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Algorithmic Stability: How FRAX Is Developing the Future of Stablecoins
27.4.2021
Part-collateralized, part-algorithmically stabilized stablecoin, FRAX is the world’s first fractional-algorithmic stablecoin. The Frax protocol is ideologically pure, extremely stable, and highly scalable on-chain money that consists of a two-token system. The stablecoin Frax (FRAX), and...
LUNA on the Rise as South Korean City Mulls Terra Stablecoin Proposal
27.4.2021
Terra’s LUNA token is enjoying a rapid burst of growth, with prices up almost 9% on the past 24 hours – following news that the South Korean firm may be working on local stablecoin-related plans with the nation’s second city, Busan.
At 09:05 UTC, LUNA, ranked 21st by market capitalization, trades...
Aave v2 launches liquidity mining program targeting stablecoin borrowers
27.4.2021
Aave has launched its v2 liquidity mining program, offering roughly $880,000 worth of governance token rewards to users daily until July 15
Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro
26.4.2021
The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based...
Tether’s market cap hits $50B as stablecoin adoption grows
26.4.2021
The 50 billionth USDT token has been minted, Tether has confirmed
Decentralization is the final frontier for CBDCs
25.4.2021
Decentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts
OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter
24.4.2021
The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize...
Tether gets Coinbase’s seal of approval, will list on pro offering
23.4.2021
Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin's regulatory issues
Ampleforth launches FORTH governance token as adoption grows
21.4.2021
The FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol
DMCC strikes deal to build blockchain-based precious metals refinery in Dubai
21.4.2021
The precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform
Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
20.4.2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers
China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
20.4.2021
After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC)....
Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees
17.4.2021
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market,...
Visa, JPMorgan and ING discuss Bitcoin, Ether and stablecoin development
16.4.2021
Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins
Shift toward full decentralization pushes Maker (MKR) price above $4K
16.4.2021
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized
USDT, USDC, and BUSD represent 93% of stablecoin market cap
13.4.2021
The three largest stablecoins represent a combined capitalization of $60 billion
Binance launches tradable stock tokens in Tesla
12.4.2021
As distinct from traditional shares, a stock token can be fractionalized into smaller, more affordable units, meaning that more users can potentially benefit from capital returns on equities
How the digital yuan stablecoin impacts crypto in China: Experts answer
10.4.2021
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space
Bitcoin exchanges just saw massive Tether stablecoin deposits
8.4.2021
Is a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges?
Equilibrium raises $2.5M to secure support for Polkadot parachain bid
8.4.2021
Major Polkadot ecosystem investors are backing the DeFi protocol