Aave suspends stablecoin trading on v3 Avalanche
In response to recent stablecoin price volatility, Aave has stopped trading stablecoins and set the loan-to-value (LTV) ratio to 0. The trading halt, according to Aave’s governance forum, follows a report from decentralized financial risk management firm Gauntlet Network that suggests all v2 and v3 markets should be momentarily halted. One forum user made the […]
5 Economic Reasons to Sell Your USDT in Dubai
The United Arab Emirates is a country that is well known for its luxury and extravagance. However, it is also a country that offers great opportunities for business owners. If you are looking for a place to sell your USDT holdings, Dubai is the place to be! In this blog post, we will discuss 5 […]
Membrance Finance launches regulated Euro stablecoin
According to Membrance Finance, EUROe is the first “EU-regulated full-reserve stablecoin and payment network” in Europe. According to a press release on the EUROe website, Finland-based fintech company Membrance Finance launched EUROe on February 2. It bills itself as the first stablecoin and payment network to be governed by the EU. As stated in the […]
National Australia Bank launches AUD stablecoin
National Australia Bank has developed AUDN, a stablecoin that enables business customers to settle transactions in Australian dollars. The National Australia Bank (NAB) will be the second of the “Big 4” Australian banks to launch an Australian dollar-pegged stablecoin on the Ethereum network. According to an Australian Financial Review report from January 18, the AUDN […]
Vader Will Shut Down Stablecoin USDV
The app that produces stablecoin Vader Protocol US Dollar (USDV) will be shut down, according to a Dec. 29 announcement from its developers. Similar to the defunct Terra network, the Vader protocol was an algorithmic stablecoin network. To maintain USDV at $1, arbitrages were intended to be encouraged. The Vader team suspended the mint feature […]