Browsing Tag
stablecoin
84 posts
Tether to Allocate up to 15% of its Profits Towards Purchasing Bitcoin
Stablecoins, including Tether, were under scrutiny following the demise of Terra UST in 2022. The issues of reliability,…
Societe Generale Launches Ethereum-Based Euro Stablecoin
Societe Generale, more commonly referred to as SocGen, recently introduced a stablecoin pegged to the euro. The France-based…
US House Committee Unveils Draft Version of Stablecoin Bill
Stablecoins are often viewed as a reliable option for those interested in cryptocurrencies. Cryptocurrencies are known for their…
Binance BUSD Stumbles Under Regulatory Pressure: $500 Million Outflows
Binance has recently been all over the headlines following the decision made by the U.S. Commodity Futures Trading…
Circle (USDC) Reveals Commitment to Cover Silicon Valley Bank Shortfall with External Capital
Silicon Valley Bank and the stablecoin issuer circle have been all over the headlines over the weekend. The…
Here’s How Circle USDC’s Relationship with Silicon Valley Bank Led to the Current Chaos
The whole banking realm has been under various concerns since 2023. With Silvergate shutting down and the recent…
DeFi: After $766M Bitcoin, Ethereum Loss, Babel Plans to Launch ‘Recovery Coin’
In mid-2022, Babel Finance, a Hong Kong-based crypto lender, restricted withdrawals and redemptions from its platform citing unusual…
Voyager Freshly Dumps 300 Billion Shiba Inu, 4000 Ethereum Tokens
Crypto lending firm Voyager has been on a dumping spree lately. In a recent article, Watcher Guru highlighted…
AAVE Launches the Much-awaited Stablecoin GHO on Ethereum Testnet
Aave Companies, the company that created AAVE, posted the request for its decentralized stablecoin on July 7. The…
Tether Witnessed $700M Profits in Q4, 2022 Amidst Bear Market
The cryptocurrency industry intends to forget the 2022 massacre instigated by the bears. Yet, Tether noted how it…
