USDT, USDC, and DAI: Has the SEC kickstarted stablecoin season?
The stablecoin sector is noting a resurgence of interest following SEC’s lawsuits, with a rise in active addresses and weekly senders seen.
Tether treasury sends Binance $750M USDT in chain swap transaction
Tether’s treasury sent Binance $750 million USDT on June 12, per data from blockchain analytical firm Arkham Intelligence. The transactions were sent in three batches of $250 million after a…
Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan
Curve Finance founder Michael Egorov has deposited $24 million worth of Curve DAO (CRV) tokens to decentralized lending platform Aave to mitigate against liquidation risk on a $65 million stablecoin…
Hong Kong To Launch Stablecoin Regulatory Framework By End Of 2024
Hong Kong government aims to launch a regulatory framework for stablecoins by next year’s end, supports the virtual asset industry and welcomes talents to come to Hong Kong.
Stablecoin TrueUSD Loses Pegs Wreaking Havoc in the Crypto Market
In a surprising turn of events, TrueUSD (TUSD), a staple in the stablecoin market, has deviated from its peg to the US Dollar.
TrueUSD Now Stops Minting TUSD Through Prime Trust
TrueUSD officially announced that it has temporarily stopped minting TUSD through Prime Trust, pending further notice.
TrueUSD pauses minting of TUSD via Prime Trust, stablecoin briefly depegs
In a June 10 post on its verified Twitter account, TrueUSD informed its users that the minting of TUSD tokens via Prime Trust has been temporarily paused until further notice
Binance Faces New Crisis as TrueUSD Minting Paused, Crypto Market Plunges!
In a fresh blow to Binance, the world’s largest cryptocurrency exchange, TrueUSD (TUSD) has announced a pause in its minting process through crypto custodian Prime Trust.
TrueUSD (TUSD) Stablecoin Briefly Loses Dollar Peg After This Announcement: Details
TrueUSD (TUSD), the fifth-largest cryptocurrency by market capitalization, briefly lost its peg earlier today. Peckshield Alert shared a TUSD chart that showed the moment TUSD deviated from its dollar parity…
TrueUSD shocks market by temporarily halting TUSD token minting via Prime Trust
In a surprising move, TrueUSD (TUSD), the major issuer of the popular stablecoin, has temporarily suspended the minting of TUSD tokens through its long-standing partner, Prime Trust. The decision, effective…
