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Composable Finance Introduces Stablecoin Contributions for Parachain Crowdloans

Composable Finance, a decentralized finance (DeFi) infrastructure project aiming to improve financial applications on the blockchain, has announced its acceptance of stablecoins into its crowdloan. This is a major development in the space, as it marks the first time that users can contribute stablecoins into a crowdloan for a parachain, instead of having to purchaseRead More дальше »

2021-9-7 12:00


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Decentralized Stablecoin DAI Goes Live on RSK Blockchain as rDAI

The most popular decentralized stablecoin Dai (DAI) is now live on RSK network. An Alternative to Escaping High Ethereum Fees Since the famed DeFi “summer of 2020” a major pain point on the Ethereum network has hindered small and retail investors from enjoying the benefits of DeFi – the exorbitant transaction fees.  The high transactionRead More дальше »

2021-5-11 15:00


PayPal Reportedly Discussing Its Own Stablecoin

Online payment operator PayPal is hitting the newswire today, reportedly discussing the creation of their own fiat-backed stablecoin. Adoption of broader mainstream crypto within major companies continues to grow, exemplified by this and other recent company discussions, such as eBay CEO Jamie Lannone discussing new potential payment options and potential utilization of NFTs in recent […] дальше »

2021-5-5 03:49


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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


Visa Picks Ethereum Over Facebook Libra to Settle Payments; ETH/USD Up

Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment services provider to have […] дальше »

2021-3-29 15:58


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The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow

From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current crisis. Why Everyone Wants a CBDC Now […] дальше »

2021-1-8 09:00


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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra

The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra. дальше »

2020-11-26 02:01


Harvest Finance Hacked for $24 Million, Puts Bounty on Alleged Attacker

According to reports on Oct 26. 2020, nearly $24 million in value has been siphoned from the liquidity pools of Harvest Finance, a major decentralized finance (DeFi) protocol. Harvest Finance subsequently confirmed the hack, stating that the protocol is “working actively on the issue of mitigating the economic attack on the Stablecoin and BTC pools. дальше »

2020-10-26 15:17


Charles Hoskinson thinks a Cardano-powered stablecoin will “blow everyone out of the water”

The possibility of launching a stablecoin on the Cardano network has gone from rumor to major news, as Charles Hoskinson said that it would increase demand for ADA. The CEO of IOHK said that the company has been “thinking about stablecoins” for the past seven years and seems to be seriously considering it. дальше »

2020-2-13 16:00


Pornhub adds support for Tether following PayPal’s ban last year

Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year. Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4. дальше »

2020-1-23 19:06


OKEx Crypto Exchange To Integrate DAI Savings Rate On The 23rd, Users Can Earn 4% By Staking

The crypto exchange OKEx is about to become one of the major platforms integrating the Dai Savings Rate (DSR) and allowing stablecoin holders to earn a return of 4%. MakerDAO, which is the autonomous and decentralized organization that’s behind Dai, made an announcement on Tuesday, an announcement in which it says on December 23, OKEx […] дальше »

2019-12-17 21:12


South Korean Fashion Platform Sinsang Market to Partner With Terra Stablecoin

Terra, a Singapore-incorporated stablecoin company, has recently decided to start a partnership with Sinsang Market, a major B2B fashion platform based in South Korea. According to a local site based on financial news, the new partnership will see vendors linked to the fashion market in South Korea. The two firms will get together to create […] дальше »

2019-8-6 23:37