Stablecoin

November 15, 2022

Will EOS see a surge after the launch of $100m ecosystem fund?


EOS is up by more than 3% in the last 24 hours and could rally higher after the EOS Foundation launched its ecosystem fund.EOS has been one of the best-performing cryptocurrencies so far today, adding more than 3% to its value in the last 24 hours. If the current trend continues, Eos could see even […]

Stablecoin

October 25, 2022

Op-ed: How Do Kwon, Terra token pushed crypto back 10 years


For the past three years, widespread acceptance of cryptocurrency has been heading upward. Could all of that hard labor be for naught? The consequences of Terra’s demise may be far-reaching than we previously imagined. I recently posted an article suggesting that the cryptocurrency business is under attack from various sources, and based on current attitude […]

Stablecoin

October 22, 2022

LUNC price forecast as USTC stablecoin rapidly increase in value


Although the Terra Classic USD recovered somewhat. On Thursday the price of LUNC still only traded within a consolidation phase around $0.00025; this price is nearly 40% lower than September’s high point. Here are a few points to note: Terra Luna Classic is one of the Terra stablecoins. Each Terra stablecoin is pegged to a […]

Stablecoin

September 19, 2022

MEXC is the first CEX to support LUNC upgrade and burning plan


MEXC Global began a LUNC recovery plan three months ago and has been buying back LUNC and burning it ever since. Resulting in the most gains for LUNC since the TerraUSD stablecoin crisis that resulted in the creation of the Terra Luna fork. MEXC has pledged to support the Terra Luna Classic community by voting […]

Stablecoin

September 5, 2022

Stably to begin offering stablecoin on the XRP Ledger


According to a news release, Stably, a Seattle-based web3 payment service solution supplier. Announces the commencement of offering its Stably USD (USDS) coin on the XRP Ledger (XRPL). The XRP Ledger is a blockchain with many years of experience. It is very good at enabling liquidity and settlement for large numbers of tokenized assets. Stably […]

Stablecoin

August 16, 2022

The TUSD token secures CryptoQuant’s recommendation


The TUSD token has received endorsement from CryptoQuant, a crypto data analysis firm that ranks in the top eight; in the Stablecoin Efficacy Report released July 21. The effectiveness report analyzed eight stablecoins in the market. These coins were USDT, USDC, BUSD, DAI, FRAX, TUSD, USDP, and GUSD. The report looked at how well each […]

Stablecoin

July 19, 2022

The TRON DAO adds $20 million to its reservoir


The TRON DAO Reserve reveals in a Tweet that it has acquired an additional $10 million in USDD and $10 million in TRX for its fallback. The move comes as TRON Foundation looks to protect its ecosystem against the volatility of the cryptocurrency markets. Stablecoins are a key part of this strategy, with USDD being […]