Meet "BUSD": Crypto Exchange Binance Rolls Out Its Own USD-Backed Stablecoin

2019-9-6 17:33

The stablecoin market is getting more saturated with each passing day

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stablecoin getting market saturated day passing each

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Tether drags itself into another conundrum as stablecoin clogs up Ethereum’s network

The world’s largest altcoin’s blockchain is apparently suffering from a case of network saturation. Last week, Vitalik Buterin had stated that the Ethereum blockchain was getting full, adding that the consequences leading up to this situation would be higher transaction fees, something which may breach the affordability factor (make it expensive, basically) for some users.

2019-8-28 21:30


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Cryptocurrency traders are shifting from stablecoins to Bitcoin

The second half of 2018 has seen Dollar-pegged cryptocurrencies (stablecoins) flood the market, but recent data suggests that Bitcoin might become the one true stablecoin. The latest report from blockchain research group Diar shows while Tether still accounts for an overwhelming majority of the total stablecoin volume, cryptocurrency traders are actually starting to exchange with Bitcoin directly, rather than use new, regulated alternatives.

2018-10-24 13:51


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