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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...
Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand
26.3.2020
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult
PAX Gold Can Now Be Traded Against Swiss Franc and British Pound
20.3.2020
PAX Gold gets first-ever listing against the Swiss franc and the British pound on Switzerland-based exchange Smart Valor
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
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 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
Ethereum’s Value Transfer Is Now Dominated by Stablecoins
31.1.2020
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is...
Bitfinex Adds Margin Trading on Tether Gold With Pairs of Up to 5x Leverage
31.1.2020
Bitfinex has launched margin trading for Tether Gold with select pairs of up to 5 times leverage
More Than 77 Crypto Projects Claim to Be Backed by Physical Gold
26.1.2020
The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether...
Bitpay Users Can Now Purchase Crypto With Fiat In-App
25.1.2020
On January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the latest...
Paxos’ Tokenized Gold Futures Are Now Trading on FTX Exchange
14.1.2020
For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX
Kraken Cryptocurrency Exchange to Add Support for OmiseGo and PAX Gold
28.10.2019
Cryptocurrency exchange Kraken is adding support for OmiseGO and PAX Gold, trading starts on Oct. 29
Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold
5.9.2019
Stablecoin operator Paxos announced a gold-backed Ethereum token, PAX Gold
Blockchain.info Adds PAX Stablecoin to Mobile Wallet
31.5.2019
Crypto-wallet powerhouse Blockchain is adding a dollar-pegged stablecoin to attract more users
Crypto.com’s Crypto Earn and Crypto Credit are Making New Waves in the Banking Market
17.5.2019
Crypto.com has announced the launch of “Crypto Earn and Crypto Credit” system. This scheme point blank is targeting to replace the regular bank account dealings, dependency, system, and maybe it is an overall enhancement over the traditional banking system. The company made this announcement...
Seed CX Announces the Launch of PAX, USD Coin & TrueUSD
16.5.2019
The Seed CX has announced the addition of three Stablecoins, namely PAX, USD Coin and TrueUSD, which would lead to increased liquidity on the Stablecoin market. The company led by Edward Woodford now enables spot trading against the dollar on the three Stablecoins. They plan to offer additional...
Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD
13.5.2019
PAX stablecoin tokens can now be instantly redeemed for U.S. dollars, the company announced
PAX Streamlines Redemptions in Battle for Stablecoin Market Share
13.5.2019
Paxos is doubling down on a traditional approach to crypto custody and enabling instant stablecoin redemptions