In the latest crypto news, Binance and OKX, two prominent cryptocurrency exchanges, announced separate blog posts on Thursday that they had suspended support for...
Tether Limited Inc, the company responsible for bringing the stablecoin ecosystem USDT to life, announced on Thursday, October 13, that it had reduced its...
USDC stablecoin issuer has launched a cross-chain transfer protocol to support USDC interoperability.
The product was unveiled at the company's inaugural crypto conference, Converge22, in...
Algorithmic stablecoins like the TerraUSD could be prohibited for two years under a draft law in the U.S. House of Representatives. According to a recent draft of the legislation obtained by Bloomberg, the creation or issuance of new "endogenously...
The Waves-backed stablecoin Neutrino USD (USDN), which is supposed to remain closely pegged to the US Dollar, fell from its peg for the fourth time this year. Sasha Ivanov, founder of the company behind the algorithmic-based stablecoin, already went...
Tether (USDT) could face scrutiny regarding the liquidation of an $840 million loan to insolvent DeFi platform Celsius during ongoing bankruptcy proceedings regarding the validity of the recovery under bankruptcy law.
The recovery of the loan, revealed by Tether and...
