Stable Coins
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What is Liquidity Mining (Explained with Diagram)
What is Liquidity Mining? In the field of cryptocurrency, liquidity mining is a
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Head of EU banking institutions: Stable currency reserves need to be diversified
According to reports, Jos é Manuel Campa, Chairman of the European Banking Authority (EBA), stated that the upcoming EU rules for managing stable currencies will focus on ensuring
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Do Kwon Lawyer Challenges SEC’s Lawsuit over Stable Currency
According to reports, the lawyer for Do Kwon, former CEO of Terraform Labs, stated that the SEC\’s lawsuit accusing Do Kwon of securities fraud with Terraform Labs Pte is unfounded,
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Stable Currency Bill Discussion Draft Released by The Financial Services Committee of the United States House of Representatives
According to reports, the Financial Services Committee of the United States House of Representatives released a landmark discussion draft of the stable currency bill on Saturday be
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The Factors Behind the Recovery of Bitcoin in 2021
According to reports, according to data from blockchain analysis company Glassnode, there are many factors contributing to the recovery of Bitcoin this year. One of the main factor
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Understanding the CFTC regulations on cryptocurrency futures trading
On April 14th, Rostin Behnam, Chairman of the United States Commodity Futures Trading Commission (CFTC), stated at an event held at Princeton University on Thursday: \”Coin An inten
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Foreign media: The inflow of safe haven funds drives Bitcoin to soar
It is reported that the Nihon Keizai Shimbun disclosed that the inflow of safe haven funds pushed Bitcoin up sharply. With the return of speculative funds, the risk of sharp fluctu
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Tokenized Gold: The Stable Currency Worth over $1 Billion
According to reports, CoinGecko\’s data shows that as gold prices approach historical highs, the total market value of token gold assets has exceeded $1 billion. Tokenized gold is a
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#The Future Landscape of Currency: How CBDC and Stable Coins Will Revolutionize the Financial Industry
According to reports, Cathy Fortune, head of the digital department at the Bank of England (BoE), said that a mixed ecosystem of various forms of currency, including CBDC and stabl
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Olympus Community Approves Voting Rewards for veBAL and vlAURA Holders
On March 25th, it was reported that the Olympus community of the algorithm stable currency agreement has approved providing voting rewards of up to $8 million to veBAL and vlAURA h
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Archblock Transfers $1 Billion of TrueUSD Reserves to Bahamian Bank
According to reports, Archblock, the issuer of TrueUSD stable coins, has transferred $1 billion of reserves supporting the token to a bank in the Bahamas. An independent accounting firm released real-time proof on Wednesday that Archblock oversees approximately $2 billion of reserves supporting its TrueUSD stable currency and currently holds more than $1.4 billion in funds at Nassau Capital Union Bank. This is an increase from $438 million on March 10th. (Bloomberg) Archblock, the issuer of TrueUSD stable currency, transferred $1 billion of reserves to the Bahamas Analysis based on this information:Archblock has recently moved to transfer $1 billion in reserves for its TrueUSD stable coins to a bank in the Bahamas, according to reports. This move is likely reflective of a growing shift among major players in the cryptocurrency space towards offshore banking solutions, which can offer greater flexibility and ease of use as compared to traditional banking institutions. The move was verified by an independent accounting firm, which…
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The Ever-Evolving Nature of Stable Coins and Crypto Recovery in 2021
On March 8, CZ said in the AMA that the stable currency supported by the legal currency will not exist for a long time, and the stable currency will continue t…
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Japanese Banks to Test Stable Coins on Blockchain
On March 2, according to local media reports, several well-known Japanese banks will test stable coins on the blockchain compatible with Ethereum and use new c…
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Interpretation:BUSD sees significant supply decrease in past 30 days
On February 20, according to statistics, 28.61 BUSDs have been withdrawn from the market in the past six days, that is, the supply has decreased by 17.77% duri…
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US SEC’s Attack on Stable Coins may Boost Bitcoin and Ethereum’s Price
According to reports, Ran Neuner, the host of CNBC, said on social media that if the US Securities and Exchange Commission attacked all stable currencies suppo…
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Binance Founder Declines Proposal for Decentralized Stable Coins
On February 14, Zhao Changpeng, the founder of Binance, said in reply to the relevant proposal of \”suggesting that Binance issue decentralized stable coins sim…