Tagged: daniel shin

Emin Gün Sirer, CEO of Ava Labs, Says Don’t Worry About UST Losing Dollar Peg, Bullish Once Dust Settles

There has been a certain amount of panic and a large amount of discussion regarding UST (TerraUSD), an algorithmic stablecoin ostensibly pegged to the US dollar, losing its one-to-one valuation. Currently, UST is recovering trading around $0.9273 but in the past 24 hours, UST traded… Read More

Payment Solution CHAI Raises $45 Milllion in Round Led by SoftBank Ventures Asia and B Capital.

CHAI, a digital wallet and payment service provider including credit cards, e-wallets, and wire transfers, has raised $45 million in a Series B+ funding round led by SoftBank Ventures Asia (SBVA) and B Capital. Other investors participating in the round include KT Investment, Conductive Ventures,… Read More

Kakao Ventures Backs Blockchain based Payment Platform & Stablecoin Terra

Blockchain-based payment platform Terra has received an investment from VC Kakao Ventures – an independent subsidiary of South Korea’s internet firm, Kakao. The amount of the investment was not disclosed but was said to fund the expansion and mainstream usage of Terra’s blockchain payment solution… Read More

Terra Unites with Fantom to Accelerate Mainstream Stablecoin Adoption

Terra, a project building the next-generation payment system based in Singapore and Korea,  has partnered with South Korean based Fantom, a DAG-based smart contract platform for real-time cryptocurrency payments, to accelerate the mainstream adoption of its stablecoin. Terra and its alliance of eCommerce partners will… Read More

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