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. origin »

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CarbonUSD Among 3 Stablecoins Launched This Week.

It’s a busy week for believers of stablecoins. Carbon launched on Wednesday the third stablecoin making its debut this week — joining Gemini dollar and Paxos. On Sept. 10, Gemini and Paxos were approved by New York State Department of Financial Services (NYDFS) as regulated stablecoins, a move widely-hailed by fintech enthusiasts. origin »

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Ripple Vs R3 Lawsuit Reveals New Information.

Ripple Labs and XRP II LLC have reached an agreement with the R3 blockchain after a long and stretched out lawsuit across the past year over 5 billion token of XRP (worth around $0. 0085 each). The idea of such a huge sum of XRP was offered to R3 at such a massive discount shows the centralised nature of the business. origin »

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You Can Now Swap TRON For Alternative Other Coins.

TRON has now teamed up with another crypto company, the Satowallet-Multi Crypto wallet and Exchange. The partnership is beneficial for both parties involved, it brings TRON into Satowallet’s roster of supported tokens and also brings in a load of perks for the TRON community for example, customers can swap TRON for other cryptocurrencies, which is one of the biggest features of the Satowallet exchange. origin »

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Interstellar Prepares For Warp-Speed Transactions.

It may be only two days old, but Interstellar is ready to transcend time and space—at least when it comes to international payments. The company, which was only recently formed from the merger of Lightyear and Chain, announced its first partnership with ZED Network, a Canada-based startup for global payments. origin »

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KYC-Friendly Companies Establish ‘Blockchain Association’ Lobbying Group in DC.

High-profile cryptocurrency companies and tech veterans are joining forces to form the Blockchain Association — the very first DC-based lobbying group. Fully-Fledged Lobbying Group Prominent cryptocurrency companies such as Coinbase, Circle, Protocol Labs, as well as investors in the field like Digital Currency Group, Polychain Capital, and others, are among the founding members of Blockchain Association, Washington Post reports. origin »

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Morgan Stanley To Give Clients Bitcoin Trading Options.

US multinational investment bank Morgan Stanley is preparing to offer Bitcoin swap trading for its clients, unconfirmed sources report on September 13. Sources Say Morgan Stanley Preparing Swap Trades Citing “people familiar with the matter” in an article from Bloomberg reporter Alistair Marsh, Business Insider’s Frank Chaparro revealed the giant “plans to offer trading in complex derivatives” linked to Bitcoin . origin »

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