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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. дальше »
2018-9-13 18:07 | |
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Berkeley Economics Professor Claims Stablecoins Aren’t Viable
Stablecoins are a temporary answer for the volatile market of traditional cryptocurrencies. These fiat-backed coins, such as Tether (USDT) or the Winklevoss Twins’ new Gemini Dollar, are generally used to exchange and store value in a safer way than, say, Bitcoin (BTC). дальше »
2018-9-13 08:11 | |
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The White Company to Bring Stablecoins to Stellar
Last month, The White Company and FinTech Ltd. announced a partnership to bring White Company’s stablecoins to FinTech’s Interstellar decentralized exchange. Initially, The USD-backed White Standard Stablecoin (WSD) will be integrated into the dex, with plans to incorporate stablecoins pegged to the British Pound and Euro. дальше »
2018-9-12 16:00 | |
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Analyzing the Current Stablecoin Landscape
Stablecoins are the goal of achieving genuinely price-stable cryptocurrencies that can effectively function as a medium of exchange, store of value, and fungible unit of account. The post Analyzing the Current Stablecoin Landscape appeared first on CoinSpeaker. дальше »
2018-9-12 15:18 | |
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NY Approves Stablecoins Gemini Dollar and Paxos Standard Token
The New York Department of Financial Services (NYDFS) has authorized Gemini Trust Company LLC, the cryptocurrency exchange platform founded by the Winklevoss brothers, and Paxos Trust Company LLC, formerly itBit, to offer a price-stable cryptocurrency pegged to the US dollar. дальше »
2018-9-12 22:39 | |
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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain
Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD). дальше »
2018-9-11 01:58 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U. дальше »
2018-7-18 22:00 | |
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Malta-based STASIS Launches New Euro-Backed Stablecoin
Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end. дальше »
2018-7-16 19:46 | |
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