2023-3-27 22:37 |
Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b in four months origin »
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Eight months after launch, Terra, a stablecoin protocol backed by four of the world’s largest crypto exchanges, has surpassed one million user accounts and hit an annual run rate of $2. 4 billion, the company reported in a press release seen by CryptoSlate.
2020-1-15 20:00 | |
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With the announcement of the proposed Libra digital currency in 2019, even skeptical officials were forced to accept that crypto assets are here to stay. Stablecoins are seen as a priority for 2020, with national and global regulators publishing a variety of stablecoin research across the last 12 months.
2020-1-11 14:07 | |
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The world’s leading cryptocurrency is currently trading at $7,350 as per Coincodex, up about 90% on a year-to-date basis. During the first six months, the BTC price went from $3,700 to $13,900, with Facebook launching its stablecoin Libra in June adding fuel to the fire.
2019-12-22 20:51 | |
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The over-the-counter (OTC) desk of crypto exchange Kraken will be expanding, as the company announced today it has acquired Circle Trade, the crypto OTC desk of digital money company Circle. Circle has divested much of its crypto exchange businesses in the past months to focus on its USDC stablecoin product.
2019-12-18 00:29 | |
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After eleven months of simulations, testing and two audits, Money on Chain has announced the Alpha version launch of its decentralized stablecoin protocol on the RSK network. Backed by Bitcoin, the protocol is comprised of two tokens that provide several use cases for Bitcoin holders, including leveraged Bitcoin operations.
2019-12-13 01:40 | |
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A fresh class action lawsuit has been filed against Bitfinex and its sister company Tether Limited, the company behind the controversial but market-leading USD-pegged stablecoin, USDT. Tether has issued a response categorically rejecting wrongdoing and has dismissed the latest complaint as “absurd and groundless.
2019-11-25 11:28 | |
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For the better part of two months, Facebook has been in the fight to save Libra, its stablecoin project, from being shelved by regulators both at home and abroad. Concerns over a wide array of things (including money laundering and customer protection) have put the future of the asset in jeopardy, with the latest of […] The post German Banks Remain Skeptical of Libra, Won’t Ban It appeared first on BeInCrypto.
2019-11-12 03:36 | |
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Only 4 months after the launch of the CADT stablecoin last Canada Day, BVCI has officially launched another stablecoin, “CUSD”. With the value anchored to the US dollar, the CUSD stablecoin is expected to be used globally, by both individuals and businesses alike, especially for Canada and America cross border trades.
2019-11-12 19:59 | |
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Several months after Canada launched its first stablecoin CADT, it has released another one as the country is expanding its presence in the digital finance industry
2019-11-11 11:45 | |
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For months now, Libra, the stablecoin project from Facebook, has been mired in one controversy or the other. However, a new report could throw the asset’s future operation into further disarray. On November 4, popular news medium Reuters reported that the International Organization of Securities Commissions (IOSCO), a global securities and futures trading regulator, is […] The post Libra, Stablecoins Should Be Regulated as Securities, Says Global Trading Regulator appeared first on BeInCrypto.
2019-11-5 07:06 | |
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The launch of the Libra stablecoin by Facebook is still months away but reports from Reuters indicate that there are already securities rules in place that could apply. Rather than restricting stablecoin, these rules could help reveal the full benefits, according to IOSCO.
2019-11-5 23:07 | |
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While it feels like forever, it’s just been six months since the social media giant, Facebook, announced their stablecoin Libra. The subsequent backlash it’s received is both massive and lengthy. At the moment of writing, it’s unsure whether or not Facebook, along with the Association will even be able to launch Libra. Typically, if a […]
2019-10-26 21:10 | |
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In March, USD pegged Tether first announced its plan to launch USDT on the Tron blockchain to enable operability with Tron-based protocols and Decentralized Applications (DApps). The stablecoin further allowed users to transact and exchange fiat pegged currencies across the Tron network.
2019-10-22 16:38 | |
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Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin.
2019-10-22 01:30 | |
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Conservative commentator Stephen Moore announces the upcoming launch of the new "Frax" stablecoin
2019-10-21 19:04 | |
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Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months.
2019-10-21 12:00 | |
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JPMorgan made waves in the crypto-market a few months ago after it announced ‘JPM coin. ’ Before the release of its own stablecoin, JPM had introduced Interbank Information Network [IIN] on its blockchain service to create an ecosystem of banks and users, while also promoting emerging technologies like blockchain itself to ease cross-border payments.
2019-9-20 11:33 | |
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Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China.
