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Libra Association Hires Former HSBC Europe Managing Director, James Emmett
In an announcement on Thursday, Libra Association announced James Emmett, former European head at HSBC as the new managing director of its subsidiary, Libra Networks LLC. Emmett will start his role at the digital stablecoin firm on October 1. дальше »
2020-9-18 20:18 | |
Coinbase & Circle’s USDC Stablecoin Now Available on Algorand Blockchain; Up to 1000 TPS
Center Consortium, a blockchain group led by payments firm Circle, and the largest crypto exchange in North America Coinbase, announced the addition of Algorand (ALGO) as the latest blockchain to host its USDC stablecoin. дальше »
2020-9-10 16:21 | |
USDC 2.0 Introduces “Gasless Sends” to Tackle Skyrocketing Ethereum Gas Fees
Members of the Centre Consortium — Circle and Coinbase – have unveiled USDC 2. 0 to tackle notorious Ethereum network gas fees. Circumventing Ethereum Gas Woes U. S. -based cryptocurrency exchange Coinbase and P2P payments technology firm Circle have launched a new USDC stablecoin with several upgrades to the underlying protocol and smart contract. дальше »
2020-8-28 16:07 | |
Crypto Markets Report – Stablecoin Usage Is Skyrocketing In East Asia
According to a new report by analytics firm Chainalysis, East Asia is increasingly seeing more crypto trading activity, East Asia represents the largest crypto market with 31% of all cryptocurrency transacted in the previous 12 months. дальше »
2020-8-22 23:20 | |
Over $50 Billion in Tether (USDT) Moved From Chinese Borders in 2020
China-based Tether addresses accounted for over $50 billion in transfers outside the country’s borders this year, according to a report by on-chain analysis firm Chainalysis. Tether finds Takers Tether, the fourth-largest cryptocurrency by market cap, is a stablecoin said to be backed 1:1 with the USD. дальше »
2020-8-21 13:07 | |
Tether Is An Accident Waiting To Happen, Says Veteran Trader Peter Brandt
Tether (USDT) is a stablecoin backed by the dollar at a rate of 1:1. According to the parent firm, USDT will always maintain a 1-to-1 ratio with the U.S. dollar in terms of value, however, Tether has received enormous amounts of criticism over the years, specifically because of their claims about the digital asset being […] дальше »
2020-8-13 16:35 | |
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows that tether’s daily transaction value is set to eclipse bitcoin’s […] The post Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value appeared first on Bitcoin News. дальше »
2020-7-23 11:30 | |
The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework. дальше »
2020-7-8 23:30 | |
Celsius Secures $10M Investment from Tether in First Equity-Financing Round
Stablecoin firm Tether Ltd has invested $10 million in Celsius Network’s first equity financing round, which raised a total of $30 million. Tether Could Be a Powerful Partner Celsius Network... дальше »
2020-6-23 23:44 | |
Coinbase Drops APY for USDC Stablecoin from 1.25% to 0.15% Starting Today
Coinbase has said that it will reduce the annual rewards on holding USDC stablecoins by 88% in a recent email announcement. The firm noted that the Annual Percentage Yield (APY) will be adjusted to 0. дальше »
2020-6-3 17:02 | |
BitPay Adds Binance’s USD-Pegged Stablecoin, BUSD To Its Merchant Payment Platform
In an announcement by BitPay, a merchants’ crypto payments processing firm, announced the addition of Binance USD (BUSD) on it platforms. Merchants will now be able to accept Binance stablecoin across the U. дальше »
2020-4-28 21:44 | |
Chainlink Cryptocurrency is Up 100 Percent YTD; What’s Behind the Intense Rally?
