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TrustToken Inc. Launches Hong Kong Dollar-Pegged Stablecoin TrueHKD

TrustToken Inc. , the company behind the TrueUSD (TUSD) stablecoin has launched a new digital token pegged one-to-one with the Hong Kong dollar, reports Crowdfund Insider, June 24, 2019. TrustToken Enters the Asian Waters In a bid to tap into the lucrative Asian digital currencies space, TrustToken has launched the world’s first digital token pegged toRead MoreRead More. дальше »

2019-6-25 19:00


TrustToken launching its first Asia-based stablecoin: TrueHKD

TrustToken, a digital stablecoin provider, today announced it is launching its first stablecoin pegged to an Asian currency, the Hong Kong dollar. The new stablecoin, TrueHKD, is fully backed by Hong Kong dollars and is launching with the support of Hong Kong-licenced digital asset custody provider Legacy Trust. TrueHKD is now available for purchase in […] дальше »

2019-6-25 02:55


Are Bitcoin [BTC] & Tether [USDT] joined at the hip?

Bitcoin [BTC], the largest cryptocurrency in the market, and Tether [USDT], the largest stablecoin in the market, were initially pegged on opposite ends of the spectrum. The king coin is rightly considered to be the beacon of decentralized currency, completely detached from the fiat world, one which the cryptocurrency industry aims to eventually move away […] The post Are Bitcoin [BTC] & Tether [USDT] joined at the hip? appeared first on AMBCrypto. дальше »

2019-6-12 16:30


Facebook Exec Confirms New GlobalCoin Stablecoin Will Be Linked To A Variety Of Currencies

Facebook Exec Confirms New Stablecoin Will Be Linked To Multiple Currencies The details surrounding the upcoming GlobalCoin from Facebook have been minimal. However, when the head of financial services and payment partnerships for Northern Europe, Laura McCracken, spoke with a German business magazine this week, she said that the stablecoin would not be pegged to […] дальше »

2019-6-7 21:51


Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin

It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block. дальше »

2019-5-22 11:12


Coinbase’s Brian Armstrong gets called out for shilling USDC coin after Bitfinex/Tether episode

The significance of stablecoins has been a hotly debated topic in the crypto community, splitting the opinions of major crypto-proponents across the board. The recent Tether/Bitfinex episode raised many questions about Tether’s status as a dependable stablecoin, since the virtual asset lost its 1:1 pegged valuation against the US Dollar, for a while. дальше »

2019-5-2 11:55


Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk

The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million. дальше »

2019-5-1 19:30


CredEarn Program By Cred Offers TrustToken Holders Of TrueUSD Stablecoin Up To 8% In Interest

CredEarn Program Offers Holders Of TrueUSD Stablecoin Up To 8% In Interest Holders of TrueUSD (TUSD), a stablecoin that is pegged to the U.S. dollar can invest the cryptocurrency with Cred, a crypto lender who has partnered with TrueUSD's developer, TrustToken to enable its investors to earn 8 percent in annualized returns, according to reports […] дальше »

2019-3-26 21:14


USDDex Company: Safe to Use ERC20 StableCoin Pegged to the US Dollar?

What Is USDDex? USDDex is a New Stablecoin based on Ethereum ERC-20 standard. It provides users with decentralization, security, stability, and reliability in the volatile cryptocurrency market. The stable coin is pegged to the US dollar, thus providing traders with the opportunity to change their money into cryptocurrency without the risk of price fluctuations, as is […] дальше »

2019-3-21 11:42


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New ERC-20 Stablecoin Generates up to 45% Profit to Crypto Investors

USDDEX, a Japan-based blockchain project, has announced that the token sale event for its USDDEX decentralized ERC-20 standard stablecoin reportedly pegged at 1:1 with the United States dollar will begin on March 19, 2019, and there’s a 45 percent bonus for all contributors, according to a press release shared with BTCManager on March 18, 2019. дальше »

2019-3-19 20:00


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The Next Big Innovation in Crypto Trading: Delta Exchange’s Stablecoin-settled Futures

Speculation still remains the number one use case for cryptocurrencies. The launch of stablecoins, especially USDT, led to an explosion in spot crypto-to-crypto trading. Delta-Exchange believes that its USDC (a Circle backed stablecoin pegged to the US Dollar) settled futures will have similar impact on the leveraged or margin trading of cryptocurrencies such as bitcoin. дальше »

2019-2-12 10:53