stablecoins
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The Launch of Ondo Finance’s OMMF: An Introduction to Stablecoins and DeFi
On April 14th, it was announced that the DeFi agreement, Ondo Finance, will officially launch the US dollar stable currency OMMF based on money market funds (MMFs). Investors will
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House Subcommittee on Digital Assets to hold Hearings on Stable Currencies
According to reports, the House Subcommittee on Digital Assets, Financial Technology, Inclusion, and Capital Markets has arranged hearings to discuss stable currencies. This subcom
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Cryptocurrency Paves the Way for Greater Funds Transfer in Hong Kong
On April 12th, CZ announced on social media that after Hong Kong banks start supporting cryptocurrencies, we will see more funds transferred there. USDT alone has a market value of
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Euro Tether (EUR T) and Tether Gold (XAUT) Launched on StealthEX Trading Platform
According to reports, on April 11th, Tether announced that Euro Tether (EUR T) and Tether Gold (XAUT) had been launched on the trading platform StealthEX, allowing users to purchas
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Understanding the Recent Drop in USDC, BUSD, and GUSD Supplies on Ethereum: A Closer Look
According to reports, The Block data shows that the supply of USDCs on Ethereum has dropped by over $10 billion compared to the beginning of the year, and is currently around $30.8
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Paxos is Hiring a Portfolio Management Manager: What Does This Mean for Stablecoins?
News on April 6th. According to the job list on LinkedIn, stable currency issuer Paxos is recruiting a new portfolio management manager. The company stated that the hired individua
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Yonhap News Agency: Do Kwon refused US jurisdiction during his escape
On April 4th, it was reported that Do Kwon, CEO of Terraform Labs, had refused US jurisdiction during his escape.
Yonhap News Agency: Do Kwon refused US jurisdiction during his esc -
DeFi TVL Hovers Around $50 Billion in April: Exploring the Factors Behind the Stability
According to reports, in the first week of April, the total lock in value (TVL) of Decentralized Finance (DeFi) was approximately $50 billion, roughly the same as on March 1. The l
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ETH Supply Reaches 8-Month High: What Does it Mean for Investors?
According to reports, the last active supply of ETH has just reached 10513544.573 ETH in 5 to 7 years, hitting an 8-month high.
ETH\’s last active supply reached an 8-month high in -
The average trading volume of USDC in the past hour hit a 16-month low
According to reports, data shows that the average trading volume of USDC (7d MA) in the past hour reached 104921.92 US dollars, hitting a 16-month low.
The average trading volume o -
Aave V3 on Ethereum Achieves $1 Billion Market Size
On April 1st, it was announced that the total market size of Aave V3 on Ethereum has now exceeded $1 billion. It was previously reported that on January 27, Aave V3 had been deploy
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Understanding the recent USDC Treasury destruction on the Ethereum network
According to reports, according to Whale Alert monitoring data, the USDC Treasury destroyed 199700000 USDCs on the Ethereum network at 23:03 Beijing time today.
Circle sold about 2 -
Introduction
According to the latest official news, Sun Yuchen, founder of Bochang TRON, tweeted, \”Two weeks ago, we announced the ambitious goal of a stable currency with a market value of $60
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The Arrest Warrant of Terra’s Co-founder and Former CEO: A Review of the Latest Developments
On March 30, the South Seoul District Court in South Korea began reviewing the arrest warrant for Daniel Shin, Terra\’s co founder and former CEO of Chai Corporation, at 10:30 local
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Meson Integrates zkSync Era: Exploring the Latest Features
On March 29, it was reported that the stable currency cross chain transaction protocol Meson newly supports zkSync Era. Users can trade other supported USDTs, USDCs, and BUSDs on t
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Voyager Transfers 150 Million USDCs to Obtain USD Cash: Here’s What You Need to Know
According to reports, according to Lookonchain monitoring, six hours ago, Voyager transferred 150 million USDCs into Circle to obtain USD cash. The two addresses of Voyager have re
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CryptoQuant: BUSD exchange balance decreased by 500 million pieces
According to reports, CryptoQuant data shows that after the CFTC initiated a lawsuit against the currency security incident in the United States, the balance of the BUSD exchange d
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Coinbase Encourages Development of Stable Currencies on Its New Blockchain
According to reports, Coinbase, the US cryptocurrency exchange, encourages developers working on its new blockchain to focus on creating stable currencies that resist inflation. Co
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Data: Tether has cast another 1 billion USDTs today, and has cast 5 billion USDTs within 7 days
According to reports, according to Lookonchain monitoring, Tether has just cast another 1 billion USDTs on Tron, and in the past 7 days, Tether has cast 5 billion USDTs on Tron and Ethereum. Interpretation of this information: The cryptocurrency market is constantly evolving, and one of the most exciting developments in recent years has been the rise of stablecoins such as Tether. Tether is a stablecoin that is pegged to the value of the US dollar, providing a stable and reliable way of transacting in the cryptocurrency market. According to…
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MasterCard cooperates with Stables, an Australian stable currency platform
According to reports, payment giant Mastercard is launching a stable currency digital wallet integrated with Australia’s stable currency platform Stables. The two sides announced a partnership yesterday to allow retail customers in the Asia Pacific region (APAC) to use their stable currency in Mastercard enabled merchants. This collaboration involves a stable currency only wallet built by Stables and equipped with Mastercard supported payment cards. (Cointelegraph) Interpretation of this information: Mastercard, a global payment giant, has partnered with Australia’s stable currency platform, Stables, to launch a digital wallet that enables retail…