Chainlink has beaten bitcoin while emerging as one of the most profitable assets in the cryptocurrency, as well as the traditional market, in 2020. Demand for Chainlink’s LINK token has gone up after a US-based venture capital firm has backed its use to offer collateral to dwindling stablecoin DAI. дальше »
2020-4-20 10:05 | |
Growing Stablecoin Balance Could Give Bitcoin Bulls a Powerful War Chest
Bitcoin’s bulls and bears have reached an impasse as the cryptocurrency enters a consolidation phase within the upper-$6,000 region. This lackluster bout of sideways trading comes shortly after the crypto faced multiple firm rejections in the lower-$7,000 region. дальше »
2020-4-16 00:00 | |
MakerDAO (MKR) Partners with Simplex to Enable Dai (DAI) Purchase with Fiat
MakerDAO, Ethereum-powered decentralized finance (DeFi) heavyweight, has joined forces with Simplex, a European Union-licensed firm that provides a fiat gateway to leading bitcoin trading venues. The deal will enable Simplex to create a fiat on and off-ramp for the DAI dollar-pegged stablecoin, according to reports on March 3, 2020. дальше »
2020-3-4 14:00 | |
Weiss Ratings Believes Tether Stablecoin Is More Liquid Than XRP Hence A Better Option For Fintech Firms
Cryptocurrency Rating firm Weiss Ratings has posited that instead of Azimo partnering with Ripple to leverage XRP for faster and cheaper payments in the Philippines it should have instead used stablecoins like Tether (USDT). дальше »
2020-2-28 15:19 | |
Shopify Joins Facebook-led Libra Association To Help Build Stablecoin Payment Network
E-commerce platform Shopify has announced that it has joined the Libra Association. This means that the online shopping firm is the latest entrant of the Facebook-led stablecoin project. The entry of Shopify into the association comes barely a month following Vodafone’s pull out with the aim of developing its solo virtual payments platform. This marks […] дальше »
2020-2-22 20:48 | |
Tether Begins Monitoring Traders With Chainalysis Tracking Tool
Stablecoin giant Tether (USDT) is the latest crypto firm to adopt anti-money laundering (AML) tracking solutions from blockchain forensics firm Chainalysis. Tether Partners with Chainalysis Chainalysis announced the news of the deployment in a press release issued on Wednesday (February 12, 2020). дальше »
2020-2-13 15:50 | |
How Ethereum’s Economy is Now Dominated by Stable Value Transfer
Ethereum is more than just a cryptocurrency-asset; it is an entire digital economy and ecosystem. Recent research has found that stablecoin value transfer has now flipped ETH on its network. According to the crypto-research firm Messari, ERC-20 stablecoins on the Ethereum network have now overtaken ETH itself in terms of the adjusted transfer value. дальше »
2020-2-2 20:05 | |
Pornhub To Pay Performers In Crypto Using Tether (USDt) Stablecoin Via TronLink Wallet
Adult content provider, Pornhub has added a new payment option for its actors which includes Tether (USDT) stablecoin, CoinDesk reports. On Thursday, the adult content firm announced that it will now let its performers be paid using USDT and will use TRONLink wallet for all USDT transactions. дальше »
2020-1-24 22:53 | |
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. дальше »
2020-1-12 09:21 | |
Circle Sells Off OTC Desk To Kraken Exchange To Focus Solely On USDC Stablecoin Services
Circle recently announced that their platform would be going through some changes, namely positioning themselves as a stablecoin services provider exclusively. Having already sold their OTC trading desk, the firm made an announcement that there were many executives that will no longer work with the company. дальше »
2019-12-18 16:17 | |
Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm
Amidst regulatory uncertainty, U. K. -based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not anonymous, making it unlikely to win over Bitcoin enthusiasts who value the coin’s decentralized mode of operation. дальше »
2019-12-11 20:00 | |
Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market
Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless,." дальше »
2019-11-26 18:30 | |
Circle’s USDC Stablecoin Receives Clean Audit Report; Fiat Backed Reserves Grow by Over 50%
The USDC stablecoin parent company, Circle, most recent audit report shows the firm is liquid enough to back its 1:1 token peg ratio against the dollar. According to the audit done by Grant Thornton, Circle’s operation is well balanced besides being supported by Financial Services giant, Goldman Sachs. Back in October, Circle issued a circulating […] дальше »
2019-11-21 19:15 | |
BVCI Launches Second Stablecoin, This Time USD-Pegged CUSD
On Monday, November 11, a Canadian blockchain firm, Blockchain Venture Capital Inc. (BVCI), announced the launch of their second stablecoin. It is called CUSD and it is pegged against the US dollar. дальше »
2019-11-11 22:29 | |
Canadian firm launches yet another stablecoin - CUSD
Cryptocurrencies' volatility has been an obstacle to adoption; however, the sector introduced the concept of stablecoins to address the issue of volatility. Soon after which several countries, as wellThe post Canadian firm launches yet another stablecoin - CUSD appeared first on AMBCrypto. дальше »
2019-11-11 16:00 | |
Zilliqa (ZIL) Blockchain to Be Used for Xfers’ Pilot Stablecoin Project
According to a November 7, 2019, report by Tech in Asia, Singapore-based fintech firm Xfers – in tandem with blockchain platform Zilliqa – is set to launch a pilot stablecoin initiative dubbed StraitsX. дальше »