2019-8-31 01:59 | |
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According to data available on Coinmarketcap (CMC), the demand of GUSD (Gemini Dollar) has been dropping drastically over the course of the past 7 months or so. Not only that, it is also worth highlighting that while other fiat pegged-altcoins are doing quite well (from a monetary standpoint), GUSD is one of the few stablecoins […]
2019-7-20 19:43 | |
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Demand for Gemini exchange’s native stablecoin, Gemini dollar (GUSD), has dropped significantly over the last 7 months while other pegged-value assets continue to soar. Gemini Dollar Falls Behind The market capitalization of the dollar-pegged token has been on its way down since December 20, 2018.
2019-7-19 20:00 | |
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The Winklevoss twins’ old-time enemy, Mark Zuckerberg entry to the crypto space through the upcoming stablecoin was no less than a grand plan and naming it Libra was just icing on the cake. As the former Harvard classmates were all set to put their bets on their respective stablecoins, Gemini failed to gain significant momentum […] The post Libra effect on Gemini Dollar? GUSD sheds over 88% value over seven months appeared first on AMBCrypto.
2019-7-5 02:00 | |
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The first half of the year has already passed by; thus, we can gain a firm perspective of how the crypto space trends are over the past six months. Looking at Bitcoin, it has gone up by more than 140%, but for the crypto exchanges in the market, they are still vulnerable and are currently […]
2019-6-19 01:53 | |
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After many months of speculating on the theme of its own stablecoin, Facebook, as promised, opened the cards. Today, right in the morning. Community shuddered. And there is, from what. Mark Zuckerberg is in control Facebook not only published Whitepaper, but also launched a testnet, announced the creation of Calibra wallet, and announced the foundation […]
2019-6-19 23:45 | |
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In a few months, you might be able to create DAI tokens using multiple forms of cryptocurrency, or even fiat currency, according to Maker representatives. Jennifer Senhaji, Maker’s Business Development lead, says that the crypto-backed stablecoin project expects to release Multi-collateral Dai (MCD), which will be backed by other assets, before the end of the […] The post Maker Promises Multi-Collateral DAI In 2019 appeared first on Crypto Briefing.
2019-6-13 18:06 | |
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$150 million USD authorized, not issued yet Tether market cap increased with Bitcoin price over the last two months that saw BTC going from $4k to $9,100 USDT currently trading at a premium to USD The popular and controversial stablecoin Tether (USDT) has experienced a great surge in its market capitalization since Bitcoin saw a […]
2019-6-11 19:48 | |
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During the last 12 months, the stablecoin ecosystem has seen rapid growth. Now several new contenders are challenging market leader Tether, promising new levels of transparency and security.
2019-6-12 15:00 | |
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The Chief Financial Officer at Binance, Wei Zhou, confirmed that they are going to be releasing a new stablecoin in the next months. The main goal seems to compete against Tether(USDT), the largest stablecoin in the market.
2019-6-7 06:41 | |
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By CCN: According to Wei Zhou, the chief financial officer at Binance, the most widely utilized crypto asset trading platform in the global market, the exchange is planning to issue a stablecoin in the upcoming months, possibly to compete against Tether.
2019-6-6 15:14 | |
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MakerDAO token holders voted to decrease the stability fee on the Dai stablecoin by 2 percent to 17. 5 percent. Executed on May 28, this will be the first time the fee has been lowered in over five months.
2019-6-6 22:18 | |
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Stablecoins, led by Tether (USDT), have already made a lasting impression on 2019 with volumes beating that of 2018 in a mere five and a half months. According to a report by Diar, May 21, 2019, Tether has seen nearly $1.
2019-5-23 11:30 | |
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Tether, the top stablecoin, maintained its vice grip on the stablecoin market, while competing fiat-pegged cryptocurrencies are experiencing steady growth. USD Coin [USDC] and TrueUSD [TUSD], the other top stablecoins, have however surged in recent months, owing to the Bitfinex-Tether episode.
2019-5-22 20:00 | |
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After the Bitfinex-Tether fiasco rocked the cryptocurrency market late last month, the trading volume of Bitcoin to the top stablecoin dipped slightly. However, given the larger picture, it held firm.
2019-5-22 11:30 | |
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Dollar-backed stablecoin DAI is trading above a dollar for the first time in a long-time. MakerDAO token holders have voted to decrease fees on the stablecoin in order to address high market demand for DAI.
2019-5-16 20:37 | |
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For the first time in months, the dollar-pegged stablecoin DAI is trading on major cryptocurrency exchanges actually at $1.
2019-5-10 13:15 | |
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After four months, the ethereum-based stablecoin DAI looks to be maintaining a steady dollar valuation.
