Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.
In a fundamentally important development for the cryptocurrency industry, the US Office of the Comptroller of the Currency (OCC) said today that national banks and federal savings associations are legally allowed to hold the currency “reserves” that back stablecoins.
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DeFi is short for “decentralized finance,” an umbrella term for Ethereum and blockchain applications geared toward disrupting financial intermediaries.
Stablecoin demand in yield farming is breaking dai’s peg. Solutions revolve around USDC and Maker’s version of QE, but will these measures last?
Tether, the company behind the USDT stablecoin, has announced that it has launched its coin on Solana, a blockchain platform that aims to compete with Ethereum.
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