The Rising Capitalization of Stablecoins Shows Market is Recovering
After a three-month decline, the market supply of Tether has started to rise again.
Tether Intends to Cut Down Commercial Paper Holdings
Its issuer has promised to reduce the share of commercial paper from the current $3.7 billion no later than November.
TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin
Geneva, Switzerland, 24th July, 2022, Chainwire The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON. The USDD stablecoin is currently the most over-collateralized stablecoin across the entire cryptocurrency market. The core mission of USDD is to provide the blockchain world with a decentralized cryptocurrency of stable […]
The UK Could Soon Recognize Stablecoins as a Means of Payment
The Cabinet believes the blockchain industry will contribute to the modernization of the state’s payment infrastructure after the completion of the Brexit.
Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding
Singapore, Singapore, 20th July, 2022, Chainwire Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao. Founded […]
US Congress Wants to Allow Companies to Issue Stablecoins
The US authorities are studying several options for legalizing stablecoins.
The ECB Will Complete Study of Potential of its CBDC Next Year
The European Central Bank (ECB) plans to complete its research on the digital euro by the end of 2023.
