In the early days, cryptocurrency and traditional fiat currencies were worlds apart, with only thin bridges in the form of private exchanges connecting the two. Everything changed with the emergence of stablecoins like USDT. What is a Stablecoin? Stablecoins represent a category of cryptocurrencies...
Read moreHitBTC became one of the crypto exchanges to add USDD, a new stablecoin issued by TRON DAO Reserve. USDD is a self-stabilized asset based on the incentives mechanisms that allow the price and liquidity to stay at a constant level, so the coin will always keep a $1 value. On HitBTC, it can be traded...
Read moreSeveral big crypto exchanges announced their support for the new Terra token Luna (LUNA). The token will start a new Terra network after the collapse of the previous Terra net caused by the May 7 attack. The attack is mostly associated with the Terra algorithmic stablecoin UST. The very idea of this...
Read moreThe largest by capitalization altcoin came out on top in stablecoin reserves, ahead of the Omni system on which it was originally based. Tether transferred 300 million USDT tokens from Omni to the Ethereum blockchain. Token migration was carried out with the participation of an unnamed third party....
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