STABLECOIN

 

Description
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to the type of price volatility synonymous with cryptocurrencies like Bitcoin and Ether.
The key is to understand "stable": what is "stable"? which references are pegged to make its value "stable"? In terms of what we measure the "stability".

Popular
USDT Libra


Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.
Circle Has Started Building New Reserve Funds With BlackRock
Circle is building a new reserve with BlackRock for USDC
Canada's Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting
According to CoinMarketCap, HUSD stablecoin has fallen massively from its $1 peg, dropping to a low of $0.32 following delisting from crypto exchange Huobi on Friday last week.
FTX Looking to Launch its Own Stablecoin - Sam Bankman-Fried
FTX CEO Sam Bankman-Fried has given a hint that the exchange will launch its own stablecoin
MAS Seeks to Ban All Forms of Crypto Credits in Singapore
The Monetary Authority of Singapore wants crypto service providers to avoid issuing credits for consumers to trade crypto
NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection
The firm has announced plans to shut down the USN stablecoin to avoid greater risks.
FDIC to Offer Guidance on Crypto After it Understands its Associated Risks
FDIC's Martin Gruenberg said more guidance will be given to banks about crypto when it gains more understanding of its inherent risks
European Parliament Ratifies MiCA Framework in Landslide Vote
The long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l
Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes
The plans to compensate affected Terra users is still far from reality.

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