2019-11-9 20:00 | |
Canada’s Ledn Set to Offer DAI Loans Backed with Bitcoin (BTC) as Collateral
Canadian blockchain startup, Ledn, opens up Latin American cryptocurrency holders to DAI loans using their digital assets as collateral. According to a published post on Coindesk, the firm will start off by offering Bitcoin (BTC) backed loans in the Ethereum based DAI stablecoin in order to promote the use of crypto across the region. Get […] дальше »
2019-10-30 00:15 | |
“Hell No”: Twitter CEO Jack Dorsey Confirms He’ll Never Join Facebook’s Libra Project
Jack Dorsey, CEO of two multi-billion dollar companies, microblogging network Twitter and payments technology firm Square, has said that Twitter will never join the Facebook-led Libra stablecoin project. On October 24, a Twitter thread by... дальше »
2019-10-25 10:29 | |
Bitfinex and Tether Lawsuit Analysis: The Severity of Roche Freedman’s Case
Stablecoin firm Tether and its associate exchange Bitfinex have received a suit filed by a New York-based legal firm Roche Freedman against Tether token (USDT, stating that it is engaged with market manipulation as the consequence of an unpublished paper. дальше »
2019-10-13 19:04 | |
Tether more transparent than most banks: VanEck’s Gabor Gurbacs
Recently, Gabor Gurbacs, Director at the investment management firm VanEck, posted a tweet in support of the popular, but controversial stablecoin pegged to the U. S. Dollar, Tether. This tweet comes just one day after Tether became the subject of a class action lawsuit, one alleging that the stablecoin caused $1. дальше »
2019-10-9 00:30 | |
Global Currency Organization Launches USD Digital (USDD) Stablecoin; Profit Sharing For Institutions
Former employees of JP Morgan, Intel, and TrustToken have come together to start a new firm and have released a new stable coin called USD Digital (USDD) token, backed by US Dollar. However, the new stable coin has a twist to its business model, where the institutions using the token would share the revenue. The […] дальше »
2019-10-1 20:42 | |
Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement
U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform. дальше »
2019-9-18 15:20 | |
Tether (USDT) Launches Digital Yuan Before PBoC
Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency. Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. дальше »
2019-9-10 00:15 | |
Tether’s new yuan-based stablecoin is the newest addition in circumventing regulations
Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country. дальше »
2019-9-10 22:15 | |
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. дальше »
2019-8-31 01:59 | |
Hong Kong’s HashKey Capital Invests into Terra’s Luna Mining Token
HashKey Capital, a venture capital firm based in Hong Kong, has recently invested in another Asian company called Terra. Terra is a stablecoin provider which also manages a payment network. Instead of using the investment to buy equity at the other company, HashKey Capital decided to buy tokens instead. The venture capital company bought several […] дальше »
2019-8-27 22:25 | |
Tether to Launch Chinese Yuan-Pegged Stablecoin ‘CNHT’
Tether Limited, the creators of Tether (USDT), the largest stablecoin on the market and seventh-largest cryptocurrency in the world by market capitalization, has announced plans to launch CNHT, a stablecoin the highly controversial firm claims will be backed by offshore Chinese yuan, according to reports on August 21, 2019. дальше »
2019-8-21 17:36 | |
Tether set to launch CNH-pegged stablecoin; Renrenbit to be the first investor
The contentious stablecoin operator, Tether, is all set to issue a new stablecoin, CNHT, pegged to CNH, offshore Chinese Yuan Renminbi. The news was confirmed by Zhao Dong of DGroup, who spoke to ChainNews on August 21. дальше »
2019-8-21 15:14 | |
Binance Jumps into the Astrological Waters of Stablecoin With its New Project Dubbed “Venus”
Binance, the world's largest cryptocurrency exchange has announced a new project dubbed “Venus” that will develop digital assets pegged to fiat currencies around the world aka stablecoins. This stablecoin initiative of the exchange will see the firm utilizing its proprietary Binance Chain network— that uses “distributed proof of stake” consensus model” — and international payment […] дальше »
2019-8-19 16:19 | |
South Korean Firm To Fork Ripple And Develop A New ‘ChainZ’ Social Value Coin Donations Platform
As per an all-new report released by S. Korean media outlet Cosun yesterday, local holding company SK C&C has announced its decision to create a new donations platform that will be built atop a Ripple blockchain fork. дальше »
2019-8-10 18:50 | |
Walmart Applies for a Cryptocurrency Patent for Its Stablecoin Mimicking Facebook’s Libra?
Multinational retail corporation, Walmart has filed for a patent with the US Patent & Trademark Office for what seems like the firm’s respective stablecoin, the Walmart Coin. As per the brief overview of the application, the need for a method was outlined as follows: “Generating one digital currency unit by tying the one digital currency […] дальше »
2019-8-3 19:47 | |
Marijuana Stablecoin Asked to Play in Arizona Fintech Sandbox
Arizona, home of the first U. S. FinTech Sandbox, has admitted another cryptocurrency startup into the program that is designed to ease regulatory burdens for entrepreneurs in the financial technology space. дальше »
2019-8-2 21:30 | |