Browsing Tag
Stablecoins
94 posts
Gemini Dollar GUSD Depegs, Drops to $0.9793
The stablecoin realm has been going through a tough time over the weekend due to the banking drama…
After Silvergate, Stablecoins Use for Crypto Trading Likely to Improve
Towards the end of last week, Silvergate discontinued its 24/7 instant settlement exchange network, SEN. Notably, institutions that…
Japan: 3 Domestic Banks To Start ‘Stablecoin Experiment’
Three Japanese banks are coming together to experiment with stablecoin payments. GU Technologies, a Web3 infrastructure company, has…
Is Binance USD Losing Ground To Other Stablecoins?
Stablecoins have been a hot topic of debate throughout the last year. This trend was carried on to…
Financial Stability Board Is Cautious Against Stablecoins, Releases Report
Stablecoins have frequently established themselves as a more stable alternative for cryptocurrency enthusiasts. Cryptocurrencies are quite volatile by…
Tether USDT’s Market Cap Shot up by $1 Billion in a Day
Stablecoins, including Tether, were under scrutiny following the demise of Terra UST in 2022. The issue of reliability,…
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…
Visa Is ‘Testing’ Stablecoin Payments on Ethereum
Towards the end of January, Watcher Guru reported that Visa may integrate blockchain-powered solutions into its services to…
Why Crypto Investors Must Avoid ‘This Stablecoin’ Right Now
2022 was the year of several catastrophes for the crypto-verse. Stablecoins were heavily impacted and the trust around…
Japan: FSA to Likely Lift Stablecoin Ban by June 2023
Towards the end of December 2022, it was reported that the Japanese Financial Services Agency [FSA] may reverse…