Binance announced that as of 11:00 (UTC + 8) on January 15, 2025, it will remove 10 borrowable assets from the pledged debit (demand rate) product, including BANANA, GNS, ONE, KDA, LQTY, LPT, PORTAL, TRB, VIB and PYR. Existing pledged debit demand rate orders will not be affected until the user completes the repayment of the loan order.
CKB Eco Fund posted on the X platform that the over-collateralized stablecoin protocol Stable ++ has been launched on the CKB mainnet and will implement the following functions: Generate RUSD stablecoins by over-collateralizing BTC and CKB. The first over-collateralized stablecoin on CKB for the Bitcoin and RGB ++ ecosystems. The CKB Lightning Network and BTC Layer 2 Network will be supported in the future.
In response to The Block's report on Sun's withdrawal of BTC collateral from USDD, Sun responded on the X platform: "USDD is a decentralized stablecoin protocol that has nothing to do with anyone's name, just like Satoshi Nakamoto created Bitcoin, but Bitcoin does not belong to Satoshi Nakamoto." Previously, Tron DAO Reserve on Wednesday withdrew about $750 million worth of bitcoin, which was previously used to support the USDD stablecoin. Tron founder Justin Sun said users need not worry, expla...
On August 7th, Monroe, a decentralized full-chain multi-collateral stablecoin protocol, said in a post on X that it has integrated a new collateral on the Avalanche network: HiYield's hyTB (US short-term Treasury bills), which is the first integration since audit firm Veridise completed its V2 audit of Monroe. This means that holders of hyTB can now deposit hyTB into Monroe and mint roeUSD.