Stablecoins

Tether

Tether Stablecoin Launches on Its Seventh Blockchain

The world's largest stablecoin by market value is now live on the Bitcoin Cash network via the Simple Ledger Protocol.

Markets  ·  20 March 2020
Equities

Dollar-Backed Stablecoins Are Holding Their Own Amid Coronavirus Chaos

As the global equities markets continue their free fall, stablecoins seem to be weathering the storm.

Markets  ·  18 March 2020
MakerDAO

MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos

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.

Tech  ·  17 March 2020
Paxos

Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals

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.

Markets  ·  11 March 2020
Coinbase

Circle Rolls Out Stablecoin Business Accounts, Preps SeedInvest for Sale

Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot.

People  ·  10 March 2020
Wallets

Blockchain.com Wallet Users Can Now Borrow Against Their Crypto Holdings

Users can borrow U.S. dollar-denominated stablecoins against bitcoin in their wallets.

Business  ·  10 March 2020
Paxos

Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs

While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.

Markets  ·  3 March 2020
Europe

New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions

STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies.

Business  ·  3 March 2020
Stablecoins

Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David Schwartz

Ripple CTO Schwartz said a feature is being developed to allow asset-backed tokens to be minted on the platform.

Tech  ·  28 February 2020
Binance

Binance and Others Are Rushing to Provide Stablecoins to Nigerian Crypto Users

Here's how crypto exchanges are on-boarding unbanked users in Nigeria.

Business  ·  21 February 2020
Ethereum

Libra Minus Facebook: Why Celo Is 2020’s Buzzy Token Project

With $30 million from Polychain and a16z, here's how the buzzy Celo plans to rival Libra on financial inclusion.

Business  ·  12 February 2020
CBDCs

Circle Founder: Digital Currencies at Key Growth Moment as Governments Take Notice

Jeremy Allaire sees governments and industry finally taking blockchain seriously. That's a big deal.

Policy & regulation  ·  12 February 2020
Chainalysis

Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools

Tether is using Chainalysis' "Know Your Transaction" tool to create risk profiles for USDT users and monitor potentially suspicious activity.

News  ·  12 February 2020
Canada

Joint Venture Launches Canadian Dollar-Pegged Stablecoin for Financial Services

Canada Stablecorp, a joint venture between Mavennet and 3iQ, has begun issuing its QCAD stablecoin in a bid to digitize financial services such as international remittances.

Markets  ·  11 February 2020
Exchanges

Winklevoss Patents Tout Use Case for Gemini Stablecoin Tech in Banking

Banks and other "trusted entities" could become licensed issuers of the stablecoin, the patents suggest.

Tech  ·  3 February 2020