Search
Stablecoins race ahead: Fiat-backed crypto booming amid uncertainty
17.10.2020
Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market?
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump
9.6.2020
On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin. On June...
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...
Fiat-Backed Stablecoins — Attempt to Take the Best of Both Worlds
6.10.2019
Fiat backed stablecoins are here to stay, but what makes them so stable and desires? Here are a few examples
StellarX Lists Fiat Backed XLM Offered By Token.io With Support From Its Founder
9.7.2019
Crypto Exchange StellarX announced on Monday that it has listed XLM offered by Token.io, backed by fiat currencies in 1:1 ratio. The listing was done with support from Token.io founder and CEO Steve Kirsch. We're excited to announce that we've recently listed new 1:1 fiat backed XLM tokens...
Carbon Announces the Launch of the First FDIC Insured Fiat Backed Stablecoin TRXD on Tron Blockchain!
22.6.2019
New York-based fintech firm Carbon, on June 21, reported the launch of its FDIC (First Federal Deposit Insurance Corporation) insured fiat sponsored stablecoin on Tron’s blockchain. The alliance between the two groups aims at, giving a very user-friendly payment solution to its clients...
Binance Research Takes Dig Into The Potential of Stablecoins; Fiat-backed Currencies Could Be The Future
20.5.2019
Binance Research, the research, and analysis arm of the world’s largest crypto exchange Binance conducted comprehensive research on stablecoins. The report released sheds light on the development of traditional assets or fiat-backed digital tokens. It also evaluates the stablecoin initiatives...