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Tether Reaches 30 Billion USDT Issued on Tron
13.5.2021
Tether, the largest stablecoin by market cap, has reached a milestone by issuing 30 billion USDT on top of the Tron blockchain. While the stablecoin is now present on several chains, including BSC (Binance Smart Chain) most of it is now on Tron due to the blockchain’s low transaction fees...
Tether discloses full reserve breakdown for the first time
13.5.2021
Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
Facebook’s New Stablecoin Aims a ‘Big Comedown’ from Grand Libra Plans
13.5.2021
Once heralded as the future of global finance, it appears that the Facebook-led Diem project (formerly Libra) is now set to launch in the United States as a USD-pegged stablecoin.
In a press release, Facebook and its Diem partners announced that it would be teaming up with the American crypto...
Diem parters with Silvergate bank to launch stablecoin in the US
13.5.2021
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate
Vitalik Buterin says Uniswap should become an oracle token
12.5.2021
“UNI is in an excellent position to be a token for such an oracle,” said Buterin, in reference to decentralized pricing oracles for stablecoins
As Bitcoin’s payment options grow, BTC true future role up for debate
8.5.2021
Declaring BTC a store of value — e.g., gold 2.0 — but not a medium of exchange, defies logic. It must first have a use case
Venture Capitalist Proposes a Single Decentralized Crypto as a Solution to Boost Africa’s Inter-Regional Trade
6.5.2021
South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According to Jordaan, who is also the former CEO of one of South Africa’s leading...
Accenture and Digital Dollar Foundation to trial United States CBDC this year
4.5.2021
Five pilot programs will gather data on a digital dollar in the United States over the next 12 months
Glassnode predicts BTC rally as stablecoin supply tags record highs
4.5.2021
Tether, USD Coin, Binance USD, and DAI are now worth more than $78 billion combined
The way of the stablecoin: A journey toward stability, trust and decentralization
2.5.2021
Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year
Billionaire Mark Cuban’s Million-Dollar Bet: BTC or ETH to Outpace the S&P 500 in 10 Years
1.5.2021
The American billionaire entrepreneur and television personality, Mark Cuban, has waged a bet with Creative Planning’s founder Peter Mallouk over the performance of cryptocurrencies versus the S&P 500. Cuban said on Twitter that the two should put $1 million into a stablecoin-based smart...
Europe awaits implementation of regulatory framework for crypto assets
1.5.2021
A deep dive into the EU’s Markets in Crypto-Assets regulatory proposal, which could provide a precedent for other countries
Got crypto? Here are 3 debit cards that let you spend your stack
30.4.2021
Crypto debit cards are growing in popularity as holders look for effortless ways to spend their assets
Tether’s reserves are fully backed, according to latest assurance opinion
29.4.2021
“The group’s consolidated assets exceed its consolidated liabilities,” Moore Cayman wrote of Tether Holdings Limited
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