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Tag: stablecoin

Tron DAO Reserve gives Wintermute the right to mint and burn USDD

Tron DAO Reserve (TDR), a group that governs the Decentralized USD (USDD) stablecoin, says it has signed up Wintermute as its latest member. Wintermute, one...

The Reserve Bank of Australia will explore CBDC use cases with a new pilot program

The Reserve Bank of Australia (RBA) announced today that it's exploring Central Bank Digital Currency (CBDCs) use cases through a new research project. The project...

It’s Time To Educate Politicians About Bitcoin

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by the Bitcoin...

Beanstalk Stablecoin Protocol Relaunches After $77M Hack

Beanstalk stablecoin protocol relaunches after a disastrous $77M hack that happened in April. On August 6, the Beanstalk stablecoin protocol was revived, with the...

Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round...

Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments

On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets....
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GHO Stablecoin Will Be Released with Massive Approval

GHO stablecoin will be released following a massive approval by Aave DAO. The decentralized stablecoin GHO’s development team receives approval from Aave DAO to launch...

Tether Supply Sees Growth After Months-Long Decline

Tether supply sees growth after a months-long decline (approx. 3 months). The USDT circulating supply has started to increase, which has restarted the Tether...

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on...

Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO

On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies...
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