Last week saw the de-pegging of yet another stablecoin. Terraform Labs’ stablecoin TerraUSD (UST) depegged from the USD and hit $0.29 at one point. A further decline in the days following the initial depeg saw UST trading as low as $0.03 at one point. With a market cap of approximately… Read More
Put your crypto to work by staking it through XREX Earn. What is XREX Earn? XREX Earn is a simple way to stake your crypto holdings and earn a recurring yield on them. What’s new with XREX Earn? We’re delighted to announce XREX Rewards, a program through which users can participate in centralized… Read More
We asked, you answered, we delivered. Following the recent poll wherein we asked our users, which new tokens they would like us to list on XREX, many were in favor of Solana (SOL), Polkadot (DOT), Maker (MKR), and Chainlink (LINK). We’ve been following new token ecosystems developing over the years… Read More
On February 21, Tether issued its latest quarterly assurance opinion. The USDT issuer announced that its reserves now exceeded its liabilities. This should have eased concerns over Tether’s ability as the single arbiter of the world’s largest stablecoin in market cap. Instead, it was met with mixed reviews, with some… Read More
Cryptocurrencies are volatile; there is no limit to price soar and plunge, and the market runs 24/7/365. In November 2021, we witnessed Bitcoin hitting its highest — over $68,000 — it fell to almost 50% of that in January 2022 which led the entire market into a bearish mode. Such volatile characteristics in cryptocurrencies… Read More
XREX is pleased to announce our new feature Earn today, which enables XREX users to start DeFi staking with USDT and earn recurring income. Check out the Wallet page on the XREX platform and start receiving your rewards on a daily basis. Best Security and Minimized Risk By staking through… Read More
In 2014, the first stablecoin Tether (USDT) was introduced. Stablecoins are the answer to the traditional financial system for payments and remittances. You might have seen headlines and articles stating how the US has printed almost 80% of all its USD in existence since January 2020, and how much the… Read More
If you are told that there are ways you can get the same exchange rate or better rates as shown on xe.com or Google when you want to transfer Australian Dollars (AUD) to Indian Rupees (INR), would you believe it? If that sounds too good to be true, don’t fret,… Read More