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Tag: stablecoin

IMF global financial stability report sees complex roles for cryptocurrency, DeFi

April 19, 2022 wp-bot Cointelegraph

Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report.

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Solana’s STEPN hits record high as GMT price skyrockets 34,000% in over a month

April 19, 2022 wp-bot Cointelegraph

Strong hype around move-to-earn tokens could offset the bearish technicals emerging for GMT.

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Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

April 18, 2022 wp-bot Bitcoin News

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

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Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC

April 15, 2022 wp-bot Bitcoin News

The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s

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Tether is gaining momentum against competing stablecoins, says Tether CTO

April 15, 2022 wp-bot Cointelegraph

Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.

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Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance

April 13, 2022 wp-bot Bitcoin News

On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the

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Blockchain
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