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Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [ 3 ] [ 4 ] It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC).
An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated with the launch of a new cryptocurrency or a DeFi protocol, primarily as a way of gaining attention and new followers, resulting in a larger user base and a wider disbursement of coins. [1]
In August 2023, Circle and Coinbase dissolved the Centre Consortium, the entity responsible for managing USDC since 2018. This decision granted Circle full governance over USDC. [14] In February 2024, Circle discontinued USDC on the TRON blockchain following a risk management review. Although the minting of new USDC tokens halted on 21 February ...
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Coinbase Global on Thursday announced a new Layer 2 blockchain called Base.Initially incubated inside the company, the protocol is intended to improve data processing and transaction costs across ...
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The XRP Ledger (XRPL), [1] [2] [3] [4] also called the Ripple Protocol, [6] is a cryptocurrency platform launched in 2012 by Ripple Labs.The XRPL employs the native ...
Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]