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Central Banks, Stablecoins and the Looming War of Currencies
20.8.2019
A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world's biggest central banks
Crypto Exchange Binance Announces New Stablecoin Initiative
19.8.2019
The crypto exchange has announced that it's launching Venus, a project that will develop "localized" stablecoins around the world
Binance DEX About to List TrustToken’s GBP, USD, HKD, CAD, and AUD Stablecoins
8.8.2019
Binance Decentralized Exchange (DEX) is all set to list as many as five new stablecoins on its platform. All the five stablecoins pegged to fiat are from the recognized issuer TrustToken, a firm backed by the renowned venture capital company Andreessen Horowitz (also known as a16z). TrustToken...
Local Gov’t Stablecoins Booming in South Korea
4.8.2019
A shining windmill in Ulsan, the seventh-largest city in the country, that is planning to launch its UlsanPay project. Cryptocurrency companies are pariahs in South Korea, where initial coin offerings and direct investment remain banned. But blockchain technology, which the government has earmarked...
Marijuana-focused Stablecoin Issuer Added to Arizona Fintech Sandbox
31.7.2019
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
Tether Stablecoin Launches on Blockstream’s Liquid Network Sidechain
29.7.2019
A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network
Tether Stablecoin Launches on Blockstream’s Liquid Sidechain Network
29.7.2019
A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network
Huawei CEO Calls on China to Create a Rival to Facebook’s Libra Crypto
26.7.2019
Huawei's CEO said: "Even China is able to issue such currencies, why wait for Libra?"
Russian Manufacturers Want to Sell Arms ‘using BTC or Stablecoins’
26.7.2019
Soyuzmash, a body of Russian military and civilian vehicle makers wants the country’s Central Bank to grant it permission to accept cryptocurrency payments in international arms deals – as an attempt to circumvent sanctions. Soyuzmash’s proposal has the backing of the parliament’s defense...
Binance Jersey Lists Exchange’s New UK Pound-Backed Stablecoin
19.7.2019
The Jersey arm of Binance has listed the cryptocurrency exchange's own British pound-backed stablecoin, BGBP
Huobi Revamps HUSD Stablecoin to Help Power ‘Fiat On-Ramp’
17.7.2019
Huobi is overhauling its HUSD stablecoin in a new partnership with Paxos and Stable Universal
Tether Stablecoin to Launch on 5th Blockchain
17.7.2019
The popular and sometimes controversial stablecoin tether (USDT) is to launch on the algorand blockchain
How US Congress Can Make Stablecoins and Libra Irrelevant
16.7.2019
Source: iStock/Uko_Jesita
It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and governments in parts of the world have tried their best to control digital tokens...
Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them
16.7.2019
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again
Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper
16.7.2019
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption
$1 Million Loans Are Being Minted on MakerDAO – More May Be on the Way
9.7.2019
A bullish ETH market appears to be increasing the number of large collateralized debt positions on MakerDAO
Libra, TON and JPMorgan Coin Compared: Are They Heroes or Villains?
8.7.2019
Libra, Ton and JPMorgan Coin, the three projects proposing a new approach to blockchain and cryptocurrencies — a giant step toward adoption or the meddling of big business in the world of crypto?
Competing Stablecoins Can’t Topple Tether
6.7.2019
Love, hate or fear it, there’s no avoiding tether (USDT). Its shadow looms over the cryptoconomy, supplying sanctuary in times of volatility, providing fiat capital inflow and acting as a lightning rod for crypto critics who believe it’s propping up the price of bitcoin. Over the past...
Research: Only 30% of Known Stablecoins Are Live and Operational
28.6.2019
New research from Blockdata shows that 30% of known stablecoin projects are live
Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto
28.6.2019
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon