Maker, now Sky’s, new stablecoin lashed over ‘freeze function’
The new USDS stablecoin from Maker, now Sky, has a freeze function which the project’s founder claims won’t be part of the token at launch.
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The new USDS stablecoin from Maker, now Sky, has a freeze function which the project’s founder claims won’t be part of the token at launch.
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT.
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO […]
Tether teams up with UAE’s Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances.
Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion.
Tether’s USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees.
The financial services company has managed the Treasury portfolio for stablecoin issuer Tether since 2021.
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
