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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.

TRON Founder H.E. Justin Sun Announces the Launch of USDD — A Decentralized Stablecoin

Geneva, Switzerland / April 21 / – H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin.  TRON DAO will partner with other blockchain industry leaders to establish USDD. It will leverage the power of mathematics and algorithms to achieve the overarching...

$USDD, Cryptocurrencies, News, Press release, Stablecoins, Tron

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“Cute Dog” Coin Mochi Inu ($MOCHI) Bridges Gap Between Memecoins and Decentralized Finance

December 15, 2021 09:30 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Mochi Inu ($MOCHI) is the latest entry into the memecoin ecosystem and differentiates itself by successfully combining both memecoins and decentralized finance (DeFi), two of the most popular crypto subsectors, into a single coherent ecosystem. In addition, Mochi will soon enable community members to earn staking rewards and accumulate Mochi tokens at...

Blockchain, Cryptocurrencies, DeFi, Press release, Stablecoins

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What is the difference between the main Stablecoins?

By Julián García. To begin with, it is important to understand what stablecoins are. A stablecoin, such as USDT, USDC or DAI, is a stable cryptocurrency that is equivalent to one US dollar. For this reason they serve to quote the price of the rest of the cryptocurrencies and carry out transactions in the digital world without the need to resort to fiat money. As you might imagine, not all stablecoins are the same, in fact, they all have...

$USDT, Cryptocurrencies, Stablecoins

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Tether could introduce new risks into securities markets

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 Commodity...

$USDT, Cryptocurrencies, Featured, Stablecoins

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YouHodler Integrates Fireblocks To Secure Its Crypto Transactions

LAUSANNE, SWITZERLAND Sep 02 2021 (Blockchain Wire)  YouHodler, a fintech platform that helps people access the benefits of the crypto economy, has integrated with Fireblocks, digital asset custody, transfer, and settlement platform. Under the partnership, YouHodler will leverage Fireblocks for crypto transactions management and integrations with a number of protocols, including Polkadot, Tezos, and Cardano.  YouHodler’s solutions...

Cryptocurrencies, Exchanges, Press release, Stablecoins

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