USD
PayPal’s PYUSD Stablecoin Integrates into Cardano Ecosystem.
Wanchain’s interoperability solution has made PayPal USD, a stablecoin produced on the Solana and Ethereum chains, available on Cardano, the company said in a press statement published with crypto.news. According…
Bitcoin Cannot Remain Indifferent to Dollar Index for Long: BTC Analyst.
In recent weeks, the negative correlation between Bitcoin (BTC) and the U.S. dollar index (DXY) has broken, making it difficult for the leading cryptocurrency to gain upward momentum in the…
USD vs. Tether Two Extremely Different Stablecoins Data Reveals.
In terms of institutional acceptance, USD Coin (USDC), a stablecoin released by the American company Circle Financials Ltd, is overtaking Tether (USDT), its main opponent. The market value of USDC…
Gap between Ethiopian Currency’s Official and Parallel Market Widens to New High.
A new report states that the gap between the Ethiopian currency’s official and parallel market exchange rate against the US dollar widened to a new record high. The rate plunged…
MakerDAO founder urges members to consider depegging DAI stablecoin from USD.
Rune Christensen, the founder of MakerDAO, has urged members to seriously consider de-pegging of the DAI stablecoin from the US dollar. His comments come in light of the sanctions on…
Executive wants to limit issuance of USD-backed stablecoins to banks.
Scott Beck, the CEO of United Texas Bank, believes the issuance of US dollar-backed stablecoins to licensed banks should be limited. He called on members of the state’s blockchain working…
The dollar index has dropped from 20-year highs.
The Euro has been growing stronger as the months pass but this hasn’t been the case for the US dollar. With the cryptocurrencies taking a plunge and most of them…
The launch of the digital dollar, according to a US Fed vice chair, will take five years.
Lael Brainard, from the Federal Reserve, revealed that the US would take years to develop a CBDC. Shee also added that the project can only start after both the Whote…
Ronin Network hacked of over $620 million worth of ETH and USDC
The Ronin bridge has been exploited for 173,600 Ethereum and 25.5 million USDC (stablecoin) collectively worth over $620 million, revealed the Ronin Network which is renowned for the popular crypto…
For Remittances Between Europe and Africa, Stellar Partners Use USDC.
The foundation has declared that it will help to start a new channel for remittance between Africa and Europe using the USDC or USD Coin stablecoin. The SDF recently declared…
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