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Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020
Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to BitcoinThe post Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020 appeared first on AMBCrypto. дальше »
2021-1-1 23:00 | |
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Tether (USDT) To Face Do or Die Situation in 2021: Messari Report
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. дальше »
2021-1-1 19:19 | |
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Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U. S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. дальше »
2021-1-1 17:30 | |
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NYDFS Approves Internet Giant, GMO, to Offer The First Japanese Yen (JPY) Pegged Stablecoin
Tokyo-based internet conglomerate, GMO Internet has been cleared by New York Financial Services (NYDFS) to provide two stablecoins; a Yen-pegged stablecoin (GYEN) and a dollar-pegged stablecoin (ZUSD). дальше »
2021-1-1 00:41 | |
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Japanese Firm Scores BitLicense in New York for Yen Stablecoin
Japanese internet firm GMO has obtained approval from regulators in New York to issue a yen-pegged stablecoin. This makes GMO the 27th BitLicense recipient to be allowed to engage in virtual currency operations in the state. дальше »
2020-12-30 10:35 | |
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Waves to offer collateral protection on USDN stablecoin with UNION platform
Waves, an open blockchain protocol and development toolset for decentralized applications, today announced a partnership with UNION, a full-stack protection platform for the DeFi space. UNION will offer its collateral protection product to future lending protocols that use Waves’ Neutrino USD (USDN) and smart contract protection to the inter-chain communication protocol Gravity. дальше »
2020-12-31 22:56 | |
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This Ethereum-based ‘Non-Volatile’ Stablecoin is on a Roller Coaster Ride
Just last week yet again Dynamic Set Dollar (DSD) 275% only to crash 91% to under $0.3. The post This Ethereum-based ‘Non-Volatile’ Stablecoin is on a Roller Coaster Ride first appeared on BitcoinExchangeGuide. дальше »
2020-12-29 18:45 | |
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Stablecoins Must Meet Appropriate Financial Regulations, Says U.S Presidential Advisory Group
The financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes after the controversial stablecoin bill that has been proposed by US lawmaker Talib Rashid. дальше »
2020-12-27 12:00 | |
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Lack of stablecoin regulations could be 'dangerous,' says Cardano's Hoskinson
The United States has been seeing many crypto-centric businesses come under stricter regulatory scrutiny lately. This was evidenced by the fact that the Treasury Department and other agencies on WedneThe post Lack of stablecoin regulations could be 'dangerous,' says Cardano's Hoskinson appeared first on AMBCrypto. дальше »
2020-12-25 21:30 | |
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Ethereum and USDT Dominant as Stablecoin Transactional Volume Soars Past $1 Trillion in 2020
The cumulative transactional volume of all stablecoins across different blockchains have surpassed the $1 trillion mark in 2020 alone, The Block Research data on Dec 23 reveals. USDT and Ethereum Command Market Share Out of this, the USDT issued by Tether Limited is the most dominant with a market share of 73 percent followed byRead More дальше »
2020-12-27 18:00 | |
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The President’s Working Group Ponders Stablecoin Regulation
According to the working group, the new regulations specifically target stablecoins: “These requirements address a range of policy objectives, including safety and soundness, countering illicit finance, end-user protection, and market integrity. дальше »
2020-12-24 15:43 | |
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Will Coinbase-backed USDC push Bitcoin's price higher?
With Tether’s dropping reserves having an impact on Bitcoin’s price, Coinbase-backed stablecoin USDC’s steadily climbing reserves may do the same. According to USDC's hourly mean inflow charThe post Will Coinbase-backed USDC push Bitcoin's price higher? appeared first on AMBCrypto. дальше »
2020-12-21 19:30 | |
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Curve Finance votes on proposal to bring Euro stablecoin pool to DeFi
DeFi protocol Curve Finance is in the news after it proposed the introduction of $CRV for $pBTC, $bBTC, $oBTC, $UST and $sEUR pools. The ongoing "all in one vote" will include a Euro stablecoin pool oThe post Curve Finance votes on proposal to bring Euro stablecoin pool to DeFi appeared first on AMBCrypto. дальше »
2020-12-19 16:00 | |
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Stellar Invests $3 Million in Digital Assets Settlement Network Across LATAM
Stellar Development Foundation is investing up to $3 million, paid in Lumens (XLM), in digital assets settlement network across LATAM, Settle Network. This investment will help boost the payment tools of Settle Network that are focused around stablecoins, including fiat-to-crypto onramps, stablecoin issuance, and payment processing. дальше »
2020-12-18 18:56 | |
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Binance supports Vietnamese Dong backed stablecoin, BVND
Binance has announced support for Binance Vietnamese Dong [BVND], a BEP2 stablecoin pegged to the Vietnamese Dong [VND]. BVND will be available for direct purchase and redemption at a 1BVND = 1 VND raThe post Binance supports Vietnamese Dong backed stablecoin, BVND appeared first on AMBCrypto. дальше »
2020-12-18 18:30 | |
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DeFi Warp Protocol Losses $7.7 Million in a Flash Loan Attack
Lending protocol, Warp was exploited with a complex flash loan attack for $7. 7 million worth of stablecoins. Hacken Club audited the project. The attack on Thursday allowed the hacker to borrow more than their collateral value resulting in a loss of stablecoin lender funds. дальше »
2020-12-18 16:49 | |
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'BAM!' Tether celebrates as USDT market cap passes $20 billion
A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels.