2019-5-10 13:15 | |
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By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players.
2019-5-9 12:49 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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Interest rates for MakerDAO have exploded to 19. 5 percent over the course of three months to combat its stablecoin Dai from trading below its $1 peg. However, the gap has narrowed over the last three weeks, partially from factors entirely outside of Maker.
2019-5-6 13:31 | |
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A breakdown of how the XRP stablecoin performed during the first three months of 2019, significant events for Ripple, and what can be expected during the the next three months.
2019-5-3 19:51 | |
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Bitcoin‘s price has pushed past $5,600 to set a new 2019-high for the third time in less than a month. The rally comes despite recent confirmation that the world’s most popular stablecoin, Tether, is not completely backed “one-to-one” with cash.
2019-5-3 11:31 | |
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This week, a scandal involving Bitfinex and Tether parent company iFinex being accused by the New York Attorney General’s office of misappropriating funds has shaken up the cryptocurrency market. Bitcoin and other cryptocurrencies have rallied in recent months, however, the latest negative news surrounding the leading stablecoin on the market has been enough to cut.
2019-4-30 03:01 | |
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In the last couple of days, TRON has announced the launch of the USDT issued by Tether on their blockchain network. The launch took months of preparation following the announcement that the two projects would be partnering.
2019-4-19 17:31 | |
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The first four months of 2019 have already kicked off a string of high-profile acquisitions for cryptocurrency, including the development of J. P. Morgan Chase’s stablecoin. With social media giant Facebook looking to release its own.
2019-4-18 18:51 | |
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Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for the DAI stablecoin by 4%, in the fifth fee increase within two months
2019-4-11 11:50 | |
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In the cryptocurrency world, stablecoins have become a lot more prominent in the past few years. Whereas Tether’s USDT asset continues to generate the most liquidity, a fair few competitors have emerged in the past 18 months.
2019-4-1 11:12 | |
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Bitcoin has long been nicknamed “digital gold,” referencing its value as an asset. However, the use of precious metals is something that Paxos has taken to heart as something it can offer. Having already launched a stablecoin several months ago, which is tied to cash reserves, CEO Chad Cascarilla confirmed to Fortune that a digital […]
2019-3-12 18:05 | |
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Blockchain Board of Derivatives (BBOD) is a hybrid and semi-decentralized trading platform for cryptocurrency futures. Announced on Dec. 8, 2018, the exchange allows stablecoin deposits and does not control or store clients’ crypto holdings.
2019-3-5 16:04 | |
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Facebook’s crypto ambitions are reportedly not limited to its acquisition of blockchain startup Chainspace, according to The Information. Facebook Has Met with at Least Three More Crypto Startups Citing unnamed sources, the publication said Facebook has been eyeing several blockchain startups with a view of making acquisitions.
2019-2-7 23:40 | |
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In September 2018, a New York blockchain startup, Paxos Trust Company successfully launched the PAX token. The token has a complete 1:1 surety with the U.S. dollar; as such it offers a liquid digital option to cash and is available round the clock for immediate transactions and redemptions. Four months since its launch, PAX has […]
2019-2-2 01:25 | |
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Circle, the issuer of US dollar pegged stablecoin USDC, and Binance, the world’s largest cryptocurrency exchange by user and trading volume, have announced a groundbreaking partnership. The companies revealed the strategic partnership on December 11 at the Abu Dhabi Finance Week.
Sui, the layer-1 blockchain platform, has seen its native token’s value rise to a new all-time high of $4.40, with gains of over 16% in the past 24 hours. The blockchain network, which has witnessed significant growth across its DeFi, gaming, and real-world assets ecosystems, ranks as the 20th largest cryptocurrency by market. Per CoinGecko […]
TruthFi is expected to be a crypto payment and trading service although no official announcements have been made.
MiCA will finally give crypto firms in Europe clear rules of the road to follow — but it could potentially threaten the dominance of the world’s biggest stablecoin issuer. December 30 is shaping up to be a big day in…
As Ripple tests the waters with its new stablecoin project, the broader crypto market is currently experiencing a sharp rise in liquidity, particularly driven by stablecoins. Notably, Ripple is on the verge of penetrating the stablecoin space with the introduction…
In a pivotal decision, the High Court of Justice for England and Wales has officially recognized Tether’s USDT, the world’s largest stablecoin by market capitalization, as property under English law.
Brazilian Nubank has abruptly halted trading of its Nucoin cryptocurrency, citing a need to protect users from potential market volatility. Digital fintech Nubank is closing its cryptocurrency, suspending immediately all trading within its app. In a Sept. 10 blog post,…