“WormholeOracle” proposed reducing the upper limit on TUSD backing for crvUSD to zero, meaning that TUSD tokens can no longer underpin crvUSD if the proposal is passed. They also recommended reducing the minting capacity of crvUSD with PayPal’s stablecoin, PYUSD, from $15 million to $5 million, aiming for a more balanced reliance on different collateral assets.
Bitcoin’s short-term onchain momentum has weakened, but long-term demand remains solid, according to the latest Cryptoquant report, indicating that the...
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Ripple’s acquisition of Hidden Road to form Ripple Prime propels XRP and RLUSD to the forefront of institutional finance, merging...
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Key Takeaways:Kyrgyzstan has officially launched its national stablecoin and central bank digital currency (CBDC) on the BNB Chain, marking a...
