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August 17, 2022

Assets News

About crypto in few words

Category: Stablecoin

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Stablecoin

Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value

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News

Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers

The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if

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El Zonte Capital

Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding

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euro coin (EUROC)

Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments

On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with

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Euro

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth

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News

Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO

On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem

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DOLA

Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades

During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding

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Paxos Standard

Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers

Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services

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decentralized autonomous organization

100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from

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Stablecoin

Crypto Exchange Bitso Launches Remittance Service in Colombia

Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now

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