Stablecoins

Governance

MakerDAO Token Holders Approve Fee Increase for Ethereum Stablecoin

Votes have been cast in overwhelming support of increasing borrowing fees to the dollar-backed stablecoin dai.

Tech  ·  7 March 2019
MakerDAO

MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin

With the DAI's dollar-peg "almost at a breaking point," governance token holders are considering whether to raise the "Dai Stability Fee."

Business  ·  5 March 2019
Markets

TrueUSD Stablecoin to Add ‘Real Time’ Monitoring of Dollar Backing

TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.

Business  ·  5 March 2019
Tron

Tether to Launch New Version of USDT Stablecoin on Tron Blockchain

Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.

Tech  ·  4 March 2019
Regulation

Will Fiat-Backed Stablecoins Pass Legal Muster With the SEC and CFTC?

As stablecoins see greater capital inflows and adoption, regulators will likely take a harder look at their compliance status.

Policy & regulation  ·  2 March 2019
Stablecoins

Facebook Plans Cryptocurrency Launch in First Half of 2019: NYT Report

A report from the New York Times says plans to launch a cryptocurrency product in the first half of 2019.

Markets  ·  28 February 2019
Chainalysis

Blockchain Sleuthing Startup Chainalysis Raises $30 Million

The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.

Business  ·  12 February 2019
Exchanges

Winklevoss Exchange Gemini Shuts Down Accounts Over Stablecoin Redemptions

OTC traders tell CoinDesk that crypto exchange Gemini is limiting access to redemptions of its GUSD stablecoin.

Markets  ·  5 February 2019
Exchanges

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Business  ·  5 February 2019
Stablecoins

Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

Business  ·  5 February 2019
Bitcoin

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation.

Tech  ·  31 January 2019
Japan

Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.

Tech  ·  21 January 2019
Stablecoins

Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor’s Report

Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton.

Business  ·  17 January 2019
BitGo

Genesis, BitGo Team Up to Ease Crypto Trading for Institutions

BitGo and Genesis Global Trading are targeting Wall Street institutions with a new high-speed crypto trading service.

Business  ·  16 January 2019
Exchanges

Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

Here's why several stablecoins saw sudden bursts of activity over the past three months.

Business  ·  16 January 2019