Aave Submits Governance Proposal to Introduce A Native Decentralized, Collateralized Stablecoin, GHOJohn P. Njui·July 7, 2022Summary: The Aave team has proposed to the project’s DAO a plan to introduce a native decentralized, collateralized-backed stablecoin known...
Circle’s CEO Quells USDC Fears, States the Company Is Financially StrongJohn P. Njui·July 2, 2022Summary: Circle’s CEO has published a Twitter thread quelling fears and rumors that USDC is on the brink of collapse....
Tether CTO Highlights a Coordinated Attack by Hedge Funds to Short USDT, Reiterates the Stablecoin is 100% BackedJohn P. Njui·June 27, 2022Summary: Tether’s CTO, Paolo Ardoino, has identified a coordinated attack on USDT by traditional hedge funds shorting the stablecoin. According...
Tether Launches Stablecoin Pegged to the British Pound SterlingRahul Nambiampurath·June 22, 2022Tether has launched a stablecoin pegged to the British Pound Sterling version called GBPT. The stablecoin will launch in July...
Tron DAO’s USDD is Now Over-collateralized by Over 200%, A First for Algorithmic StablecoinsJohn P. Njui·June 5, 2022Summary: The Tron-based USDD stablecoin is now collateralized by over 200% with a guaranteed minimum collateral ratio of 130%. Such...
Tether Team Claims the Financial Times Has an Obsession With USDT and its Execs.John P. Njui·June 3, 2022Summary: The team at Tether claims the Financial Times has a fixation with USDT and the company’s execs. Additionally, the...
USDT is Resilient and Has Undergone a Successful Stress Test With the Collapse of Terra, Says the Team at TetherJohn P. Njui·June 1, 2022
Tether (USDT) Expands to the Polygon Network, Aiming to Boost its DeFi EcosystemJohn P. Njui·May 27, 2022Quick take: Tether (USDT) has launched on the Polygon (MATIC) network. Polygon’s DeFi ecosystem is set to benefit from Tether’s...
TerraUSD (UST), Tether (USDT) Not as Stable and Cannot Guarantee Their Peg at All Times – ECB Crypto Asset ReportJohn P. Njui·May 24, 2022Summary: The European Central Bank has published an informative new article on digital assets titled ‘Decrypting Financial Stability Risks in...
Costco’s Stock Crashes 13% on Rumors that It Will Raise the Price of its Hot dogs due to InflationJohn P. Njui·May 19, 2022