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DWF Labs reveals ‘overcollaterized’ synthetic stablecoin backed by Bitcoin and Ethereum
Prominent crypto market maker DWF Labs has finalized the design of its synthetic stablecoin which would be backed by a mix of digital assets, including Bitcoin and Ethereum. In a Sept. 5 post on X (formerly Twitter), DWF Labs co-founder Andrei Grachev revealed that the synthetic stablecoin would be overcollateralized and backed with fiat stablecoins […] The post DWF Labs reveals ‘overcollaterized’ synthetic stablecoin backed by Bitcoin and Ethereum appeared first on CryptoSlate. дальше »
2024-9-5 18:09 | |
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Tether Hits Back at Critics; Clarifies Once Again That It Holds No Chinese CP as Reserves
Stablecoin issuer Tether took to Twitter on July 27 to clarify that it holds no Chinese commercial paper (CP) on the back of industry rumors that continue to claim its portfolio in the vertical is backed by 85% Chinese or Asian commercial papers. дальше »
2022-7-28 22:00 | |
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South African-based Xago launches XEU stablecoin for EUR, joining XUS, XGB, USDC, XZR and XRP
Xago, a South Africa-based blockchain payment platform, announced today support for EUR with the launch of its latest stablecoin – XEU – backed 100% with fiat. XEU enables purchases, transfers, and payouts in euros, securely, compliantly, and within minutes. дальше »
2022-7-21 21:16 | |
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‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. дальше »
2022-7-19 18:10 | |
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Techemynt - the New Zealand Dollar Stablecoin
The NZDS is a New Zealand Dollar stablecoin backed 1:1 with physical New Zealand Dollars in cash and cash equivalents. NZDS was launched in March 2021 by Techemynt, a registered New Zealand Financial Services provider, using the FiatToken framework developed by Centre that is the basis for USD-Coin (USDC). дальше »
2022-7-13 02:00 | |
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Tether To Roll Out Token Pegged To The British Pound Next Month
Tether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT, a crypto asset pegged to the Mexican peso. дальше »
2022-6-23 16:53 | |
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USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin
Circle, the issuer behind the USD Coin (USDC) stablecoin, will launch a new stablecoin that is backed by the Euro by the end of this month. The post USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin appeared first on CryptoSlate. дальше »
2022-6-17 20:00 | |
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USDTea: A New Stablecoin Backed By Iced Tea Cans Rises Like The Phoenix
Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joined the plethora of stablecoins in the vast crypto wilderness. дальше »
2022-5-24 11:28 | |
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Terra’s Implosion Births Crazy Stablecoin Backed by Iced Tea
After TerraUSD (UST) de-pegged from the U.S. dollar, dragging with it billions of investors’ funds, a new stablecoin backed by cans of iced tea has risen like the phoenix. The post Terra’s Implosion Births Crazy Stablecoin Backed by Iced Tea appeared first on BeInCrypto. дальше »
2022-5-24 15:30 | |
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List Of Banks Managing the USD Reserve Backing TrueUSD
TrueUSD, the first regulated stablecoin that is fully backed by the US Dollar has partnered up with internationally renowned banks and custodial accounts to lower the risk of transactions. TrueUSD (TUSD) is the first independently verified digital asset redeemable at 1:1 US Dollar. дальше »
2022-5-3 15:54 | |
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Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work
Developers of the fast-growing stablecoin UST say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve, in case of an emergency? How would that work? дальше »
2022-4-22 18:36 | |
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Facebook-Backed Diem Project Quits Stablecoin Bid
The Facebook/Meta backed Diem Association has decided to wind up as regulatory opposition to its stablecoin project proves too great. дальше »
2022-3-25 14:00 | |
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XDC Network integrated into crypto custody platform Fireblocks
Fireblocks, an infrastructure provider for blockchain assets, announced today it has integrated XDC Network, a hybrid blockchain protocol specializing in tokenizing trade instruments. This news comes ahead of the launch of XDC Network’s Trada token, a stablecoin backed by tangible, trade finance assets. дальше »
2022-3-17 19:36 | |
