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Cardano’s New Algorithmic Stablecoin Djed Launched On The Public Testnet

The Coti Team is happy to say that the public Testnet version of Djed is now available after months of hard work with the Cardano team. What Is Djed?Djed is a decentralized algorithmic stablecoin that is created on top of the Cardano blockchain technology. Using a...

The United Nations receives the first stablecoin contributions totaling $2.5 million to assist Ukrainian refugees

The United Nations High Commissioner for Refugees (UNHCR), a UN refugee agency, has received its first-ever crypto stablecoin contributions for humanitarian help to Ukrainians fleeing the country's turmoil. Stablecoin Contributions from Binance Binance Charity donated $2.5 million in Binance USD (BUSD) stablecoins to UNHCR, which will...

It looks like Lightning Labs is planning for a Stablecoin On Bitcoin

Elizabeth Stark, the CEO of Lightning Labs, has announced the creation of Taro, a new Lightning Network protocol intended to support stablecoins. Taro is the first of its kind. As part of its Series B financing, Lighting Labs raised $70 million from investors such...