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Nalezeno "us stablecoin": 3978

USDC to consolidate reserves into cash and US treasuries

24.8.2021
Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September

Stablecoin adoption and the future of financial inclusion

19.8.2021
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need

Cardano Fuelled Again by Stablecoin and Smart Contract Progress

19.8.2021
Cardano’s native token ADA today resumed its price rally as work continues on the smart contract-enabling “Alonzo” upgrade, and a new paper is published that details the technical underpinnings of a Cardano-powered stablecoin. As of press time on Thursday (09:09 UTC), ADA was up by 5.1% over...

Utopia P2P Introduces Anonymous USD Stablecoin Backed by DAI

18.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant...

Bitcoin bulls at risk? Tether growth rate flatlines despite market cap crossing $64B

18.8.2021
The market capitalization of the world's largest stablecoin received a boost despite facing regulatory threats in the United States

Unbound Finance Launches Polygon-Based CrossChain Stablecoin

18.8.2021
Unbound Finance, which specializes in minting UND stablecoins, will attempt to increase the fungibility of the automated management systems based on Polygon by employing Polygon’s high-speed, uncomplicated technology. The Polygon Network is set to become the launchpad for the earliest stablecoin...

RenVM Ventures With ICHI to Develop Decentralized Stablecoin

12.8.2021
Stablecoins are presently leading the race. Many companies are collaborating to encash this opportunity. Another venture that is grabbing headlines happened between RenVM and ICHI, which are coming up with DeFi based stablecoins to get a hold of the market. ICHI and RenVM have joined hands...

Chilean Peso stablecoin goes live on Stellar Network

12.8.2021
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets

Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin

11.8.2021
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”

Biconomy’s Hyphen enables low-cost transfers between Ethereum and Polychain

10.8.2021
Biconomy is planning to launch its native token, BICO, in the near future. The company also claimed that it will expand to support over 30 decentralized applications

Personal Savings Feature Added to West African Platform Facilitating Crypto-to-Fiat Conversion

10.8.2021
Duniapay, a digital banking platform created by three students from Burkina Faso, has added a personal savings feature to its banking application that already provides residents from some 14 West African countries with a flexible digital platform to access financial services. Using a Stablecoin...

The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman

10.8.2021
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report...

Tether claims to have increased total assets by $21B in new accounting review

9.8.2021
Tether has been publishing periodic accounting reports to the public after reaching a settlement with the New York Attorney General’s office in February 2021

Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing

6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum

5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...