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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...
MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2%
19.5.2019
MakerDAO initiated a vote about whether to decrease the so-called stability fee for its decentralized stablecoin, DAI
Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves
18.5.2019
The latest third-party audit of its USD-pegged stablecoin USD Coin has been published by Goldman Sachs-backed crypto finance startup Circle
European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
17.5.2019
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
Facebook Registers New Fintech Firm in Switzerland
17.5.2019
Facebook has registered anew fintech firm for blockchain, payments, data analytics, and investing expertise
Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court
17.5.2019
A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General
MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 Months
16.5.2019
Dollar-backed stablecoin DAI is trading above a dollar for the first time in a long-time. MakerDAO token holders have voted to decrease fees on the stablecoin in order to address high market demand for DAI
Seed CX Announces the Launch of PAX, USD Coin & TrueUSD
16.5.2019
The Seed CX has announced the addition of three Stablecoins, namely PAX, USD Coin and TrueUSD, which would lead to increased liquidity on the Stablecoin market. The company led by Edward Woodford now enables spot trading against the dollar on the three Stablecoins. They plan to offer additional...
Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public
16.5.2019
The CEO of Polychain Capital CEO says Facebook will find the most success if it relinquishes authority over the blockchain of its rumored native cryptocurrency
Crypto Exchange Seed CX Adds Support for Three Stablecoins
16.5.2019
Seed CX cryptocurrency exchange adds support for stablecoins Paxos, USD Coin, and TrueUSD
Reserve CEO Predicts Central Banks Will Tokenize, Still Room for Stablecoins
15.5.2019
The CEO of Reserve thinks central banks will tokenize, but lack of privacy in spending will draw businesses and wealthy persons to alternative stablecoin services
Facebook’s Secret Project Libra: Is It Going To Launch Stablecoin-Based Payments Network?
15.5.2019
According to a report published by the Wall Street Journal, Facebook’s much-awaited Stablecoin will focus on brand new payments network. The blockchain initiative called Project Libra will internally implicate a Stablecoin which will be backed by government currency. The report can be read...
Bank of France is Closely Watching Stablecoin Developments, Says Governor
14.5.2019
Bank of France Governor Francois Villeroy de Galhau has reported that the bank is interested in stablecoins
Coinbase Expands Service to 50 More Countries, Launches USDC Support in 85 Jurisdictions
14.5.2019
Coinbase has expanded their service to 50 more countries and launched USDC support in 85 jurisdictions
Coinbase Rolls Out Trading in USDC Stablecoin to 85 Countries
14.5.2019
Coinbase is expanding crypto-to-crypto trading in USD Coin, a dollar-pegged stablecoin, to a host of nations
Tether, Bitfinex Request Lessening of Cash Use Restrictions Imposed by Injunction Order
14.5.2019
Lawyers for Tether and Bitfinex have sent a letter to a judge, asking for more leniency in the use of cash restrictions imposed by last month’s injunction
Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD
13.5.2019
PAX stablecoin tokens can now be instantly redeemed for U.S. dollars, the company announced
PAX Streamlines Redemptions in Battle for Stablecoin Market Share
13.5.2019
Paxos is doubling down on a traditional approach to crypto custody and enabling instant stablecoin redemptions
Facebook’s Stablecoin Gets A Mixed Response At The Testing Stage From India
13.5.2019
It has been almost a year that we have been listening about the Stablecoin of Facebook. The latest predictions say that the Stablecoin will get launched in Q3 of this year. Since last year, there has been some hiring going on for the blockchain team of the company. The team includes who’s who...
Coinbase-Backed Stablecoin Startup Reserve to Launch ‘Venmo Style App’ in Venezuela
12.5.2019
A stablecoin-based, “Venmo style” payments app will be launched in Venezuela and Angola by Coinbase-backed startup Reserve