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Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency

One of the largest financial institutions of the country, the Union Bank of the Philippines, has announced the launch of its own crypto today to connect rural banks via its blockchain platform. A blockchain platform and a fiat-pegged stablecoin The stablecoin dubbed PHX – which is pegged to the Philippine Peso (PHP) – is already […] The post Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency appeared first on CCN Markets дальше »

2019-7-27 14:56


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Billionaire to Launch First Ever Cannabis-Pegged Stablecoin

Greek billionaire Alkiviades David has reportedly created the world’s first stablecoin pegged to the price of legal cannabis. Swissx Bank of Cannabis Issues SWX Stablecoin As a press release confirmed July 25, the so-called Swissx Bank of Cannabis (SBC), headquartered in the Swiss city of Gstaad, aims to provide the legal cannabis industry with a secondary market. дальше »

2019-7-26 13:00


Dukascopy’s Dukascash Stablecoin Adds Five Pegged Fiat Currencies; CNY+, GBP+, JPY+, MXN+, RUB+

Ever since Tether (USDT) launched its stablecoin and achieved some success in pegging its value to fiat currency, several companies are trying to take its place. True USD (TUSD), USD Coin (USDC), Paxos Standard (PAX) and other names easily come to mind when we talk about this. Now, a new company is trying to get […] дальше »

2019-7-4 00:08


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TrustToken Inc. Launches Hong Kong Dollar-Pegged Stablecoin TrueHKD

TrustToken Inc. , the company behind the TrueUSD (TUSD) stablecoin has launched a new digital token pegged one-to-one with the Hong Kong dollar, reports Crowdfund Insider, June 24, 2019. TrustToken Enters the Asian Waters In a bid to tap into the lucrative Asian digital currencies space, TrustToken has launched the world’s first digital token pegged toRead MoreRead More. дальше »

2019-6-25 19:00


TrustToken launching its first Asia-based stablecoin: TrueHKD

TrustToken, a digital stablecoin provider, today announced it is launching its first stablecoin pegged to an Asian currency, the Hong Kong dollar. The new stablecoin, TrueHKD, is fully backed by Hong Kong dollars and is launching with the support of Hong Kong-licenced digital asset custody provider Legacy Trust. TrueHKD is now available for purchase in […] дальше »

2019-6-25 02:55


Binance’s CZ submits proposal for listing BTCB on Binance DEX; case of the transferred 9001 BTC solved

Binance, the Changpeng Zhao-led cryptocurrency exchange, has been on an uptrend recently with respect to terms of updates and developments. The latest release from the company is the launch of the BTCB, which aims to provide a token pegged to BTC’s value for trading on Binance DEX, with asset backing guaranteed by Binance. дальше »

2019-6-18 18:30


Binance выпустит токен, обеспеченный биткоином

Крупнейшая криптовалютная биржа Binance выпустит на базе собственного блокчейна несколько токенов, привязанных к криптовалютам. Первой такой монетой станет BTCB — обеспеченный биткоином токен стандарта BEP2. дальше »

2019-6-17 18:22


Are Bitcoin [BTC] & Tether [USDT] joined at the hip?

Bitcoin [BTC], the largest cryptocurrency in the market, and Tether [USDT], the largest stablecoin in the market, were initially pegged on opposite ends of the spectrum. The king coin is rightly considered to be the beacon of decentralized currency, completely detached from the fiat world, one which the cryptocurrency industry aims to eventually move away […] The post Are Bitcoin [BTC] & Tether [USDT] joined at the hip? appeared first on AMBCrypto. дальше »

2019-6-12 16:30


Facebook Exec Confirms New GlobalCoin Stablecoin Will Be Linked To A Variety Of Currencies

Facebook Exec Confirms New Stablecoin Will Be Linked To Multiple Currencies The details surrounding the upcoming GlobalCoin from Facebook have been minimal. However, when the head of financial services and payment partnerships for Northern Europe, Laura McCracken, spoke with a German business magazine this week, she said that the stablecoin would not be pegged to […] дальше »

2019-6-7 21:51


Facebook and JP Morgan’s tryst with digital assets legitimizes crypto-industry, claims Bitpay’s Singh

With all the focus firmly pegged on the price chart of Bitcoin [BTC], the case for mainstream financial and technology institutions veering towards the digital assets realm is often forgotten. Bitpay’s Sonny Singh however, claims that this very adoption is buoyant for the industry as it brings legitimacy. дальше »

2019-5-29 16:30


Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin

It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block. дальше »

2019-5-22 11:12


Coinbase’s Brian Armstrong gets called out for shilling USDC coin after Bitfinex/Tether episode

The significance of stablecoins has been a hotly debated topic in the crypto community, splitting the opinions of major crypto-proponents across the board. The recent Tether/Bitfinex episode raised many questions about Tether’s status as a dependable stablecoin, since the virtual asset lost its 1:1 pegged valuation against the US Dollar, for a while. дальше »

2019-5-2 11:55


Кошелек Blockchain добавил поддержку стейблкоина Paxos Standard

Провайдер популярного криптовалютного кошелька Blockchain представил своим пользователям доступ к стейблкоину Paxos Standard. Токены PAX привязаны к доллару США в соотношении 1:1 и и регулируются Управлением финансовых услуг штата Нью-Йорк. дальше »

2019-5-2 08:53


Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk

The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million. дальше »

2019-5-1 19:30