/ Stablecoin


79% of Votes Opt to Keep Reserves in USDC in Recent MakerDAO Proposal
/ DeFi

79% of Votes Opt to Keep Reserves in USDC in Recent MakerDAO Proposal

Almost 80% of MakerDAO members voted to retain USDC as primary DAI reserve asset.

March 24, 2023
Is USDC Really at Risk? A Deep Dive into Reserves

Is USDC Really at Risk? A Deep Dive into Reserves

After hitting an all-time low of around $0.8774 on Saturday, USDC quickly started recovering, surging to above $0.91.

March 11, 2023
Wall Street Giant Cantor Fitzgerald is Managing $39B of Tether’s Bonds

Wall Street Giant Cantor Fitzgerald is Managing $39B of Tether’s Bonds

A Friday report revealed that one of the largest Wall Street bond traders is managing over half of Tether’s portfolio.

February 10, 2023
Djed, an Overcollateralized and Algorithmic Stablecoin, Now Live on Cardano

Djed, an Overcollateralized and Algorithmic Stablecoin, Now Live on Cardano

Algorithmic stablecoin Djed is now live on Cardano mainnet following a year of development.

January 31, 2023
Russia and Iran Discuss Using Stablecoin Backed by Gold for Foreign Trade

Russia and Iran Discuss Using Stablecoin Backed by Gold for Foreign Trade

Russia and Iran are holding talks to roll out a gold-backed stablecoin that would be used as means of payment in foreign trade.

January 16, 2023