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Celo hopes to invest $340m stablecoin asset backing in rainforests

Today the Celo blockchain announced the Climate Collective to tokenize rainforests and other similar assets. Over the next four years, it's proposing to invest as much as 40% of the Celo reserve, which underpins the Celo dollar and Euro stablecoins in tokenized rainforests. Celo's cryptocurrency has some high profile investors.

Oct 06, 2021 by Ledger Insights - Enterprise Blockchain
Crypto News
Crypto Crime Cartel: Tether using its stablecoin scam to exploit El Salvador

No matter what you believe about USDT-Tether-it is beyond question that the stablecoin has become integral to the digital asset industry. It's the most-traded digital asset by a significant margin, and the network of exchanges surrounding Tether hold significant amounts of USDT.

Jun 17, 2021 by CoinGeek
Crypto News



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