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Wyoming Legislators Propose a Bill Seeking to Issue a State-Backed Stablecoin
Four members of the Wyoming Legislature have backed a bill proposal that would see the State Treasurer issue a stablecoin. Wyoming State Senators Tara Nethercott and Chris Roth fuss together with House representatives Mike Yin and Jared Olsen, introduced the Senate file SF0106 on Thursday. дальше »
2022-2-21 07:00 | |
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Earn Yield with NZDS - the New Zealand Dollar stablecoin
Fran Strajnar is the co-founder of Techemynt, the issuer of the NZDS, a New Zealand Dollar (NZD) Stable Coin backed 1:1 with physical New Zealand Dollars in a cash and cash equivalent treasury managed by a New Zealand registered financial services provider. дальше »
2022-2-16 03:30 | |
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VeChain анонсировали выпуск стейблкоина VeUSD
Команда блокчейн-проекта VeChain объявила о предстоящем выпуске VeUSD, первого нативного стейблкоина блокчейна корпоративного уровня VeChainThor. Happy to announce that $VeUSD, #VeChainThor's first native #StableCoin, will soon go live! Users & enterprises will be able to easily create/burn fully backed USD-based stablecoins, opening #VeChain up to #DeFi, #web3 and novel real world use cases. дальше »
2022-1-7 13:05 | |
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SEBA Launches Regulated Gold Token Backed by Physical Precious Metal
Digital asset banking platform SEBA announced on Wednesday that it is offering a gold token. This token will represent the digital ownership of the traditional safe-haven asset. SEBA’s gold token is a regulated digital token, a stablecoin backed by precious metal. дальше »
2021-12-15 18:55 | |
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Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies
After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide. дальше »
2021-12-7 18:56 | |
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For a chain swap, Tether mints 2 billion USDT - and a whole lot of FUD
Tether's holdings and the question of whether its USDT stablecoin is fully backed by dollars is a sore spot for the company. More recently, however, the burning and minting of billions of USDT has agThe post For a chain swap, Tether mints 2 billion USDT - and a whole lot of FUD appeared first on AMBCrypto. дальше »
2021-11-6 03:30 | |
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Tethered Up: How Stablecoins Plan To Stay Stable
Many heads turned to the idea that a token meant to serve as a backed stablecoin may actually be manipulating the game. In enters Tether. These were heavy considerations especially with all of the beauty going on in the crypto world. дальше »
2021-11-1 01:27 | |
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Tether And Bitfinex Fined $42.5M By CFTC For False Statements About Dollar Reserves
The US Commodity Futures Trading Commission today filed and settled charges against Bitfinex and sister company Tether. The two firms are required to pay fines totaling almost $43 million. CFTC claimed that the Tether (USDT) stablecoin was not completely backed by reserves most of the time and Bitfinex breached the derivatives regulator’s previous directive, according […] дальше »
2021-10-16 00:52 | |
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USDC Stablecoin Reserves To Be Held In Cash and U.S Treasuries: Circle
From September this year, USDC stablecoin will be 100% backed by cash and short-term US government treasuries. This is according to the Centre Consortium, the organization that manages the cryptocurrency, which is backed by Circle Financial And Coinbase. дальше »
2021-8-24 19:17 | |
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USD Coin (USDC) Now Backed by Only Cash and Treasury Bills
Center has announced via a blog post on August 22, 2021, that the financial instruments in its USD Coin (USDC) stablecoin reserves have been shrunk down to only the fiat dollar and United States Treasury Bills. дальше »
2021-8-24 17:00 | |
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Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability
With the imminent launch of smart contracts on Cardano, thoughts turn to its ecosystem and how it will develop against competing chains. The post Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability appeared first on CryptoSlate. дальше »
2021-8-22 11:00 | |
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Utopia P2P Presents Anonymous USD Stablecoin Backed by DAI
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019. The post Utopia P2P Presents Anonymous USD Stablecoin Backed by DAI appeared first on BeInCrypto. дальше »
2021-8-20 17:29 | |
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Utopia P2P Announces Anonymous USD Stablecoin Backed by DAI