дальше »2020-12-18 13:58 | |
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Stellar Development Foundation invests $3M in Settle Network
Today, the Stellar Development Foundation (SDF) announced a strategic investment in Settle Network, a digital assets settlement network across LATAM for exchange and cross-border payments. The investment of up to $3 million, paid in lumens, will help bolster Settle’s current suite of payment tools centered around stablecoins: fiat-to-crypto on-ramps for B2C and B2B users, stablecoin […] CryptoNinjas » Stellar Development Foundation invests $3M in Settle Network дальше »
2020-12-18 22:50 | |
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Avalanche Blockchain Integrates Dollar-backed Stablecoin, TrueUSD (TUSD)
TrustToken’s stablecoin, TrueUSD, is lining up to become the first-ever stablecoin on the Avalanche blockchain, reports to BEG to confirm. According to the statement, the fully-backed stablecoin will launch on Avalanche in Q1 2021 to impact the growth of DeFi atop the blockchain. дальше »
2020-12-17 18:20 | |
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Circle CEO: USDC circulation has exceeded 3.3 billion
Jeremy Allaire, CEO and founder of digital currency company Circle, took to Twitter to share that the circulating amount of the USDC stablecoin is now over 3.3 billion. According to the CEO: Just aThe post Circle CEO: USDC circulation has exceeded 3.3 billion appeared first on AMBCrypto. дальше »
2020-12-16 21:33 | |
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Escalating demand: Circle adds 300 Million USDC to circulating supply in six days
The second most popular stablecoin USD Coin has experienced tremendous weekly growth after adding 300 million USDC to the circulating supply, bringing the total to 3. 3 billion USDC. The growth has been linked to high demand for USDC in the crypto market. дальше »
2020-12-16 20:41 | |
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Algorand Blockchain Adds Canadian Dollar Backed Stablecoin, QCAD, On Its Platform
Algorand blockchain welcomes its third stablecoin, QCAD, the Canadian dollar stablecoin built, issued, and managed by Stablecorp, a Canadian based fintech firm founded in a joint partnership with 3iQ, Canada's largest crypto asset manager, and Mavennet Systems, a blockchain development firm. дальше »
2020-12-11 17:46 | |
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SEC’s Hester Peirce on DeFi & Crypto: Regulation Will Harm Disenfranchised
One of the biggest stories in crypto and in decentralized finance (DeFi) of the past few weeks is the potential regulation that may affect this space. A number of confirmed stories and rumors indicate that there is going to be an increase in the measures placed on cryptocurrency exchanges and stablecoin providers. Brian Armstrong, CEO […] дальше »
2020-12-11 06:15 | |
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Canadian dollar stablecoin launched on Algorand blockchain
Blockchain platform Algorand announced today that the digital Canadian dollar 'QCAD' stablecoin will be moving to the Algorand platform. Algorand claimed it would support instant confirmation, micropaThe post Canadian dollar stablecoin launched on Algorand blockchain appeared first on AMBCrypto. дальше »
2020-12-11 23:00 | |
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One of Europe’s Oldest Banks Launches Stablecoin on Stellar
One of Europe’s oldest banks, Bankhaus von der Heydt (BVDH), has issued a Euro stablecoin (EURB). Working in conjunction with Bitbond, the financial institution says this is the first bank-backed Euro stablecoin of its kind. дальше »
2020-12-11 21:20 | |
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Canadian Dollar Stablecoin Launches on Algorand Blockchain
Canadian Dollar Stablecoin Arrives on Algorand Thanks to a partnership between Stablecorp and Algorand, the QCAD will soon be available via the Algorand blockchain. Stablecorp describes the QCAD as the “first Canadian dollar stablecoin designed for the mass market. дальше »
2020-12-11 20:31 | |
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German legacy bank turns to Stellar (XLM) to issue Euro stablecoin
One of Germany’s oldest banks said it was choosing the Stellar network to issue a Euro-backed stablecoin, in one of the first such instances. The post German legacy bank turns to Stellar (XLM) to issue Euro stablecoin appeared first on CryptoSlate. дальше »
2020-12-10 19:30 | |
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Germany’s BVDH partners to launch Euro stablecoin on Stellar
According to a recent report, Germany’s Bankhaus Von Der Heydt (BVDH)is partnering with Bitbond, a digital asset custody provider, to issue Euro stablecoin (EURB) on the Stellar (XLM) network. With the launch, EURB has become the first stablecoin to be launched on Stellar directly by a bank. дальше »
2020-12-11 19:18 | |
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Bitbond Partners With Oldest German Bank to Issue A Euro Stablecoin On Stellar’s Blockchain
Bitbond, a Germany-based tokenization firm, has finally completed the launch of its first stablecoin after securing a partnership with Bankhaus von der Heydt (BVDH), the country’s oldest running bank, an official statement confirmed on December 9. дальше »
2020-12-10 17:49 | |
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European Bank to Issue Euro-Backed Stablecoin on the Stellar Blockchain
Bankhaus von der Heydt (BVDH), a 266-year-old German bank, is now issuing the first-of-the-kind Euro stablecoin on the Stellar blockchain in partnership with Bitbond, a CoinDesk report on Dec 9 reveals. дальше »
2020-12-10 14:00 | |
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