Emirates Airlines, UAE’s leading airline, said it has plans to add “Bitcoin as a payment service,” the company’s chief operating officer (COO), Adel Ahmed Al-Redha, said. In addition to the company’s disclosed NFT and metaverse plans, the airline is also planning to hire personnel to create applications that monitor client needs. As part of…
Tether (USDT), the world’s largest stablecoin, regained its peg to the US dollar on Friday after more than $3 billion worth of tokens left the system in a single day. On May 12, the stablecoin sunk as low as 95 cents and struggled to climb back to its intended dollar peg, as the recent collapse…
Tron founder Justin Sun kept his promise and introduced the project’s own algorithmic stablecoin, designated USDD. The unique thing about the new token is that it is backed entirely by cryptocurrency. There seems to be a new trend going around. The moment Terra launched its UST stablecoin (having issued over $18 billion), the Tron blockchain…