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant communication and finance, this month launches Utopia USD stablecoin; UUSD. дальше »
2021-8-19 12:00 | |
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Utopia P2P introduces anonymous USD stablecoin backed by DAI
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant The post Utopia P2P introduces anonymous USD stablecoin backed by DAI appeared first on AMBCrypto. дальше »
2021-8-19 08:15 | |
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HaloDAO Partners with TrustToken to Expand Marketplace of International Stablecoins
August 18, 2021 — HaloDAO, a decentralized finance ecosystem focused on bootstrapping usage for fiat backed stablecoins, has partnered with TrustToken, a regulated stablecoin issuer known for its series of “TrueCurrency” tokens. дальше »
2021-8-18 17:00 | |
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Tether Fully Backed with Reserves Also Held in Digital Tokens and Precious Metal: New Assurance Report
Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share. дальше »
2021-8-10 16:36 | |
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Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
On July 20, the CEO of Circle Internet Financial LLC. , Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability. дальше »
2021-7-21 00:30 | |
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Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin
According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U. S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. дальше »
2021-7-18 14:00 | |
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MahaDAO Picks Ethereum Layer 2 Polygon for Its Valuecoin ARTH
Indian blockchain infrastructure protocol MahaDAO is the latest to launch on a Layer 2 network, announcing its deployment on Polygon (formerly known as Matic). MahaDAO’s ARTH algorithmic stablecoin will go live on the Polygon network, a framework for building and connecting ethereum-compatible blockchain networks, on June 22. дальше »
2021-6-13 16:30 | |
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ERC20-Based Stablecoin DIRHAM Unveiled and Backed by AED
Dirham stablecoin, an ERC20 token-based stablecoin backed by the United Arab Emirates Dirham, has been unveiled. Tied to the AED in the ratio of 1:1, the Dirham stablecoin will cost approximately $0. дальше »
2021-6-8 22:49 | |
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75.85% of Tether is Backed by Cash & Cash Equivalents Reveals USDT Quarterly Report
Dominant stablecoin USDT issuer Tether Holdings Limited has released its quarterly report providing the breakdown of its reserves backing the issued Tether tokens. As part of the settlement deal with NYAG, Tether will be releasing these breakdowns on a quarterly basis for the next two years. дальше »
2021-5-13 18:05 | |
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Here’s What You Need To Know About The Fei Protocol Bug
Built to maintain a 1:1 peg with the US dollar, the Fei protocol stablecoin, FEI, failed to do so over the first week or so of its existence. The Fei Protocol is backed by major VCs with the goal of creating a stablecoin that would buy assets with its token, rather than holding them asRead More дальше »
2021-4-14 12:46 | |
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VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops […] дальше »
2021-4-8 08:30 | |
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Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities
The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. дальше »
2021-4-1 15:30 | |
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Tether (USDT) releases report claiming its stablecoins are fully backed
Tether Holdings Limited has reiterated its desire to prove its Tether (USDT) stablecoin is fully backed by its reserves by releasing an assurance opinion. The company provided the stablecoin’s Consolidated Reserves Report (CRR) along with an assurance report from accounting firm Moore Cayman. дальше »
2021-3-31 15:21 | |
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Techemynt launches New Zealand dollar stablecoin
New Zealand based fintech company Techemynt has launched a NZ dollar stablecoin ‘$NZDs’ - backed one-for-one by New Zealand dollars. дальше »
2021-3-17 16:00 | |
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Techemynt rolls out first stablecoin pegged to the New Zealand dollar
New Zealand financial services provider Techemynt has announced the launch of the first stablecoin backed 1:1 by New Zealand’s dollar. According to Techemynt, the stablecoin combines the intrinsic utility of cryptocurrency with the stability and value of the dollar to enable remittance, arbitrage, and digital payments. дальше »
2021-3-11 17:20 | |
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