MakerDAO Keeps USDC as Primary Collateral for Dai
Since there is a possibility of hazards being linked with USDC, the MakerDAO Risk Core Unit recently proposed the notion of diversifying the collateral for Dai. This suggestion was made…
Binance-Backed WazirX Exchange to Delist USDC, USDP & TUSD
Indian cryptocurrency trading platform WazirX has announced it will be delisting USD Coin (USDC), USDP, and TUSD in a move that is similar to its so-called parent company, Binance Exchange.…
Bank of America Says Binance to Benefit from Increased Supply of Its Own Stablecoin
Bank of America (BAC) has talked about the recent decision by the Binance exchange to convert all existing user balances and future deposits of three stablecoins USD coin (USDC), trueUSD…
Binance to Convert Users’ USDC Into Its Own Stablecoin
Binance cryptocurrency exchange announced on Monday that it has introduced “BUSD Auto-Conversion”. The latest program will, therefore, allow customers to convert any existing user balances and new deposits of four…
Facebook Taps Coinbase to Offer Custody Services for Novi Digital Wallet Rollout
On Tuesday, October 19, Facebook Inc announced that it has launched its new digital wallet for crypto assets called Novi and has hired Coinbase cryptocurrency exchange to be its custody…