Stablecoins

Stablecoins

Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June

Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).

Business  ·  15 September 2020
Stablecoins

The Crypto Firms Collaborating on a Swiss Franc Stablecoin

“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers.

Business  ·  14 September 2020
CoinFlash

European Ministers Call on EU Commission to Regulate Stablecoins

Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins.

News  ·  11 September 2020
Stablecoins

What the Fed’s New Inflation Policy Means for Stablecoins

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.

Markets  ·  31 August 2020
CoinFlash

DeFi Is a ‘Complete Scam,’ Says Controversial Entrepreneur Craig Wright

nChain Chief Scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."

People  ·  31 August 2020
Bitcoin

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.

Markets  ·  26 August 2020
Ethereum

High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network

Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum.

Tech  ·  19 August 2020
Newsletters

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins

So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

Markets  ·  12 August 2020
Stablecoins

Unpacking the Avit, Avanti Bank’s New Digital Asset Being Built With Blockstream

Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law.

Business  ·  12 August 2020
Newsletters

First Mover: After Falling 65% This Year in Bitcoin Terms, Do ‘Stablecoins’ Need a Rebranding?

So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?

Markets  ·  11 August 2020
CoinFlash

BCB Group Teams With Circle to Offer EU Institutions USDC Stablecoin Settlement

BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.

News  ·  7 August 2020
CoinFlash

Binance Says Licensed Entities Can Now Use Its Stablecoin After Watchdog Approval

NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.

News  ·  7 August 2020
Russia

Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021

Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year

Tech  ·  6 August 2020
Stablecoins

Circle Gets $25M From DCG to Drive USDC Mainstream

USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.

Business  ·  30 July 2020
DeFi

Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum

Terra is joining forces with Cosmos, Web3 Foundation and Solana to roll out a DeFi product meant for a wider consumer audience. Meet Anchor.

Business  ·  28 July 2020