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Tag: Stablecoins

A stablecoin is a fiat-backed cryptocurrency that has a value pegged to another stable asset, such as the US dollar.

ust depeg

UST Update: Sustaining $1 Parity Amidst Macro Turmoil

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$UST token, Terra ecosystem stablecoin, has struggled to maintain parity with the dollar. The UST market has been volatile today, as traders scramble to adjust their portfolios in the face of macroeconomic uncertainty. The price of UST hit a low of $0.9857 on Binance against USDT, before recovering slightly to $0.995 at the time of writing. This trading pair is the most voluminous for UST, with $1.36 billion in volume reported in the past...

Cryptocurrencies, Front page, News, Stablecoins

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cardano - top 5 projects

5 Cardano Projects You Need to Check Out

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Cardano is one of the cryptocurrencies that are making waves in the market today. Many people are investing heavily in cryptocurrencies as they see potential in this technology. Cardano has a market cap of $2.8 billion, which makes it one of the top 10 most valuable cryptocurrencies. Cardano is a third-generation blockchain and smart contract platform that utilizes the Proof of Stake protocol. It was created by Charles Hoskinson,...

DEX, Featured, Stablecoins

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Tron’s answer to Tether

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USDD is a new algorithmic stablecoin issued on the Tron blockchain. In a recent turn of events, USDD stablecoin has been launched on the Tron blockchain. The stablecoin is designed to fight against inflation as a store of value. USDD is said to be “Tron’s answer to Tether”. It is pegged 1:1 to the US Dollar and can be used for transactions on Tron and DApps. It was built using Tron Virtual Machine and runs on Tron...

Cryptocurrencies, Front page, News, Stablecoins

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Tether could introduce new risks into securities markets

Tether could introduce new risks into securities markets

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Stablecoins like Tether (USDT), which is already a major participant in the $1.1 trillion commercial paper market, may bring new risks into short-term securities markets, according to Fitch Ratings, a worldwide ratings firm.  The rating agency had already issued a warning in July that stablecoins had the potential to destabilize credit markets in the short term. Tether has recently agreed to pay $41 million in a settlement with the US...

Cryptocurrencies, Featured, Stablecoins

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Miguel Schweizer - Cryptopress interview

Interview with Miguel Schweizer, from Quantia Capital

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Quantia Capital is a digital asset management company that provides investment solutions for retail and institutional investors, currently holding more than $ 320 million. We were recently able to ask Miguel Schweizer, who serves as the company’s chief risk officer, some questions. Here are the most outstanding answers from the interview: – Migue, how did you get to the crypto world? A: The first time I read the word...

Stablecoins, Staking

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