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Future Bleak for Private Stablecoins, SFB Economist Says
7.7.2020
SFB Technologies' chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins
The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
7.7.2020
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework....
Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features
7.7.2020
With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the stablecoin...
S Korean Province Mulls Local Stablecoin-powered Universal Basic Income
7.7.2020
Typical Korean street food. The Governor of Gyeonggi Province, South Korea’s most populous province, has suggested launching a universal basic income – funded by local stablecoins.
Per OhMyNews, the proposal, spearheaded by Lee Jae-myung, who was elected Governor of Gyeonggi Province in 2018,...
Biggest Corporations Sceptical of Introducing Crypto Payment Option
5.7.2020
Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports
Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
3.7.2020
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...
Coinbase and Circle-Backed Stablecoin USD Coin Breaks $1B Market Cap
3.7.2020
Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months
Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion
2.7.2020
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion. Tether (USDT) is a well...
Tether Crosses $10B, Leaving Competing Stablecoins in the Dust
1.7.2020
Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year
Tether: Challenging the USD’s Hegemony, Championing CBDC and Beyond
30.6.2020
Exploring six major points regarding Tether’s impact on geopolitics and the future development of sovereign digital currency
First Rupiah-Backed Stablecoin Launches on Binance and Tokocrypto
30.6.2020
Binance launched the stablecoin on its own blockchain thanks to a collaboration with Indonesian crypto exchange Tokocrypto
What Recent Developments in the Fintech Space Mean for Our Future
28.6.2020
There have been several significant movements forward for digital assets, and there are more to come. Here’s what to keep an eye on
Not Like Before: Digital Currencies Debut Amid COVID-19
27.6.2020
The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services
How Global Stablecoins Can Promote Financial Stability in the World
27.6.2020
Global stablecoins could provide market participants with a cost-efficient means to rebalance their capital across global markets
Circle, Coinbase Bring USDC Stablecoin to Algorand’s Blockchain
25.6.2020
The CENTRE consortium is teaming up with the Algorand Foundation to launch the USDC stablecoin on the Algorand network
Circle Announces Support for USDC Stablecoin on Algorand Blockchain
24.6.2020
USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain
Surge in Stablecoin and DeFi Growth Bring Ethereum Fees to 2-Year High
24.6.2020
Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price?
CBDCs Don’t Fix Broken Monetary Policy, Say Execs at Stablecoin Saga
22.6.2020
CBDCs promise to speed up existing systems but are unlikely to change the direction central banks have already been taking
Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’
22.6.2020
Economists at the Federal Reserve suggest that Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year
WisdomTree Tests SEC’s Bitcoin Acceptance Threshold With Latest ETF Filing
20.6.2020
The SEC has rejected an ETF with only a 25% BTC component before, but how about just 5%? WisdomTree may be testing the agency’s limits