapore, 9th June, 2022, Chainwire BNB-based Media BSCDaily announced its endorsement of TUSD on Tuesday, May 24. BSCDaily recommends stablecoins with robust ecosystems and credibility, encouraging traders to preserve…
Ukrainian Real State Agency Starts Accepting Stablecoins
Reading Time: < 1 minute The DIM group of companies has become the first Ukrainian real state agency to allow its clients to purchase real estate with stablecoins.
Japan Gives Green Light to Stablecoins
Reading Time: < 1 minute The Japanese Parliament passed a bill to regulate stablecoins last week.
USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
Reading Time: 4 minutes Geneva, Switzerland, 5th June, 2022, Chainwire TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch.…
Circle Doubts Central Bank Digital Currencies Are Effective
Reading Time: < 1 minute The developer of the stablecoin USDC estimates that CBDCs will harm the financial system.
Whales Buy More Than 80,000 BTC from Luna Foundation Guard
Reading Time: < 1 minute The Luna Foundation Guard sold more than 80,000 Bitcoins to support the stablecoin UST during the May turbulence.
