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Advantages and Disadvantages of VNST

VNST is a stablecoin tailored to the Vietnamese market. In this article, we delve into the details of VNST's advantages and limitations.

2024-03-27

VNST

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The first Fiat-backed Stablecoin of Cardano officially launched.

Cardano, a Layer 1 smart contract platform, has introduced Mehen's USDM - a stablecoin backed by fiat currency. This marks a significant step in expanding Cardano's ecosystem and fostering diversity in the stablecoin market on this platform.

2024-03-20

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MakerDAO raises fees to stabilize the DAI stablecoin.

Recently, MakerDAO has implemented temporary adjustments to its protocol in response to market fluctuations. These adjustments are primarily aimed at ensuring the stability of the DAI stablecoin while maintaining a strong relationship with the US dollar.

2024-03-19

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USDT reaches a historic milestone with a market capitalization of $100 billion.

The world's largest market-capitalized stablecoin, Tether's USDT, has set a new record by surpassing the $100 billion market capitalization threshold.

2024-03-12

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Stablecoins surge by $1.7 billion in February

As of the beginning of February 2024, the stablecoin has undergone a significant expansion, with growth amounting to $1.7 billion.

2024-03-08

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The market capitalization of Stablecoin surged to $138 billion in 2024

According to CCData's report, one of the leading providers of digital asset data, the market capitalization of stablecoins reached $138 billion in 2024.

2024-03-06

stablecoin

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The US regulatory authority implements certain controls over the Tether Stablecoin.

The U.S. regulatory agency is currently exerting control over certain activities of the Tether stablecoin issuer. New regulations focusing on transparency and enhanced compliance with anti-money laundering standards are being implemented.

2024-02-26

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The World Bank identifies XRP as a stablecoin

The World Bank has classified XRP as a stablecoin for cross-border payments, and this information has recently resurfaced within the cryptocurrency community.

2024-02-26

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Solana records a massive transaction volume of up to 300 billion USD in January

The recent surge in Solana's stablecoin trading volume has set a new record in the crypto industry, reaching a total volume of up to $300 billion.

2024-02-05

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The United States may enact stablecoin rules in 2024

The CEO of Circle is confident that 2024 will be the year the United States will enact legislation on stablecoins.

2024-02-01

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The Potential of Stablecoins in 2024

2024 promises to be a significant period for the cryptocurrency market, especially for stablecoins.

2024-01-29

News

stablecoin

VNST

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Paxos expands to Solana - Should VNST make the similar move?

On December 23, 2023, Paxos officially announced it became a multi-chain stablecoin issuer with the expansion of USDP to Solana

2024-01-05

News

stablecoin

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Bitcoin Halving 2024 - "Uptrend" will recur?

All of the data points in the same direction: Bitcoin and cryptocurrency market is highly likely to enter a super bull cycle in 2024.

2023-12-15

education

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Tether (USDT) minted 4 billion dollars in November - How will it impact the market?

In the past month, Tether has released a staggering 4 billion USDT, representing nearly 18% of the total circulating supply in 2023

2023-12-14

stablecoin

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VNST: OFFICIAL SPONSOR FOR WINTER IDEATHON

VNST is honored to announce that we have become the official sponsor of the Winter Ideathon event, organized by Web3 Space. This marks a significant milestone in the collaboration between VNST, the first decentralized stablecoin in Vietnam, and the blockchain community in Vietnam. What is the Winter Ideathon? The Winter Ideathon is an exciting competition organized by Web3 Space. This unique event aims to encourage creativity and generate new ideas in the field of Web3. Whether participants a

2023-11-29

News

Update

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Coinbase introduces perpetual futures trading

Coinbase Advanced has expanded its offerings to include perpetual futures trading for its non-U.S. retail traders. Coinbase, a leading cryptocurrency exchange, has unveiled perpetual futures contracts for its retail customers located outside the United States and the United Kingdom. This development allows users to engage in futures contracts on major crypto, including Bitcoin, Ethereum, Litecoin, and XRP. What sets these contracts apart is that they are settled in USDC, a stablecoin that maint

2023-10-19

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How to secure your Web3 Wallet?

As the world embraces the rise of Web3 and the limitless possibilities it offers, it’s crucial to be aware of the potential risks that come with it. From cyber scams to wallet hacks and other vulnerabilities, safeguarding your crypto assets is important, especially when using them for real-world transactions, such as paying for rent, sending money to family and friends, or paying salaries to your employees. Whether you’re a beginner or a seasoned crypto enthusiast, staying informed about the be

2023-10-12

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Anti-Money Laundering (AML) & Counter Terrorism Financing (CTF)

AML (Anti-Money Laundering) and CTF (Counter-Terrorism Financing) are two terms commonly heard in the fields of finance and cryptocurrency. These are important measures that VNST adheres to in order to prevent money laundering activities and combat the financing of terrorism. AML: Anti-Money Laundering AML stands for "Anti-Money Laundering," which is a set of regulations and measures established to prevent money laundering activities. Money laundering is the process of disguising the illegal

2023-09-12

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education

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FDUSD - HongKong based Stablecoin live on Binance

Hong Kong-based First Digital Group announced on July 26 that its stablecoin, First Digital USD (FDUSD), has been listed on Binance, the world’s largest cryptocurrency exchange by volume. The FDUSD is backed 1:1 with “high-quality cash and cash equivalent reserves,” according to a press release, and it is redeemable 1:1 for an equal value in U.S. dollars. These reserves are held in regulated financial institutions’ segregated accounts and monitored and audited by independent third parties. FDUS

2023-08-30

News

stablecoin

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Misconception about Stablecoins

Stablecoins have appeared in the cryptocurrency market for a long time, revolutionizing the Crypto world and becoming the main means of payment for most users. However, there are still many people who do not really understand the mechanism of Stablecoins and how they operate due to the rapid development and constant change of the cryptocurrency market, creating difficulty keeping up with information and misinformation. Let's take a look at misconceptions about Stablecoins that you may have. Al

2023-08-30

stablecoin

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