Stablecoin DEX Mercurial Rebrands to Distance Itself From FTX
Stablecoin DEX Mercurial is rebranding to Meteora in an attempt to distance itself from FTX.
$ADA: COTI CEO on the Exciting Launch Plan for Stablecoin ‘Djed’
In a recent interview, Shahaf Bar-Geffen, the CEO of FinTech startup COTI Group, the issuer of algorithmic stablecoin Djed (which is built on Cardano), talked about the upcoming launch of the eagerly anticipated project.
USDN To Become WINDX – A Multi-Collateralized Soft-Pegged Asset
On the Waves Tech weekly community AMA on Dec. 23, Waves CEO Sashi Ivanov revealed the USDN revival plan, involving turning USDN into a multi-collateralized asset, a soft-pegged asset — WINDX.
WAVES Gets Dragged Down By USDN, Despite Pumping Investor Distribution
There is enormous negative sentiment surrounding USDN. And with USDN continuously falling off its track, it’s also pulling WAVES down.
Retiring U.S. Sen. Pat Toomey Introduces Stablecoin TRUST Act
A week after delivering his farewell address on the floor of the U.S. Senate, outgoing Pennsylvania Sen. Pat Toomey has quietly introduced another piece of cryptocurrency legislation. The Stablecoin TRUST Act—a backronym for Transparency of Reserves and Uniform Safe Transactions—would establish a federal regulatory framework for "payment stablecoins," and is designed to guide Congress towards a path of "sensible regulation of cryptocurrencies." The legislation is very similar to The TRUST Act that Toomey introduced in April, and is both the latest and likely last bill of several relating to digital assets that Sen. Toomey introduced or cosponsored in this last term. (Decrypt)
Waves Founder Unveils New ‘Undepeggable’ Stablecoin Amidst USDN Crisis
Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg.
Cardano-Centered Stablecoin Djed Set to Debut in January — ADA Poised for Rapid Adoption
The Cardano blockchain gears up to see the launch of one of its most anticipated stablecoin projects, Djed. Shahaf Bar-Geffen, the head of COTI Network, reiterated during an interview that the algorithm stablecoin would launch on the mainnet in January.
Waves Platform CEO Announces Launch of New Stablecoin
Sasha Ivanov, the founder, and CEO of Waves Platform has announced that he will be launching a new stablecoin.
Waves Founder Announces New Stablecoin As USDN Depegs
Sasha Ivanov, founder and CEO of the Waves blockchain platform, is planning to launch a new stablecoin amid the ongoing crisis of the Waves-backed stablecoin, Neutrino USD (USDN).
Tether vs Wall Street Journal. Goodbye Secured Loans!
After another critical article from the Wall Street Journal, Tether announced that it would get rid of “Secured loans” by the end of next year.
