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…
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,…
Tron’s stablecoin market capitalization has grown by more than 8% in the last seven days, crossing the $40 billion mark, according to DeFillama data. Over the past week, the Tron network witnessed a…
Lending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent price volatility on stablecoins after the USD Coin (USDC) depegged on March 11. According to…
The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of…