Can Stablecoins Truly Offer Economic Stability and Predictability in an Age of Uncertainty?

2019-3-8 22:10

Beneath all the related hype surrounding blockchain technology exists real substance in the industry’s groundbreaking applications that impact our understanding of modern economics. One of those concepts is the trending stablecoin.

Stablecoins, such as Tether, US Dollar Coin, or the newly minted JP Morgan Coin, are designed to function, as their names imply, like a digital currency pegged to a stable asset such as the US Dollar or to a commodity such as gold. In theory,  this promises to encourage greater mainstream adoption of digital currencies if they are backed by real-world assets as it circumvents the issues of price

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ForDeX: Safe App To Buy Stablecoin Cryptocurrencies With USD?

What Is ForDeX? ForDeX is a one-stop market for stablecoins, where users can buy stablecoins with USD. The platform deals with stablecoins in various currencies, allowing users to build a portfolio and trade across top stablecoin projects that represent real currencies such as US Dollar, Korean WON, or the Singapore Dollar. In addition to supporting multiple […]

2019-2-24 09:19


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The Next Big Innovation in Crypto Trading: Delta Exchange’s Stablecoin-settled Futures

Speculation still remains the number one use case for cryptocurrencies. The launch of stablecoins, especially USDT, led to an explosion in spot crypto-to-crypto trading. Delta-Exchange believes that its USDC (a Circle backed stablecoin pegged to the US Dollar) settled futures will have similar impact on the leveraged or margin trading of cryptocurrencies such as bitcoin.

2019-2-12 10:53


Exclusive Interview: Stablecoins – A Future Solution or Another Pathetic Attempt at Market Recovery? Evan Ropp, CEO of Coin360, Weighs in

The cryptomarket has always been volatile. Out of that market volatility, stablecoins have emerged. Stablecoins are cryptocurrencies backed by real assets, such as fiat, gold, and so on. However, they stayed in the background for quite a long time, only gaining popularity when the market fell drastically.

2019-2-11 21:31


Cryptocurrency Researchers Diar Expand Data Platform to Cover ETH and Stablecoins

One of the cryptocurrency industry’s leading research groups, Diar, has announced that it will be expanding its coverage of the digital asset space going forward. Amongst the additional areas focused upon in future editions will be the Ethereum ecosystem, along with the ever-expanding list of stablecoins such as Tether and the Gemini Dollar.

2018-11-14 04:00


Tether (USDT) is here to stay Irrespective of the Launch of More Stablecoins

There has been a sudden rise in the number of stablecoins that are present in the market. Many would think why such is necessary in the same way others ask, why create more crypto tokens and cryptocurrencies when they are already many existing ones in the crypto market? This could be as a result of […] The post Tether (USDT) is here to stay Irrespective of the Launch of More Stablecoins appeared first on ZyCrypto.

2018-9-17 22:35


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07