US Dollar News
Latest US Dollar News
The TrueUSD (TUSD) stablecoin has temporarily paused its automated attestations due to possible balance discrepancies. The stablecoin project also encountered some glitches last week. TrueUSD (TUSD), a US dollar-backed stablecoin project, has encountered a challenge in its attestation process. The…
BTG Pactual has announced the launch of its dollar-backed stablecoin dubbed BTG Dol. The bank now becomes the first banking institution in the Latin American region to launch a stablecoin.
During the early days of Bitcoin, there wasn’t much (if any) correlation between the cryptocurrency and stock markets. From 2009 to the late 2011’s, Bitcoin started and achieved parity with the US dollar for the first time in February 2011,…
More and more digital investors are skeptical about the crypto crash, prompting them to cash out all their crypto assets. Since the crypto crisis began, investors have reclaimed funds totaling $7.6 billion from the ‘stablecoin’ Tether, according to new data…
Cambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general…
On September 10, 2018, Winklevoss twins’ cryptocurrency exchange Gemini announced the launch of a new stablecoin, pegged by the U.S. dollar, dubbed the Gemini Dollar. “Strictly Pegged” to US Dollars The Gemini Dollar (GUSD) is an infant stablecoin that is…