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Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe
5.2.2021
Bitfinex says early Friday it repaid fully of the loan to Tether
Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner
5.2.2021
Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said
Circle Launches USD Coin on the Stellar Network
4.2.2021
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official...
The Block Founder Mike Dudas Takes Stablecoin Role at Paxos
3.2.2021
The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business
Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets
3.2.2021
According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.”...
LUNA doubles in price after $25 million investment by Galaxy Digital
3.2.2021
The Terra Protocol is an up-and-coming crypto platform for DeFi and payment projects, spurred on by working products and a growing audience for DApps based on its technology
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
2.2.2021
Buying in these stablecoins may foretell where the crypto market is going
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
2.2.2021
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part...
Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
31.1.2021
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means...
Stablecoin holdings on crypto exchanges hit a new all-time high
29.1.2021
Stablecoins like Tether are flooding crypto exchanges again, potentially pointing at another upward move on crypto markets
A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...
Second-Generation Lending Protocol Lendefi Is Coming for Compound’s Crown
27.1.2021
PRESS RELEASE. Lendefi is a brand-new protocol aiming to provide opportunities such as lending and borrowing, leveraging and investing. Lendefi is an innovative second-generation DeFi lending protocol that allows lenders to earn interest on stablecoin deposits, and for borrowers to obtain...
Major Russian Bank Sberbank Files Application to Launch Its Own Stablecoin — Possibly Pegged to the Fiat Ruble
27.1.2021
A major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin.” Bank Expects the Stablecoin Could Launch in the Spring of 2021 During an interview...
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
27.1.2021
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance
All risk, no gain? The vague definition of stablecoins is causing problems
25.1.2021
It is a sign of our industry’s youth that we routinely fail to provide a coherent descriptive definition of a stablecoin
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
25.1.2021
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using...
Ethereum will become the main asset for investors in 2021
24.1.2021
The potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH
Wen? Now! BadgerDAO’s synthetic rebasing Bitcoin, DIGG, goes live
22.1.2021
A $20 million synthetic rebasing Bitcoin token launch has gone live — but will it even work?
Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
22.1.2021
Retail users may have to wait in much of the world, however