stablecoins | ForkLog

ForkLog 21 23.01.2023

Red Date Technology launches SWIFT-like platform for stablecoins and CBDCs

Red Date Technology, responsible for developing China's overseas BSN infrastructure platform, launched a universal digital payment network (UDPN) that will connect CBDCs and stablecoins. Cointelegraph reports.

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ForkLog 19 19.01.2023

Media: National Australia Bank to create AUDN stablecoin, according to AFR

The National Australia Bank is creating an asset-backed stablecoin AUDN.

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ForkLog 13 16.01.2023

Iran and Russia to discuss creation of a gold-backed stablecoin

Iran's central bank is discussing with Russia the possibility of creating a joint stablecoin for the Persian region for foreign-trade settlements.

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ForkLog 33 11.01.2023

Expert flags fixes to Binance’s handling of BUSD reserves

Binance has addressed deficiencies in the management of BUSD reserves, which at times led to collateral shortfalls of more than $1 billion. The founder of ChainArgos, Jonathan Reiter, reached these conclusions, Bloomberg reports.

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ForkLog 20 27.12.2022

Japanese authorities plan to ease regulation of stablecoins

The FSA plans to permit local exchanges to list foreign-issued stablecoins.

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ForkLog 22 22.12.2022

Waves team unveils plan to recapitalise the algorithmic stablecoin USDN

The Waves Platform team unveiled a plan for a 'priority' recapitalisation of the algorithmic stablecoin Neutrino USD (USDN).

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ForkLog 20 20.12.2022

Waves CEO Announces Plan to Launch a New Stablecoin; Users Draw Parallels with Terra

The founder and CEO of Waves Platform, Alexander Ivanov, announced plans to launch a new stablecoin, triggering a flood of negative comments on Twitter.

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ForkLog 12 16.12.2022

TrueUSD team unveils yuan-backed stablecoin on TRON network

The TrueUSD (TUSD) team announced the launch on the TRON blockchain of the yuan-pegged stablecoin TCNH, pegged to the offshore Chinese yuan. ForkLog was informed by project representatives.

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ForkLog 20 16.12.2022

Symbiosis Finance launches second version of its protocol

The multi-chain liquidity protocol Symbiosis Finance has announced the launch of the second version of its beta mainnet.

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ForkLog 26 14.12.2022

Net outflow of stablecoins from Binance over 24 hours reaches $3 billion

The world's largest crypto exchange, Binance, saw more than $7 billion in stablecoins withdrawn in 24 hours.

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ForkLog 18 13.12.2022

Jewel Bank to issue stablecoin on Polygon

The Bermuda-based Jewel Bank will issue a US dollar-denominated stablecoin, Jewel USD (JUSD), on the {{AOPEN_1}}Polygon{{ACLOSE_1}} blockchain.

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ForkLog 27 13.12.2022

Binance resumes USDC withdrawals

The cryptocurrency exchange Binance paused withdrawals of the USD Coin (USDC) stablecoin on the Tron, BNB Chain and Ethereum networks. The restrictions did not affect USDT and BUSD.

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