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Bitcoin Strongest In North America, Asia More Open to Stablecoins, Altcoins
17.9.2020
Bitcoin (BTC), the first and largest cryptocurrency, has the strongest positions among crypto users in North America, while stablecoins and altcoins get more attention in Asia, a new report from crypto analysis firm Chainalysis showed.
According to the report, BTC made up 72% of the crypto...
Libra appoints HSBC veteran to manage crypto project's operational wing
17.9.2020
Top financial services experts continue to join the Libra project
Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June
15.9.2020
Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin, USDC, as a global settlement solution for its non-fungible tokens (NFTs)
The Crypto Firms Collaborating on a Swiss Franc Stablecoin
14.9.2020
“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
12.9.2020
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing...
‘No Other Option but More Collateral’: The Short- (and Long-) Term Fixes for Dai’s Broken Peg
11.9.2020
Stablecoin demand in yield farming is breaking dai's peg. Solutions revolve around USDC and Maker's version of QE, but will these measures last?
European Ministers Call on EU Commission to Regulate Stablecoins
11.9.2020
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins
Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
11.9.2020
Banque de France Governor François Villeroy de Galhau wanted about the threat of "Big Tech" stablecoins
Stablecoins post triple-digit growth in 2020, but institutional rivals loom
11.9.2020
Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon
DeFi ‘Sucks in’ Billions in Newly Issued Stablecoins
4.9.2020
In the past three months, during the DeFi (decentralized finance) frenzy, the market capitalization of the five largest stablecoins increased by 52%, to almost USD 16.6bn, data shows.
While the most popular stablecoin, tether (USDT), increased its market capitalization by 47%, to more than...
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
Bank of England Governor Wants Global Regulations as Stablecoins Pick Up Steam
3.9.2020
Bank of England governor Andrew Bailey wants coordinated global regulation around stablecoins as the payment method picks up steam
DeFi users turn to USDC stablecoin to earn high-yield interest — Data shows
1.9.2020
Data shows DeFi platforms and their users are rapidly increasing their use of USDC stablecoin after Curve Finance launched
What the Fed’s New Inflation Policy Means for Stablecoins
31.8.2020
Stablecoins, which have been on a pandemic tear, have the potential to soak up deposits currently held by banks, where they offer little or no interest
DeFi, DEXs, Stablecoins, Chainlink - All Scam, Says Craig Wright
31.8.2020
Craig Wright. Source: a video screenshot, Youtube, Crypto Finder
Pretty much the entire decentralized finance (DeFi) ecosystem, including decentralized exchanges (DEXs) and platforms aiming to be decentralized oracle networks, namely Chainlink (LINK), and in addition to stablecoins - are all scams...
DeFi Is a ‘Complete Scam,’ Says Controversial Entrepreneur Craig Wright
31.8.2020
nChain chief scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."
Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future
26.8.2020
Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...
Could Stablecoins Kill off Ripple?
22.8.2020
The stablecoin market is booming. Since the start of the year, fiat-pegged tokens have seen an aggressive influx of funding as crypto traders continue to seek price-stable assets as a store of value.
However, stablecoins are evolving past trading asset usage scenarios and are now increasingly being...
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
20.8.2020
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare...