Within the ever-evolving cryptocurrency landscape, GYEN crypto emerges as a significant innovation reshaping decentralised finance. Developed by GYEN Labs and launched in 2018, this stablecoin operates on the Ethereum blockchain, offering users a secure alternative for financial transactions, bypassing the traditional banking system.
JoyThe primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
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Coinlive Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.
CointelegraphThe U.S. company Circle is launching a regulated stablecoin that is pegged to the euro, but what does this mean for the eurozone?
CointelegraphTether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment.
CointelegraphThe E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free.
CointelegraphThe announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region.
CointelegraphFollowing the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents.
CointelegraphAlthough USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.
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