News about Stablecoins

by COINS NEWS - 2 months ago

Why are crypto ponzis always related to new stablecoins.

A long post by @du09btc Buy 1 ETH for $3,000 Stake ETH into stETH Turn stETH into wstETH Use wstETH to mint mkUSD Use mkUSD to borrow more ETH Stake ETH into stETH... This is how you create magic money and turn 3k into 30k. You double, triple,...

by COINS NEWS - 2 months ago

Illegal stablecoins in Europe after MiCa?

Hello! Currently it looks like big exchanges in Europe would have to delist stablecoins that are issued by institutes without EMI (E-Money Institution) license, after MiCa regulations will kick off in the EU in April. Cercle (USDC) is currentl...