Aave proposal to peg Ethena’s USDe to USDT sparks community pushback
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
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The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
The stablecoin is also more widely distributed across blockchain networks.
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.
The Swiss Bitcoiners must rack up 100,000 signatures from Switzerland’s 8.92 million residents by June 30, 2026, to trigger a public referendum.
Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March.
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline.
“We are passionate about backing technologies that will prevent censorship and things being shut down,” James McDowall told Cointelegraph.
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable.
Crypto industry executives share with Cointelegraph what they expect for the now $200 billion stablecoin market next year.
