Stablecoins

Stablecoins

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.

Markets  ·  10 September 2019
Exchanges

Binance Launches Dollar-Backed Crypto Stablecoin With NYDFS Blessing

Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos.

Markets  ·  5 September 2019
Stablecoins

A Crypto Fix for a Broken International Monetary System

Mark Carney's recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.

Policy & regulation  ·  2 September 2019
Stablecoins

Beyond USD: The Next Frontier for Stablecoins

The next generation of stablecoins will eschew the U.S. dollar as their basis, writes Bitspark's George Harrap.

Tech  ·  27 August 2019
China

Central Banks, Stablecoins and the Looming War of Currencies

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.

Tech  ·  20 August 2019
Exchanges

Crypto Exchange Binance Announces New Stablecoin Initiative

The crypto exchange has announced that it's launching Venus, a project that will develop "localized" stablecoins around the world.

Tech  ·  19 August 2019
Stablecoins

Walmart Wants to Patent a Stablecoin That Looks a Lot Like Facebook Libra

Retail giant Walmart has applied for a cryptocurrency patent that bears some similarities to the Libra token proposed by Facebook in mid-June.

Business  ·  2 August 2019
Stablecoins

Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox

Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations

Policy & regulation  ·  31 July 2019
Tether

Tether Stablecoin Launches on Blockstream’s Liquid Sidechain

A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network.

Markets  ·  29 July 2019
Huawei

Huawei CEO Calls on China to Create a Rival to Facebook’s Libra Crypto

Huawei's CEO said: "Even China is able to issue such currencies, why wait for Libra?"

Markets  ·  26 July 2019
Exchanges

Binance Jersey Lists Exchange’s New UK Pound-Backed Stablecoin

The Jersey arm of Binance has listed the cryptocurrency exchange's own British pound-backed stablecoin, BGBP.

Markets  ·  19 July 2019
Paxos

Huobi Revamps HUSD Stablecoin to Help Power ‘Fiat On-Ramp’

Huobi is overhauling its HUSD stablecoin in a new partnership with Paxos and Stable Universal.

Markets  ·  17 July 2019
Tether

Tether Stablecoin to Launch on Algorand Blockchain

The popular and sometimes controversial stablecoin tether (USDT) is to to be added to the algorand blockchain.

Markets  ·  17 July 2019
Tether

Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.

Markets  ·  16 July 2019
Regulation

Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

Policy & regulation  ·  16 July 2019