Cardano’s Algorithmic Stablecoin DJED to Launch in January 2023
The stablecoin will be backed and overcollateralized using solely cryptocurrency, including ADA and SHEN – the smart contract’s reserve token.Â
Stablecoins News and Updates
Recent Stablecoins News
Circle Announces Euro Coin (EUROC) Expansion to Solana Blockchain
EUROC will be available alongside USDC as a payment currency in Solana Pay.
Lebanese Embrace Bitcoin and Tether Amid Total Economic Crash
Bitcoin (BTC), Tether (USDT), and crypto mining thrive in Lebanon, where financial issues have shuttered the country.
Crypto’s Rapid Growth Pushed Canada to Speed up Regulations
The Canadian authorities have started consultations with shareholders to determine what regulations to impose on the crypto industry.
HUSD ‘Stablecoin’ Plunges to $0.3 Following Huobi Delisting
HUSD has lost almost 70% of its valuation since Huobi stopped supporting trades for the token last week.
Huobi Announces Global Delisting of Native Stablecoin HUSD
The delisting comes shortly after Justin Sun announced an advisory role at the company.
FTX Very Likely to Launch a Stablecoin, SBF Confirms
FTX could follow the example of Binance and have a stablecoin of its own.
USDC Lost 20% Of Its Market Capitalization In The Last 30 Days
In the crypto winter, even some stablecoins suffer. Circle's USDC has lost billions of dollars of capitalization in a couple
NEAR Halts USN Minting Due to $40 Million Undercollateralization
The decision aims to protect consumers by preventing another Terra-esque stablecoin collapse.
Monitoring Crypto Whales: Korean Regulators With New Legislation (Report)
South Korea's Financial Intelligence Unit will observe whether local crypto whales abide by anti-money laundering laws.
