Terra Allies’ Six Samurai team aims to revive the ecosystem
The Terra Allies senior full stack engineering team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as Luna Classic holders.
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The Terra Allies senior full stack engineering team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as Luna Classic holders.
An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral.
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust.
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins.
The top 100 DeFi tokens had another bearish week, with the majority of tokens trading in the red.
The stablecoin pool ideally has a weightage of 33.3% of USDT, USDC and DAI; however, on June 15, the USDT weightage rose above 70% in the pool.
The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion.
The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice.
The draft bill is set to go before the House Committee for discussion on June 13, and if approved by the House and the Senate, it could become the first…
The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com.