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Billionaire Tim Draper Sees Potential in DeFi and Backs New DAO
17.3.2020
As DeFi continues to evolve, billionaire Tim Draper seizes the opportunity and backs a new DAO
MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos
17.3.2020
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg. Passed Tuesday at 2:58 UTC, the Coinbase- and Circle-backed USDC is now available for use as collateral...
Stablecoins Gain Market Share Amid Crypto Bloodbath
16.3.2020
While most cryptocurrencies have lost half of their capitalization in one month, many stablecoins have seen recent growth in market share
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
Libra Members Hedge Their Bets by Joining Rival Stablecoin Project
12.3.2020
Dubbed the “Celo Alliance for Prosperity,” the stablecoin project is backed by key Libra Association members such as Coinbase Ventures, Andreessen Horowitz and Anchorage
Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
11.3.2020
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD
Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency
11.3.2020
The digital assets lending field seems to be heating up with Blockchain.com starting to offer lending directly to retail consumers globally. Borrowed USD stablecoins can be used by crypto traders to fund their next trades and thus increase the leverage of their holdings. Also Read: Blockchain.com...
Circle Rolls Out Stablecoin Business Accounts, Preps SeedInvest for Sale
10.3.2020
Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot
Central Banks Are Exploring Blockchain — but For Their Own Reasons
8.3.2020
Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows
Why Betting on Gold-Backed Stablecoins Is a Losing Game
4.3.2020
Could the symbiosis of the past and future provide humanity with better financial solutions?
USDZ Capital Group Launches USDZ Stablecoin
4.3.2020
Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject...
Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
3.3.2020
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data
New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
3.3.2020
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies
Bank of England Official Warns Against Crypto, Stablecoins + More News
3.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Digital fiat news
Bank of England Deputy Governor Sir Jon Cunliffe said in a speech that crypto adoption could be a threat...
Ripple Says Stablecoins Could be Created on XRP Ledger
2.3.2020
Ripple CTO David Schwartz outlined potential new features for the XRP ledger in an online interview
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...
Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David Schwartz
28.2.2020
Schwartz said a feature is being developed to allow asset-backed tokens to be minted on the platform
CFTC Holds A Meeting to Learn All About Stablecoins
27.2.2020
The CFTC invites three stablecoin projects to teach what stablecoins and crypto are all about
G20 on Tax, 'Global Stablecoins' and Crypto Market Oversight + More News
24.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Finance ministers and central bank governors of the Group of 20 (G20) major economies released a communique after...
G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
24.2.2020
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also...