CoinspeakerFrax Finance’s Strategic Leap into the Cosmos Ecosystem In a significant move for the DeFi space, Frax Finance has announced its expansion into the Cosmos ecosystem, partnering with Noble, the on-chain asset issuance blockchain. Frax Finance’s Strategic Leap into the Cosmos Ecosystem
Read More »S&P Global Ratings Launches Stablecoin Assessment, Slams Tether’s USDT with Negative Review
S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors. The S&P Global Ratings introduced a stability assessment for stablecoins on Tuesday. According to S&P Global, the idea is to determine how truly “stable” the coins are in maintaining their pegs to whatever fiat they are tied to. In total, the producer of the S&P 500 assessed eight stablecoins. They include Dai (DAI), Gemini (GUSD),...
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