25 / 30 Relevant items tagged with #StableCoin

Posts: 899

Posts

MakerDAO Maintains Trust In USDC Despite Depeg Debacle

[Mar 25, 2023 10:15 PM] MakerDAO, the governance community of the popular DeFi lending platform Maker, has decided to keep using USD coin (USDC) as the primary reserve asset for the DAI stablecoin.  Although USDC experienced a temporary depeg earlier this month, an…

In-Chat Tether Transfers Introduced in Telegram

[Mar 25, 2023 4:30 AM] Users of the Telegram messenger will now be able to send each other the leading stablecoin, tether (usdt), directly in the chats. The new option expands the list of cryptocurrencies available for purchase, sale, and trade in the messaging app…

This Crisis Will Define the Future of Money

[Mar 17, 2023 12:11 PM] The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

[Mar 13, 2023 11:30 AM] On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant…