stablecoin

A **stablecoin** is a type of cryptocurrency designed to maintain a stable value by being pegged to a reserve asset, such as a fiat currency (like the US dollar), a commodity (like gold), or through algorithmic mechanisms. The goal of a stablecoin is to reduce the price volatility typically associated with other cryptocurrencies, making it more suitable for everyday transactions and as a store of value.
Recent contents
  1. Binance Denies Role in Trump Family Crypto Deal Worth $2 Billion

    Binance Denies Role in Trump Family Crypto Deal Worth $2 Billion

    Binance Denies Role in Trump Family Crypto Deal Worth $2 Billion Binance CEO Richard Teng has dismissed allegations that the exchange played any part in promoting or facilitating a controversial $2 billion transaction involving the Trump family’s crypto project, World Liberty Financial...
  2. Stream Finance Halts After $93 Million Loss and Stablecoin Collapse

    Stream Finance Halts After $93 Million Loss and Stablecoin Collapse

    Stream Finance Halts After $93 Million Loss and Stablecoin Collapse Decentralized finance platform Stream Finance has suspended operations after reporting a massive loss of $93 million. The incident caused the project’s native stablecoin to lose its dollar peg, plummeting to $0.50 within hours...
  3. Coinbase to Acquire Stablecoin Startup BVNK in $2 Billion Deal

    Coinbase to Acquire Stablecoin Startup BVNK in $2 Billion Deal

    Coinbase to Acquire Stablecoin Startup BVNK in $2 Billion Deal Coinbase is reportedly finalizing a $2 billion acquisition of stablecoin-focused fintech startup BVNK, in a move that underscores the growing importance of digital dollar infrastructure to the company’s long-term business model...
  4. World Liberty to Airdrop $1.2M in WLFI Tokens to USD1 Users

    World Liberty to Airdrop $1.2M in WLFI Tokens to USD1 Users

    World Liberty to Airdrop $1.2M in WLFI Tokens to USD1 Users World Liberty Financial, a crypto-finance project associated with U.S. President Donald Trump, has announced a $1.2 million airdrop of its WLFI tokens to early participants in the USD1 stablecoin loyalty program. 8.4 million WLFI...
  5. JPYC Launches Japan’s First Yen-Pegged Stablecoin Amid Global Race

    JPYC Launches Japan’s First Yen-Pegged Stablecoin Amid Global Race

    JPYC Launches Japan’s First Yen-Pegged Stablecoin Amid Global Race Tokyo-based fintech company JPYC has introduced the first yen-backed stablecoin in Japan, marking a major step in the country’s digital-currency evolution. The launch reflects Japan’s growing participation in the global...
  6. Tether Freezes $13.4 Million USDT in Ethereum and Tron Wallets

    Tether Freezes $13.4 Million USDT in Ethereum and Tron Wallets

    Tether Freezes $13.4 Million USDT in Ethereum and Tron Wallets Stablecoin issuer Tether has frozen over $13.4 million in USDT across 22 wallets on the Ethereum and Tron blockchains, according to data from analytics platform MistTrack. The company continues its effort to combat illicit crypto...
  • This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Accept Learn more…
Back
Top