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Stablecoins: Are Fiat Crypto-currencies Going to Pass the Stress Test to Succeed?

The stablecoin market was once relatively simple. Very few substantial coins existed, and exchanges almost exclusively relied upon USDT (Tether) as their go-to pegged token to facilitate trade. But in 2018, there has been a proverbial explosion of interest in the creation of new coins pegged to something stable in value. Part of this increased […] дальше »

2018-10-24 00:54


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Bitcoin Payments Provider BitPay Adds Gemini Dollar and USD//Coin as Settlement Options

Cryptocurrency payments provider BitPay added two stablecoins for fiat-equivalent settlements at merchant-level on Oct. 15, according to a press release. Stablecoin Usage Gaining Traction Seeing a significant demand for the usage of credible stablecoins in the cryptocurrency market, BitPay added Circle’s Centre USD//Coin (USDC) and the Gemini Dollar (GUSD) – both pegged on a 1-to-1 basis […] The post Bitcoin Payments Provider BitPay Adds Gemini Dollar and USD//Coin as Settlement Options appeared first on CryptoSlate. дальше »

2018-10-17 16:00


This website is tracking the instability of stablecoin Tether

The cryptocurrency sector has grown anxious over a market reliance on controversial “stablecoin” Tether (USDT), after its value dropped well below its supposedly pegged price of $1. In fact, the market is so concerned with the risks associated with USDT that a “Tether premium” has formed on the cryptocurrency exchanges still using it. дальше »

2018-10-16 15:57


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

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. дальше »

2018-9-13 18:07


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