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Tag: USDN

CryptoSlate Wrapped Daily: SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves

The biggest news in the cryptoverse for Dec. 13 includes the arrest of former FTX CEO Sam Bankman-Fried, the testimony of...

Waves Break Silence Over DAXA Investigation, USDN Stablecoin Fails to Repeg

It has been a tough year for algorithmic stablecoins. Historically, these pegged tokens have failed to maintain a grip on $1, especially under...

CryptoSlate Wrapped Daily: CZ, SBF trade jabs in Twitter feud; Bitcoin firmly in capitulation phase

The biggest news in the cryptoverse for Dec. 9 includes a Twitter sparring between  Binance CEO Changpeng Zhao and former FTX...

Waves down 12% as Upbit issues investment warning

South Korea-based exchange Upbit has cautioned its users against investing in WAVES due to its high volatility resulting from the USDN...

Cardano’s Hoskinson Praises Algorithmic Stablecoins, Touts Them As The Gold Standard Of The Digital Age

Advertisement &nbsp &nbsp Charles Hoskinson believes that algorithmic stablecoins are the way to go and that they have the ability to undermine the monopoly...

Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week

Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been...

Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout

Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic...

Stablecoins Now At $187 Billion, UST And USDN Volume On The Rise

stablecoins-now-at-$187-billion,-ust-and-usdn-volume-on-the-rise

There has been fast growth in the stablecoin economy, with a recent total of $187 billion, which is quite near the $200 billion thresholds. Stablecoins like Terra’s UST and Neutrino Protocol’s USDN are gaining popularity even as Tether remains the most widely used. They experienced a nearly 30% and a 44% rise in issuance in…

The post Stablecoins Now At $187 Billion, UST And USDN Volume On The Rise appeared first on Bitcoin News Miner.

Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days

During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, […]

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