Stablecoins News
USDT and USDC Stablecoins Throw Weight Behind ETH’s Transition to Proof-of-Stake
As Ethereum prepares itself for ‘The Merge‘, set for September 19, Tether (USDT) and Circle, issuer of the USDC stablecoin, have...
Aave DAO Approves Creation of Yield-Generating Algorithmic Stablecoin ‘GHO’
The Aave DAO (Decentralised Autonomous Organisation) has approved the creation of a yield-generation stablecoin called GHO. Aave is one of t...
Reserve Bank of Australia Chief: Private Stablecoins May Be Better Than CBDCs
In a recent panel discussion of the G20 finance officials meeting in Indonesia, Reserve Bank of Australia (RBA) governor Philip Lowe signall...
DeFi Giant ‘Aave’ Announces Plans to Launch Own Stablecoin ‘GHO’
DeFi lending platform Aave plans to launch its own stablecoin, GHO, issued on the Ethereum network, the company announced in a blog post. GH...
Ripple Pushes for Dominance on XRP Ledger, Launches ‘Innovation Challenge’
Ripple, the company behind the cryptocurrency XRP and the XRP Ledger (XRPL), has launched an innovation challenge to encourage the developme...
Stratis (STRAX) Token Soars 160% Amid NFT, Gaming and Stablecoin Announcement
Ethereum-based, decentralised blockchain platform Stratis has witnessed its native token STRAX rocket 103 percent in one 24-hour period this...
ANZ Bank Uses Its Stablecoin A$DC to Buy Tokenised Carbon Credits
The stablecoin created by the Australia and New Zealand Banking Group (ANZ), A$DC, has been used by one of its large institutional customers...
Tether to Launch Stablecoin Pegged to British Pound Sterling
Stablecoin issuer Tether is set to launch a stablecoin pegged to the British Pound Sterling in early July, using Ethereum as the first suppo...
UST Contagion Continues as ‘Magic Internet Money’ Stablecoin Depegs
Last month’s Terra’s UST collapse has caused a domino effect on several stablecoins in the market. This time, Abracadabra’...
Tron to Deploy $2 Billion to Stabilise Broken USDD Stablecoin Peg
Tron blockchain founder Justin Sun has declared that US$2 billion will be deployed to “fight” investors shorting Tron’s native cur...
Australian Giant Novatti Set to Launch AUD Stablecoin with Stellar and Ripple
Leading Australian digital payments company Novatti has announced that it will be partnering with Ripple to bring its Australian dollar stab...
Tron Stablecoin Over-Collaterises 200% to Prevent UST-like Collapse
TRON has announced that its recently launched algorithmic stablecoin, Decentralised USD (USDD), will be over-collateralised by a ratio of at...