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Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States

Diem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with its focus scaled back to the United States.  The company stated earlier this year that it would be relocating its primary operations from Switzerland back to the United States, and would withdraw its payment system […] дальше »

2021-5-17 02:59


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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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Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro

The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% […] дальше »

2021-4-27 17:15


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Tether (USDT) Market Cap Shoots Past $50 Billion as Crypto Markets Recover

Erstwhile controversial stablecoin issuer Tether (USDT) now commands a market cap of over $50 billion. Tether Market Cap Goes Past $50 Billion Tether, the issuer of the world’s largest stablecoin USDT witnessed its market cap shoot past $50 billion today as the wider cryptocurrency markets displayed healthy recovery after being on a freefall for theRead More дальше »

2021-4-26 13:50


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OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter

The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize the firm’s future banking plans. Paxos Granted Preliminary […] дальше »

2021-4-25 00:30