Stablecoins

China

$1 Billion Blockchain Fund Founders Plan Japanese Yen Stablecoin

Founding partners of the $1 billion blockchain fund backed by a Chinese city government are planning to roll out a Japanese yen-pegged stablecoin.

Markets  ·  18 September 2018
Exchanges

A Top-20 Crypto Exchange Is Replacing Tether With a Rival Stablecoin

Tether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change?

Markets  ·  14 September 2018
Ethereum

Carbon Becomes Latest Startup to Launch a Dollar-Pegged Stablecoin

Crypto project Carbon has launched its own ethereum-based, dollar-pegged stablecoin dubbed CarbonUSD.

Tech  ·  12 September 2018
Exchanges

Gemini Launches NYDFS-Regulated Crypto Pegged to the Dollar

Crypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today.

Policy & regulation  ·  10 September 2018
Exchanges

Paxos Unveils Dollar-Backed Stablecoin Approved by New York Regulator

Blockchain startup Paxos has launched a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors.

Business  ·  10 September 2018
Investments

Binance Backs $32 Million Funding for Unicorn Founder’s Crypto Stablecoin

With an e-commerce company leading the launch of a new stablecoin, its founders and allies believe they can really bring crypto to consumers.

Business  ·  29 August 2018
Digital Currency

As Central Banks Go Digital, Crypto Competition Looms

The race is on to build the best "stablecoin" – a cryptocurrency with mechanisms aimed to reduce price volatility built in.

Policy & regulation  ·  28 August 2018
Stablecoins

Blockchain Startup Havven to Launch Stablecoin on EOS This Year

The EOS blockchain may soon see what appears to be the first stablecoin on its platform if a startup's plan comes to fruition.

Tech  ·  8 August 2018
Tether

Stablecoins Will Do More Than Just Reduce Crypto Price Volatility

Stablecoins will play an important role bridging traditional markets with the programmable financial tools enabled by crypto, argues Abra's CEO.

Markets  ·  19 July 2018
Exchanges

IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.

Business  ·  17 July 2018
Exchanges

Tether Review Claims Crypto Asset Fully Backed – But There’s a Catch

Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats.

Markets  ·  20 June 2018
Investments

A16z Leads Investors in $20 Million Token Presale for Crypto Assets Platform

TrustToken, which aims to put tokenized assets on a blockchain, raised $20 million in a strategic token sale with help from Andreessen Horowitz.

Markets  ·  18 June 2018
Investments

Bain, Lightspeed Back First ICO With $133 Million Basis Funding

There are many stablecoins, but only one that has one investor who busted a central bank and another who used to help run one. Also, Google and Bain.

Markets  ·  18 April 2018
Investments

Carbon ‘Stablecoin’ Project Raises $2 Million in Seed Round

Cryptocurrency startup Carbon has raised $2 million in seed funding, the company revealed to CoinDesk, Thursday.

Business  ·  12 April 2018
Funding Rounds

A Stablecoin for HODLers? ‘Pizza CEO’ Raises $3 Million for New Crypto

"Stablecoins" continue to be a much sought-after tech for ICOs, and a new one, Fragments, now boasts investment from True, Pantera and FBG.

Tech  ·  19 March 2018