BVCI Launches Second Stablecoin, This Time USD-Pegged CUSD

2019-11-11 22:29

On Monday, November 11, a Canadian blockchain firm, Blockchain Venture Capital Inc. (BVCI), announced the launch of their second stablecoin. It is called CUSD and it is pegged against the US dollar.

As per the press release, the stablecoin is designed with the hope that it will be used globally, more specifically for Canadian and […].

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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


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Gemini Exchange Launches Gemini Dollar, a Stablecoin Similar to Tether

In a new blog post, cryptocurrency exchange Gemini announced the launch of its own stablecoin — Gemini dollar. The cryptocurrency is pegged to the US dollar 1:1 and designed as an ERC20 token. Cameron Winklevoss wrote in the post that they intend to bring fiat and cryptocurrency closer by creating a regulated and trustworthy US […] Gemini Exchange Launches Gemini Dollar, a Stablecoin Similar to Tether was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-12 18:59


GoldMint Stablecoin, A Blockchain CryptoAsset Token, To Offer Reliable And Transparent Benefits

There’s a new cryptocurrency created by Goldmint, a subsidiary of Goldman Sachs, and it is bringing stability back to the cryptocurrency industry. Cryptocurrencies are known for the volatility, meaning they're completely unstable, Sachs is looking to change things with Stablecoin, make a coin with a stable exchange rate. The purpose is to have the coin […]

2018-8-6 16:01


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MakerDAO and bZx Announce Partnership to Enable Decentralized Cryptocurrency Trading

bZx and MakerDAO are announcing a partnership where they plan to bring their protocols together, to enable decentralized trading using smart contracts running on the Ethereum blockchain. While bZx is a decentralized margin lending protocol and liquidation oracle marketplace on the Ethereum blockchain, MakerDAO is the firm that developed the Dai stablecoin.

2018-7-26 20:00


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Stronghold and ibm plan to launch FDIC-insured stablecoin

Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. The stablecoin is also purportedly protected by FDIC Insurance, something no other stablecoin or cryptocurrency company — bar Coinbase and Gemini — can claim. As an exchange, Stronghold acts as a Stellar network anchor,

2018-7-18 00:41


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