TrueUSD (TUSD) Stablecoin Aims to Recover Peg with the Dollar The cryptographic stablecoin TrueUSD (TUSD) is on track to recover its peg with a value of…
TrueUSD Depegged Below $0.97 as FRAX Prepares Ethereum Rollup Launch Over the past 24 hours, TrueUSD, a stablecoin associated with Tron founder Justin Sun, has depegged…
GHO Struggles to Maintain Stability The stablecoin GHO, launched by Avara, has been facing challenges in maintaining its peg to the US dollar. Despite occasional improvements,…
EUR CoinVertible: Société Générale Releases Euro-Pegged Stablecoin Société Générale, the third-largest bank in France, has launched EUR CoinVertible (EURCV), the first euro-pegged stablecoin. This marks a…
Société Générale Launches Euro-Pegged Stablecoin Société Générale, one of France’s largest banks, has entered the stablecoin market by launching its own native euro-pegged stablecoin. Known as…
TrueUSD (TUSD) Stablecoin Depegs Amid Market Concerns The TrueUSD (TUSD) stablecoin has experienced a depegging event, dropping to a low of $0.995. This has been influenced…
Stablecoins Experience Price Instability in 2023 Moody’s Analytics has reported over 600 significant instances of price instability in stablecoins in 2023. A ‘depeg’ or ‘depegging’ event…
Moody’s Analytics Launches Stablecoin Service Using AI Moody’s Analytics has announced the launch of its new stablecoin service, Digital Asset Monitor, which utilizes artificial intelligence (AI)…
Aave’s GHO Stablecoin Struggles to Maintain Dollar Parity Aave’s stablecoin asset, GHO, has been facing challenges in maintaining its peg to the U.S. dollar. Currently valued…
