Former Tron CEO has announced that TRON DAO intends to create a decentralized stablecoin sort of based on the USD In an open letter published today, retiring Tron Foundation CEO Justin Sun announced that the
Read More
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled
Read More
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms
Read More
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets
Read More
Currently, DAI is the fifth largest stablecoin by market cap. Tether (USDT) may have continued to be the market leader after all these years, but DAI has the perk of being open-source and decentralized –
Read More
The financial services company – Mitsubishi UFJ Trust – hopes to improve its transaction system by using blockchain technology for trading and a cryptocurrency for payments. As such, it will create a stablecoin pegged to
Read More
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and
Read More
TIME, MIM and LUNA Tokens and Coins Suffer from Wonderland Drama The previously market-leading token, Luna, has lost more than 25% of its value following news about the defunding of the MIM stablecoin that caused
Read More
Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged
Read More
The historic USDC/USDT reversal was spotted yesterday by Nansen’s analytical tools Tether Limited's U.S. Dollar Tether (USDT), the largest stablecoin in the Web3 segment, has been dethroned by its major competitor on Ethereum (ETH). Flippening confirmed: there
Read More
