2023-9-27 20:30 |
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.
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The stablecoins market cap recently surged to over $121 billion. USDT and USDC currently hold over 80% of the stablecoins market cap. Despite stablecoins being a favored cryptocurrency, theiThe post Stablecoins market faces volatility: Exploring recent trends and key players appeared first on AMBCrypto.
2023-9-4 16:30 | |
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Arthur Hayes thinks fiat-backed stablecoins like the USDC, USDT, and others pose a risk to the bonds market, and this is the primary concern for the United States Treasury Department.
2023-3-11 17:20 | |
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Ava Labs President John Wu believes the crypto market could see fresh upside pressure even if central bank interest rates go higher and stay elevated over coming months. He also says a lot of the money “hidden” in stablecoins as crypto prices crashed will soon be deployed back into the market.
2022-8-26 13:54 | |
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Key takeaways Bloomberg reports the SEC may soon receive “significant” authority over stablecoins. The market is bullish for the regulatory clarity that may follow from the move. Stablecoins have surged in popularity this year, thus warranting attention.
2021-10-29 01:43 | |
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Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.
2020-3-16 04:50 | |
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The cryptomarket has always been volatile. Out of that market volatility, stablecoins have emerged. Stablecoins are cryptocurrencies backed by real assets, such as fiat, gold, and so on. However, they stayed in the background for quite a long time, only gaining popularity when the market fell drastically.
2019-2-11 21:31 | |
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Stablecoins are a welcome attempt to bring stability to the digital assets market. Much like a country pegging its volatile currency to a more stable country’s currency in an effort to make its economy more predictable and attractive to investors, digital assets issued by companies like Tether and Haaven are anchoring to the U.
2019-1-24 23:12 | |
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There has been a sudden rise in the number of stablecoins that are present in the market. Many would think why such is necessary in the same way others ask, why create more crypto tokens and cryptocurrencies when they are already many existing ones in the crypto market? This could be as a result of […] The post Tether (USDT) is here to stay Irrespective of the Launch of More Stablecoins appeared first on ZyCrypto.
2018-9-17 22:35 | |
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Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.
2018-9-16 18:41 | |
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Stablecoins are the ‘in’ thing at the moment. Prices have been on an almost continuous downward trend since the start of the year, with the market now worth less than a quarter of what it was back in January.
2018-9-15 20:16 | |
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BitGo has received the green light from the South Dakota Division of Banking to act as a qualified custodian for digital assets, according to a Business Wire press release.
2018-9-14 20:01 | |
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University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.
2018-9-13 18:07 | |
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The fashion for so called stable coins, whose price is pegged to real assets and fiat currencies, is unlikely to correct the instability of the cryptocurrency market and bitcoin, Professor of Economics at the University of Berkeley believes.
2018-9-13 15:31 | |
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Stablecoins are a temporary answer for the volatile market of traditional cryptocurrencies. These fiat-backed coins, such as Tether (USDT) or the Winklevoss Twins’ new Gemini Dollar, are generally used to exchange and store value in a safer way than, say, Bitcoin (BTC).
2018-9-13 08:11 | |
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Carbon Is The Latest Startup To Launch a Dollar-Pegged Stablecoin Stablecoins are one of the popular trends of the market right now, which makes all the sense when you think on how the bear market has been affecting the top cryptos like Bitcoin (BTC) and Ethereum (ETH). Now, after both Paxos and Gemini decided to […]
2018-9-13 00:51 | |
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Would you have thought it possible to peg a cryptocurrency to a fiat currency? Well, that was a pipe dream in the early days of coins but not anymore since coins such as USDT are pegged on the US dollar.
2018-8-30 15:23 | |
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The crypto market is notorious for being highly volatile. This volatility might be welcomed by speculators who can make huge profits by making well-timed investment moves. But for most investors who do not have a firm grasp on the market’s pulse, this high price volatility could mean trouble — one erroneous move could wipe out […] Stablecoins, Greater Trading Volume Could Solve Crypto Market’s Volatility was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-24 16:19 | |
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The case of cryptocurrencies’ global relevance remains a moot point given its wildly volatile nature, an aspect which has spurred a billion dollar crypto-exchange market. However, some entrepreneurs and companies are determined to bring needful price stability to the digital asset market.
2018-8-22 11:00 | |
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There’s blood in the streets, the water and everywhere else you may care to look today as the cryptocurrency market plunges below $200 billion with a vengeance. We’ve got the reaction from across the web in today’s Bitcoin in Brief, as well as the latest developments from the realm of stablecoins, which have been an […] The post The Daily: Altcoin Panic, Stablecoin Takeover appeared first on Bitcoin News.
2018-8-14 12:05 | |
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As with brick-and-mortar industries that are slowly fading away to the globalism of the online world, so too will the traditional prediction market industry have to innovate to keep up with the sheer efficiency, reliability and security that the decentralized prediction markets promise to bring.
2018-7-31 15:58 | |
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“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 | |
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Stablecoins are the newest frontier in the crypto industry, and IBM is the latest company that wants to challenge Tether for market share. The computing giant is exploring the possibility of issuing a new stablecoin that will be pegged to the US dollar in a bid to provide an alternative to crypto volatility. IBM has […]
2018-7-21 18:00 | |
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There are several fallacies about stablecoins. One of the key issues that is mentioned about it them is that they are bound to bring the volatility of the present virtual assets market to resolve. This could just be a consequence of the way it was named. On the other hand, it could just be a […]
2018-7-21 01:33 | |
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
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Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end.
2018-7-16 19:46 | |
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Malta-based cryptocurrency company Stasis is aiming to combine the cryptocurrency market’s flexibility with the reliability of traditional currencies. According to the Stasis website, the company’s new coin, EURS, is advertised to be a “collateralized stable coin designed to become the backbone of the crypto-economy.
2018-7-13 18:03 | |
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Malta-based cryptocurrency company Stasis is aiming to combine the cryptocurrency market’s flexibility with the reliability of traditional currencies. According to the Stasis website, the company’s new coin, EURS, is advertised to be a “collateralized stable coin designed to become the backbone of the crypto-economy.
2018-7-12 01:42 | |
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MakerDAO is a stability platform comprised of a stablecoin, a governance coin, and a decentralized governance model. Stablecoins are a potential solution to the volatility of cryptocurrencies, allowing for wider adoption.
2018-7-1 17:00 | |
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The three characteristics that are always held against the cryptocurrency market are, a) the speculation that surrounds it, b) the lack of regulation and c) its volatility. While the first two are subject to change and are in more than one aspect responsible for the third characteristic, people in the cryptocurrency world are taking the The post Top 5 Stablecoins to fall back on during the bear season appeared first on ItsBlockchain.
2018-6-11 07:45 | |
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BlackRock, the world’s leading asset management company, reportedly spent $1 billion on bitcoins just on the eve of the sharp decline of the BTC price. The latter was triggered by the Fed Chair’s announcement of the change of pace for…
Quantum BioPharma Ltd. , a Nasdaq-listed biotech and medical research company, has purchased $1 million in Bitcoin and other cryptocurrencies as part of a strategic move approved by its board of directors.
Speaking in an interview with Yahoo Finance, Senator Cynthia Lummis outlined a plan to authorize the Federal Reserve to purchase and hold Bitcoin, integrating it as a key asset in the country’s financial strategy.
After the Fed cut the interest rate by 0. 25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit.
Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective.
Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.5 million, bringing its total holdings…
Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue. The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its…