Decentralized USD (USDD), the algorithmic stablecoin of the TRON blockchain
Decentralized USD (USDD) is an algorithmic and decentralized stablecoin on the TRON blockchain. Collateralized by the TRX and reminiscent of a certain Terra USD (UST), this stablecoin was created to offer a decentralized and interoperable alternative taking advantage of the TRON ecosystem. Focus on a project which, as soon as it was announced, aroused curiosity […]
Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens
Taiwan, Taiwan, April 20th, 2023, Chainwire Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX […]
TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan’s Analysis
Geneva, Switzerland, August 8th, 2023, Chainwire In-depth reports on the performance of TRON and USDD in 2023, published by renowned blockchain analytics firms Messari and Reflexivity have recently been published. Messari’s Analysis: TRON’s Q2 2023 Performance Messari’s report highlights TRON’s substantial growth across various performance metrics. Growth in Network Activity: The report observes TRON’s daily […]
OKX Wallet Launches Account Abstraction-Powered ‘Smart Account’ Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains
Singapore, Singapore, August 2nd, 2023, Chainwire Additional account abstraction capabilities, including a social recovery feature, will be rolled out at a later date OKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using […]
What is Liquity USD (LUSD)? – How to Use and Buy it?
What is Liquity USD (LUSD)? Liquity USD (LUSD) is a USD-pegged stablecoin that operates within the Liquity protocol. It is designed to serve as a stable and reliable means of payment for loans on the Liquity platform. It is redeemable at any moment for face value using the underlying collateral. You must register a Trove […]
What is USDJ (USDJ)? How to Buy and Use It
USDJ is a stablecoin on the TRON network pegged to the US dollar. It operates through decentralized smart contracts and collateral assets, enabling users to pledge TRX as collateral to generate USDJ. The stability of the coin is maintained through Collateralized Debt Positions (CDPs) and autonomous feedback mechanisms. The primary objective of project is to […]
Tether Launches USDt On Kava
Cayman Islands, Cayman Islands, July 6th, 2023, Chainwire Native USDT unlocked on Cosmos. Tether’s USDt, the world’s most liquid, secure, and transparent stablecoin, has successfully launched on Cosmos via Kava, marking a significant milestone in the expansion of the Cosmos DeFi ecosystem. The integration of Tether’s USDt on Kava makes deep stablecoin liquidity across Cosmos’ […]
The First Real World Asset Product stUSDT Launches on the TRON Blockchain
Geneva, Switzerland, July 4th, 2023, Chainwire Today, the TRON ecosystem welcomes its first Real World Asset (RWA) product, stUSDT, which is operating through the decentralized platform JustLend. TRON founder and member of Huobi’s global advisory board, Justin Sun, has voiced his belief that stUSDT will evolve into the crypto version of Alipay’s Yu’e Bao, a […]
ERD DeFi Lending Platform and USDE Stablecoin Unveiled at EDCON 2023
Podgorica, Montenegro, June 9th, 2023, Chainwire At EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced their innovative decentralized lending platform and USDE stablecoin to the industry. ERD is a lending platform that allows users to borrow USDE, a USD-pegged stablecoin native to the platform, using liquid staking derivatives (LSDs) and blue-chip DeFi […]
Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network
Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. This groundbreaking development marks a critical milestone in […]