Altcoins

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

Coins Legend June 14, 2022 0

Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows

Altcoins

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

Coins Legend June 12, 2022 0

Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from the stablecoin market, stablecoins themselves represented 9.35% […]

Altcoins

Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network

Coins Legend June 8, 2022 0

Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology. Circle Reveals Polygon-Supported USDC Circle has revealed that usd […]

Altcoins

2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months

Coins Legend June 6, 2022 0

15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen […]

Altcoins

Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

Coins Legend May 22, 2022 0

The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s […]

Altcoins

Finder’s Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030

Coins Legend May 19, 2022 0

A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.” SHIB’s Price Prediction Leading price comparison […]