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Peg
- BitcoinCryptocurrencyNews
Aave proposal to peg Ethena’s USDe to USDT sparks community pushback
by adminby adminA new proposal on Aave suggests hardcoding the price of Ethena’s USDe to match Tether’s USDt in Aave’s pricing feeds. The proposal,…
- AltcoinCryptocurrencyNews
VanEck, StoneX analysts peg Ether price upside at $12K to $22K
by adminby adminEther’s (ETH) spot price could rise as high as $12,000 to $22,000 by the end of this decade in an upside scenario,…
- AltcoinCryptocurrencyNews
TrueUSD deploys new reserve audit system in attempt to recover dollar peg
by adminby adminTrueUSD (TUSD), a stablecoin associated with Tron founder Justin Sun, has deployed daily attestation services from an accounting firm as it struggles…
- CryptocurrencyICONews
TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues
by adminby adminTUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 million worth in the past 24…
- CryptocurrencyICONews
TrueUSD Stablecoin (TUSD) Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst
by adminby adminThe spike in FDUSD volume, coinciding with TUSD’s de-pegging, suggests a transfer to FDUSD for participating in the FDUSD launch pool and…
Key Takeaways S&P Global Ratings has released an assessment of the stablecoin Tether that concludes the digital currency’s ability to maintain its…
The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week and rallied…
- AnalysisCryptocurrencyNews
Terra Validator Opposes USTC Burning, Pushes Alternative Plan To Regain Dollar Peg
by adminby adminA Terra Classic community member with the X handle Rexyz has kicked against burning USTC tokens to enable the stablecoin to recover…
Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through…
- CryptocurrencyExchangesNews
USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
by adminby adminThe Circle-issued USDC stablecoin regained its peg to the U.S. dollar after falling below the $1 value it was supposed to hold…
- AltcoinCryptocurrencyNews
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
by adminby adminThe panic caused due to USD Coin’s (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000…
Circle’s stablecoin USD Coin (USDC) is climbing back to its $1 peg following confirmation from CEO Jeremy Allaire that its reserves are…
USDC, a stablecoin linked to the dollar, lost its peg to the U.S. currency amid a surge of investor withdrawals after its…
- CryptocurrencyICONews
Arthur Hayes Proposes Bitcoin-Backed NakaDollar, Which Would Rely on Exchanges to Maintain Dollar Peg
by adminby admin“We, the crypto faithful, have the tools and the organisations needed to support $1 trillion or more worth of NakaUSD outstanding,” Hayes…