Tron launches its own stablecoin
April 22, 2022
The stablecoin market is welcoming a new player. Tron is launching its own stablecoin: USDD. As of May 5, 2022, the algorithmic stablecoin will go live. The news comes barely two weeks after NEAR announced it will also launch its own stablecoin. The stablecoin market has grown by hundreds of percents in the last two years to approximately $180 billion.
Terra is adding Avalanche to its UST reserve
April 8, 2022
TerraUSD (UST) is the most important factor contributing to the success of Terra which became some sort of backbone in the Defi economy. The most recent moves of Terras founder Do Kwon and the Luna Foundation Guard have already turned some heads. How is Terra adding AVAX to its UST reserve? How much did they buy? And what is going to be the impact of that decision?
In development: stablecoins on Bitcoins Lightning network
April 6, 2022
The Lightning network already enables fast and cheap payments with Bitcoin. Now Lightning Labs wants to build a protocol that enables cheap stablecoin transactions.
Terra is buying Bitcoin and LUNA sets an all-time high
March 29, 2022
Some say that Do Kwon is singlehandedly pumping Bitcoin’s price up by buying BTC. Others just believe that earning 19 % interest on UST deposits using the Anchor protocol is just enough to tackle this year’s inflation. In any case, the LUNA token set an all-time high today and it is remarkable what this particular protocol achieved so far. Why is Terra building a BTC reserve? And what is driving LUNAs price up, despite the market is still going through difficult times?
Major updates about Bitcoin adoption
March 25, 2022
As the price of Bitcoin slowly but surely moves up, good news continues to pour in. Some less positive news has also been dripping in the last couple of days. But at least there is talk of crypto all around the world! We list some updates about adoption, starting with the good news from Terra.
The 22 million dollar bet on LUNA's price
March 17, 2022
The success story of Terra (LUNA) also arouses suspicion - or envy? One skeptic decided to challenge Terra's founder, Do Kwon, on Twitter: I bet you 1 million that LUNA's price will be lower in a year than it is today. Do Kwon accepted the bet. Not long after, the stakes were raised with another 10 m. Get your popcorn!
Instagram is introducing NFTs but which blockchain will win the race?
March 16, 2022
In January 2022 it became clear that the stablecoin Diem and the Diem association would fail. But since the company behind Diem has a strong view on the Metaverse it comes to no surprise that Marc Zuckerberg announced that Instagram is going to adopt NFTs. Why is this so bullish? And which blockchain will be adopted by Meta?
Regulation of stablecoins coming: will the banks get it on a silver plate?
January 28, 2022
A political game has been playing out for a while now around which US institutions and companies will have power over the part of the crypto market that is seen as the biggest threat by the US government: stablecoins.