Stablecoins (29)

Formerly known as USD Coin, USDC has successfully established itself as one of the go-to stablecoins in the crypto space. Despite launching four years later than its biggest stablecoin competitor, USDT and USDC are often compared to this day. While Tether's stablecoin (USDT) has the largest market c

Getting your crypto project listed on a major exchange like OKX can be an important milestone, and we want to make sure you're equipped to approach this process in the right way. This guide aims to demystify the listing process, offering a set of essential dos and don'ts. From the importance of a we

Keep up with the top industry updates as we present biweekly market insights that are important to investors in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at one top-of-mind issue in this installment: How these three key market drivers present

What's your strategy for crypto trading pairs? In the crypto space, trading pairs are fundamental. They allow traders to exchange one cryptocurrency for another, often pairing a dominant currency, like Bitcoin or Ethereum, with many others. While it can be daunting to trade crypto pairs, our Dual In

There’s more to crypto than Bitcoin and Ethereum. Just ask USDT, USDC, and DAI, the three largest stablecoins. Together, these three stable assets represent over 10% of the total market capitalization of the digital assets economy. Their importance in the ecosystem is underscored by their ubiquity i

You’ll often see crypto projects talk about ‘burning’ coins, but what is the practice and why does it happen? In short, cryptocurrency burning refers to the process of permanently removing a specific number of tokens from the supply in circulation. The act of burning tokens is permanent, meaning the

In recent weeks, the crypto world has been abuzz with a series of notable developments: ✅ XRP aims for expansion and growth ✅ Curve DEX faces malicious hack, losing over $52M ✅ Worldcoin makes its debut with mixed community reactions Staying informed of critical projects like XRP, Worldcoin, and C

Stablecoins act as a bridge between traditional fiat currencies and cryptocurrencies, offering the conveniences of digital currency without the notorious price volatility. In this article, we'll introduce stablecoins as a concept, their role in decentralized finance, and how they can be used to doll

Ethereum’s network is the home to a wide range of unique projects. Ever since it created the ERC-20 token model, thousands of tokens have been launched. In time, new products have emerged as well, such as dApps, decentralized finance (DeFi) protocols and decentralized exchanges (DEXes). One exampl

Crypto users who want to be able to access the price stability of the U.S dollar (USD) can get it either through: Direct banking access, by depositing and withdrawing traditional currency Indirect banking access, by converting some of their holdings into stablecoins Both require some sort of banki

Keep up with the top industry updates as we present biweekly market insights that are important to investors in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at one top-of-mind issue in this installment: How the tightening of the U.S. money supply

Cryptocurrencies like Bitcoin are volatile compared to the relatively stable prices of fiat currencies, like the U.S. dollar, or other assets, like gold. Stablecoins were created to provide price stability since they are pegged to a reserve asset like the U.S. dollar or gold. This significantly low

Launched by a Decentralized Autonomous Organization (DAO) named MakerDAO in November 2019, Dai (DAI) is a crypto-collateralized stablecoin that's soft-pegged to the US Dollar at a 1:1 ratio. DAI is issued through an Ethereum-based decentralized application (DApp) named the Maker Protocol. Every unit

Stablecoins like USDC, USDT and BUSD offer a measure of price stability in a market where volatile cryptocurrencies are the norm. As an asset class, stablecoins can serve as a store of value and a reliable way for investors to remain in crypto at lower risk. For many newbies, fiat-backed stablecoin

Decentralized finance (DeFi) has taken the crypto world by storm, with lending platforms emerging as popular use cases. Two of the most well-known lending platforms in the DeFi space are Aave and Compound. So how do Aave and Compound compare? Aave and Compound allow users to lend and borrow various

USDT, also known as Tether, is a stablecoin that's pegged to the value of the US dollar. It operates on multiple blockchain networks including Ethereum, Tron, Algorand, Solana, and Bitcoin's Omni Layer Protocol and is issued by the company Tether. At the end of 2023, USDT was the third largest crypt

An exploration of one of 2021’s most hyped DeFi protocols and its ambitions to become a decentralized reserve currency It’s been called a Ponzi scheme by doubters, a liquidity black hole by analysts and a potential future reserve asset by the team behind it. OlympusDAO, with its heavy meme culture,

As their name suggests, stablecoins are (theoretically) a less volatile form of cryptocurrency. This stability comes from being pegged to a fiat currency such as the US dollar or a commodity like gold. Because the coin's price tracks the price of its 'peg', its value is generally more stable than co

JazzCash is a mobile financial services company in Pakistan that offers its consumers a variety of services. It is a collaboration between Mobilink Microfinance Bank and Jazz, Pakistan's biggest mobile network operator. JazzCash was launched in 2012 and has since grown in popularity. Customers m

Tether is a stablecoin that is pegged to the value of a specific asset, in this case, the US Dollar. It is designed to maintain a stable value and minimize the volatility often associated with cryptocurrencies. USDT is issued by Tether Limited, a company that claims that each USDT token is backed by

36% plagiarized Raast is Pakistan's real-time gross settlement (RTGS) system that enables electronic interbank funds transfers. The State Bank of Pakistan (SBP) introduced it in 2020 to digitize the country's payment infrastructure. The platform utilizes state-of-the-art technologies such a

Tether is a cryptocurrency designed to be used as a stablecoin, meaning that it is intended to maintain a stable value relative to a specific asset or basket of assets, in this case, the US Dollar. This can make it a valuable tool for several different purposes. For example, USDT can be used as a me

OKX believes crypto should work for everyone. We are committed to growing the crypto-economy and accelerating mainstream adoption. Which is why we just introduced brand-new USDC contract products that pair with some of the most widely-used tokens such as BTC/USDC-perpetuals. Transcription Introduc

The total cryptocurrency market capitalization is up more than 2% off the back of a 1.5% increase in the price of BTC — which institutional investors are apparently buying via market makers — and a 2.5% increase in the price of ETH. Despite the marketwide increase, LUNA continues to hemorrhage v