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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.

LUNC - luna burn

Terra 2.0 Launches May 28, 1.3 Billion UST to be Burn

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Terra 2.0, the new version of Terra, will launch tomorrow, Saturday, May 28. The community voted to move forward with a proposal that will destroy more than 1 billion UST, in an attempt to rebind the stablecoin. Meanwhile, Terra 2.0 is expected to launch tomorrow, Saturday. Terra’s planned revival that will see the birth of a new version of the now beleaguered blockchain has been delayed by a day due to undisclosed reasons. This was reported...

$LUNA, $UST, Exchanges, Front page, News, Stablecoins, Staking

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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 24...

$LUNA, $UST, Cryptocurrencies, Front page, Main, News, Stablecoins

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banco galicia

Buenos Aires Bank to Offer Cryptocurrency Trading

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Banco Galicia, Argentina’s largest private bank, has begun offering customers the ability to purchase four different cryptocurrencies—Bitcoin, Ethereum, USD Coin, and XRP. Screenshots of the buying options were posted on Twitter earlier today by bank customers, and Banco Galicia later confirmed in an emailed statement that it had added those services. XRP, the sixth-largest digital asset by market cap, is a cryptocurrency used to help...

Coinbase, Crypto adoption, 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, co-founder...

$ADA, Cardano, DEX, Featured, Stablecoins

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USDD - Tron

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 Network....

$USDD, Cryptocurrencies, Front page, News, Stablecoins, Tron

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