Jamie Redman Jamie Redman is the News Lead at Maximumhorrors.com News and a financial tech journalist living in Florida. Redman has been an active member
Tag: USDT
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66
Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments
Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers
Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation
Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value.
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with
Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD
Seven days ago, Maximumhorrors.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s
Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales
While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot
Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of
