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Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
27.7.2020
The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011
Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard
26.7.2020
The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market...
Stablecoin Issuers Be Warned: New York AG’s Arm Is Long
25.7.2020
New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court
Avanti Announces ‘Cash-Equivalent Stablecoin Disruptor’
24.7.2020
Avanti’s crypto-friendly bank is now planning to launch in October after its banking charter application was accepted by Wyoming’s banking regulator
World Stablecoin Association Launches in Switzerland
23.7.2020
The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC
Binance to Transfer BUSD Across Blockchains on Syscoin-Ethereum Bridge
23.7.2020
The bridge integration will make the stablecoin available on the Syscoin blockchain for the first time
Eftpos Australia Launches DLT Micropayments Pilot With Hedera
23.7.2020
Australia’s leading point-of-sale technology provider, Eftpos, is launching a proof-of-concept exploring DLT-powered micropayments in partnership with Hedera
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
23.7.2020
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...
Tether Jumps to $10 Billion Market Capitalization
22.7.2020
Tether has reached $10 billion in market capitalization as growth in 2020 picked up
Bitcoin Targets $1T in Settlement in 2020 — Stablecoin Growth Explodes
22.7.2020
Bitcoin has settled $712 billion already in 2020, while stablecoins have already seen their biggest year ever
Ethereum ‘Flippens’ Stablecoins to Become the Most Used Blockchain
21.7.2020
Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain
Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
21.7.2020
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT
Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’
21.7.2020
With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino
PayPal to Reportedly Offer Crypto Trading Through Paxos Partnership
20.7.2020
PayPal reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos
ERC-20 Tokens Make up About 50% of Entire ETH Blockchain
20.7.2020
Ether now accounts for only half of the value on the ETH blockchain as DeFi tokens like LINK and stablecoins take its place
$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens
19.7.2020
During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash...
Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop
18.7.2020
The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between...
A Path of Challenges: Will CBDCs Prevail Over Private Blockchains?
16.7.2020
CBDCs will be the leading digital currencies of the future, and only the competition between various models will determine the winner
South Korean Local Stablecoin Operator Posts Record Profits
15.7.2020
Business appears to be booming for a company operating an increasingly large number of South Korean local stablecoins.
Per Fn News, the Korea Minting and Security Printing Corporation (KOMSCO) – the company that has printed banknotes and minted coins for the nation’s treasury for the past 70 or...
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
14.7.2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020