A crypto startup Stronghold is launching a new stablecoin in partnership with IBM.
Stronghold, a financial institution building an asset-agnostic global payment and trade ecosystem, is launching a cryptocurrency insured by the Federal Deposit Insurance Corp. IBM is partnering on the initiative with Stronghold, and will explore how to use the token.
Stronghold is a financial institution building an “asset-agnostic” global payment and trade ecosystem.
Founded in 2017, Stronghold is built on open source distributed ledger technology and connects the world with buying and selling assets in less than a minute.
Recently, a Maltese cryptocurrency project STASIS launched a Euro-pegged stablecoin with the aim to bridge the gap between the decentralized cryptocurrency market and the traditional financial system has.
Technology giants IBM have been at the frontline of the blockchain and cryptocurrency revolution for quite some time now. According to a Reuters report, IBM in collaboration with financial services provider, Stronghold has launched a stable coin backed by the fiat dollar.
Tech behemoth IBM has partnered with Stronghold to create the world's first FDIC-backed cryptocurrency stablecoin, Stronghold USD.
The post IBM and Stronghold Partner to Release USD-pegged Stablecoin appeared first on CoinCentral.
В ближайшее время на криптовалютном рынке появится ещё один стабильный токен, который выпустит стартап Stronghold в партнерстве с американским технологическим гигантом IBM. Как и USDT, новый стейблкоин USD Anchor будет привязан к доллару США, и будет построен на платформе Stellar.
US-based financial services firm Stronghold announced the launch of a stable coin called Stronghold USD. The company is working with IBM to explore use cases.
A crypto startup Stronghold is launching a new stablecoin in partnership with IBM. The coin is pegged against the US dollar and is now available to institutional clients.
The post IBM Assists Stronghold in its New USD-pegged Stablecoin Launch appeared first on CoinSpeaker.
Стартап Stronghold в партнерстве с технологическим гигантом IBM создадут еще один привязанный к американскому доллару стейблкоин USD Anchor на блокчейне Stellar, сообщает CoinDesk. Долларовые резервы Stronghold будут помещены в траст Prime Trust, который займется оформлением банковских счетов в учреждениях, застрахованных Федеральной корпорацией по страхованию депозитов (FDIC).
YZi Labs makes its first AI investment in VideoTutor, an AI video education startup founded by 20-year-old Kai Zhao. The firm gained $11 million in funding from major ventures. According to an article published on X, the venture capital YZi…
a16z leads a funding round for a startup that is exploring the use of stablecoins in Pakistan and other emerging countries through neighborhood stores. According to a recent report from Bloomberg, Andreessen Horowitz is spearheading funding for a fairly new…
As tokenized real-world assets surpass $25 billion in value, a new accelerator backed by Galaxy, OKX, and Anchorage aims to prepare startups for institutional scale. Backed by major crypto and fintech players, a new accelerator is setting out to identify…
The Solana-based crypto launchpad Pump.fun is the biggest contributor to the memecoin craze. Since its peak at $7 million, Pump.fun’s revenue dropped by 92%. The recent ICO was planned as a three-day event, but all the tokens were sold out…
In a week when Bitcoin set a fresh record high, the crypto crowd reminded everyone it still has a strong taste for absurd and irreverent coins with zero utility. On Saturday, Pump.fun—a Solana-based platform that lets users create their own…
South Korea’s startup ministry proposed a new law revision that would allow crypto firms to register as venture companies. This reclassification would grant them tax reductions and other benefits.
Crypto funding surged to nearly $709 million during the week of June 8-14, 2025, with a massive $550 million private placement by IREN leading the charge. Venture capital activity remained robust across the sector, particularly in infrastructure, with funding rounds…
