How MakerDAO Works – The Stablecoin Explainer

DeFi	2019-5-30 07:00

The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin's price stable. Under the hood, it's quite complex, featuring two separate tokens, a lending system and even a voting process. Here's how it works

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Источник: coindesk.com

stablecoin works → Результатов: 14

Facebook Coin Could Bring $19 Billion Additional Revenue, Believes Barclays

CoinSpeaker Facebook Coin Could Bring $19 Billion Additional Revenue, Believes BarclaysOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.

2019-3-12 11:50	Stablecoins
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Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s Why

CoinSpeaker Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s WhyOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.

2019-3-12 11:50	Stablecoins
facebook could revenue barclays additional billion coin

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7 Reasons Why That Hot New ‘Bitcoin Stablecoin’ Sounds Like Junk

A new Ethereum token called “Wrapped Bitcoin” just launched Thursday. How Wrapped Bitcoin Works The purpose of the new cryptocurrency is to enable Bitcoin users to “participate in Ethereum smart contracts natively on the Ethereum blockchain.

2019-2-2 02:40
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Facebook makes the much anticipated dive into Crypto, a stablecoin backed by WhatsApp is currently in the works

Insiders sources have recently revealed that the leading social media platform Facebook, is currently expanding its structure with a major dive into the world of cryptocurrency. As reported by Bloomberg, the social media giant is making plans to incept cryptocurrencies into its messaging application WhatsApp.

2018-12-21 14:24	WhatsApp
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Crypto Custodian BitGo Adds New Stablecoins in Bid to Woo Institutions

BitGo now supports over 100 assets, including new stablecoin offerings, as it works to offer a wide spectrum of services for institutional investors.

2018-11-15 16:59
bitgo new offer offerings works wide institutional

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Two Yen-Backed Stablecoins in the Works, Hong Kong and Australian Dollar-Backed Coins Could Happen Next

With the volatility of the crypto market, it’s hardly surprising that people are using cryptocurrencies backed by fiat currencies, also known as stablecoins. One of the most popular among these new breeds of tokens is Tether, a stablecoin where every token is backed by one US dollar.

2018-10-12 17:19	Japan
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

2018-10-8 21:30	Investing
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

2018-10-10 21:30	Investing
crypto cred pwc schatt get offer bitcoin

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Bibox Officially Debuts Gemini GUSD to the Market

In just under a week, the Winklevoss twins’ cryptocurrency platform Gemini has been listed for trade on Bibox, officially launching the GUSD market. The regulated stablecoin, built on Ethereum’s network, became available Sept.

2018-9-18 16:00	Huobi
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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain

Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).

2018-9-11 01:58	Investing
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Goldmint’s Stablecoin: Increased Reliability and Enhanced Transparency

Creator of GOLD cryptoasset, Goldmint project, works to return meaning to the word "stable" by introducing its own stablecoin and coming blockchain. The post Goldmint’s Stablecoin: Increased Reliability and Enhanced Transparency appeared first on CoinSpeaker.

2018-7-31 14:15
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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

2018-7-26 18:55	Digital assets
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Stablecoin Project Secures Backing From Peter Thiel, Coinbase, 40 Others

A new project for a stabilized cryptocurrency that works ‘like normal money,’ has received backing from Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 others

2018-6-20 20:59	Cryptocurrencies
thiel coinbase others peter backing project received

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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work

There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.

2018-6-14 22:01	Digital assets
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Moonwell price dives, but crypto pros expect WELL to rebound

Moonwell, the third-largest lending decentralized application network on the Base blockchain, has experienced a sharp decline, erasing gains made in October. Moonwell (WELL) token dropped to $0. 07113, its lowest point since Oct.

Crypto scammers target Indians using fake BBC report

A fake BBC report featuring clickbait headlines about Indian billionaire Anant Ambani was making rounds on X, attempting to lure readers into a cryptocurrency scam. Crypto scammers are targeting Indians with a sophisticated scam that impersonates BBC News, using fake…

Semler Scientific eyes further Bitcoin purchases after buying 47 BTC in Q3

Medical device maker Semler Scientific says it remains “laser focused” on acquiring and holding more Bitcoin after its crypto reserves surpassed 1,050 BTC. Healthcare manufacturer Semler Scientific now holds $1,058 Bitcoin (BTC), worth $71 million, after it purchased 47 BTC…

Kraken, Galaxy Digital, and Robinhood back USDG via Global Dollar Network

Prominent cryptocurrency-focused firms like Kraken, Galaxy Digital, and Robinhood have joined forces to back the Global Dollar, a regulated yield-bearing stablecoin developed by stablecoin issuer Paxos.

MICHI leads top 300 altcoins with 15% rally following CEX listing

MICHI led the gains among the top 300 cryptocurrencies on Nov. 4, deviating from the broader market downtrend. The Solana-based meme coin jumped over 15% on the last day, bringing its weekly gains to 32.8%. Its market cap hit over…

Sonic SVM partners Solayer, Adrastea to expand Solana restaking

Sonic, a layer-2 blockchain for gaming on Solana, has announced partnerships with Solayer and Adrastea Finance aimed at expanding the Solana restaking ecosystem. The Sonic SVM team revealed it was joining forces with the Solana (SOL)-based protocols on Oct. 31.…

SingularityDAO merges with Cogito Finance and SelfKey following community approval

The merger could significantly advance AI and DeFi integration, potentially transforming financial services through innovative tokenization. The post SingularityDAO merges with Cogito Finance and SelfKey following community approval appeared first on Crypto Briefing.

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