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DeFi protocol Curve Finance has expanded its stablecoin services with the launch of a new asset called crvUSD. On May 4, Curve Finance announced that it had deployed the smart contracts for its…
Top Stories This Week Circle launches cross-chain USDC transfer protocol Circle launched a cross-chain protocol that enables USDC transfers between the Ethereum and Avalanche blockchains. The protocol works by burning the selected amount…
French banking giant Societe Generale has unveiled a CBDC-type Euro-pegged stablecoin. However, crypto developers were quick to identify potential issues with its code. On April 20, Societe Generale (SG) announced the launch of…
Democrats blasted draft legislation regarding stablecoins on Wednesday for not being as “bipartisan” as initially planned. The bill, created by Reps. Maxine Waters (D-Calif.) and Patrick McHenry (R-N.C.) last year, was praised by…
The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not…
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BTG Pactual – one of Latin America’s largest investment banks – will reportedly launch its own stablecoin, whose value will be tied to the American dollar. The corporation joined the industry years ago…
BTG Pactual investors may soon be able to purchase a new stablecoin. BTG Pactual, a prominent Brazilian investment bank, plans to expand its cryptocurrency services and launch a US dollar-backed stablecoin. Based on…
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Stablecoins are a crucial part of the crypto ecosystem. So when they lose their ‘stability,’ it can cause many things to go wrong. Stablecoins have become a popular instrument in the cryptocurrency market,…
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