Economist Steve Hanke has joined the board of advisors for the P2P cryptocurrency exchange AirTM and will guide its Latin American expansion, including a new system for price-stable assets he…
Continue ReadingBinance, one of the world’s largest cryptocurrency exchanges by trading volume, is adding support for Circle-issued stablecoin USDC. This article is originally written and posted on https://www.coindesk.com/binance-exchange-will-list-circles-usdc-stablecoin-this-week. Visit https://www.coindesk.com/ today for…
Continue ReadingBitGo now supports over 100 assets, including new stablecoin offerings, as it works to offer a wide spectrum of services for institutional investors. This article is originally written and posted…
Continue ReadingThe interoperable dollar-pegged crypto token CarbonUSD has just launched as the first stablecoin on the EOS platform. This article is originally written and posted on https://www.coindesk.com/carbons-stablecoin-can-now-be-swapped-between-eos-and-ethereum-blockchains/. Visit https://www.coindesk.com/ today for all…
Continue ReadingThe interoperable dollar-pegged crypto token CarbonUSD has just launched as the first stablecoin on the EOS platform. This article is originally written and posted on https://www.coindesk.com/carbons-stablecoin-can-now-be-swapped-between-eos-and-ethereum-blockchains. Visit https://www.coindesk.com/ today for all…
Continue ReadingIn recent weeks two new cryptocurrencies have been listed on Coinbase, 0x and BAT. Both resulted in predictable pump and dumps immediately before and a few hours after the announcements.…
Continue ReadingPwC Is Advising (Not Auditing) Another Stablecoin Project The Hong Kong division of global accounting and consulting firm PwC is exploring the best practices for issuing stablecoins, as part of an…
Continue ReadingPwC’s Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter. This article is originally written and posted on https://www.coindesk.com/pwc-is-advising-not-auditing-another-stablecoin-project/. Visit https://www.coindesk.com/…
Continue ReadingLast week’s much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether’s balance, has been confirmed as genuine by the bank. This article is originally written and posted…
Continue ReadingTether, or USDT, is supposed to remain “tethered” to the US Dollar, as its name implies. That’s its whole purpose as a token: it exists on exchanges as a way…
Continue ReadingCrypto startup Stably has just launched its StableUSD, a dollar-backed competitor to the reigning tether (USDT) stablecoin. This article is originally written and posted on https://www.coindesk.com/another-stablecoin-just-launched-with-real-time-view-of-dollar-backing/. Visit https://www.coindesk.com/ today for all…
Continue ReadingCryptocurrencies are now a new institutional investment class, rather than a fully developed electronic cash, a Morgan Stanley report says. This article is originally written and posted on https://www.coindesk.com/morgan-stanley-says-crypto-is-a-new-institutional-asset-class/. Visit https://www.coindesk.com/…
Continue ReadingCrypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation. This article is originally written…
Continue ReadingTether has had a difficult month, and rivals are eyeing its position as the top crypto “stablecoin.” Here’s how the contest plays out in the data. This article is originally…
Continue ReadingA new ethereum token is being created and it holds a one-to-one peg with bitcoin. This article is originally written and posted on https://www.coindesk.com/a-new-token-is-coming-to-ethereum-and-its-fully-bitcoin-backed/. Visit https://www.coindesk.com/ today for all Crypto News…
Continue ReadingFollowing massive transfers of its dollar-linked tokens into a company-controlled account, Tether has destroyed a large chunk of USDT supply. This article is originally written and posted on https://www.coindesk.com/tether-just-burned-500-million-usdt-stablecoin-tokens/. Visit https://www.coindesk.com/…
Continue ReadingA CoinDesk report regarding a misleading data point on CoinMarketCap has led to a change in the way tether trading volume is calculated. This article is originally written and posted…
Continue ReadingA new stablecoin launching on the Stellar network is pegged to the Australian dollar and is being pitched for consumer and business use. This article is originally written and posted…
Continue ReadingBitfinex’s API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn’t exist. So what does that $48 million in daily volume mean? This article is originally written…
Continue ReadingCoinbase is providing support for the Circle-issued USDC stablecoin. The token will initially be supported through Coinbase Wallet. This article is originally written and posted on https://www.coindesk.com/coinbase-adds-its-first-stablecoin-tied-to-the-us-dollar/. Visit https://www.coindesk.com/ today for…
Continue ReadingBitfinex Took 630 Million Tether Out of Circulation After Drop Below $1 Bitfinex is sending massive quantities of tether tokens back to the vaults. The cryptocurrency exchange has overlapping management and…
Continue ReadingSince tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company’s “treasury” wallet. This article is originally written…
Continue ReadingReplacing tether’s role in the crypto markets will require an obsession with maintaining transparency and trust. This article is originally written and posted on https://www.coindesk.com/the-delicate-psychology-of-stablecoins/. Visit https://www.coindesk.com/ today for all Crypto…
Continue ReadingWorld’s Largest Crypto Exchange Binance Looks to Add New Stablecoins Binance, the world’s largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it…
Continue ReadingIn theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken. This article is originally written and posted on…
Continue ReadingCrypto Exchange Huobi Now Lets Users Swap Between 4 Different Stablecoins Huobi, the Singapore-based cryptocurrency exchange, has just launched a solution that enables users to switch between different types of…
Continue ReadingSingapore-based cryptocurrency exchange Huobi has just launched a solution that enables users to switch between different stablecoins. This article is originally written and posted on https://www.coindesk.com/crypto-exchange-huobi-now-lets-users-swap-between-4-different-stablecoins/. Visit https://www.coindesk.com/ today for all…
Continue ReadingBinance sees stablecoins like tether, and potentially the Gemini Dollar, as “critical for our ecosystem,” the exchange’s chief financial officer says. This article is originally written and posted on https://www.coindesk.com/binance-stablecoins-tether-crypto/. …
Continue ReadingIndian regulators’ clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits. This article is originally written and posted on https://www.coindesk.com/unocoin-bitcoin-exchange-atm-stablecoin-central-bank-crackdown-india/. …
Continue ReadingThe Bibox exchange dominates trading in the Gemini Dollar, the Winklevoss twins’ month-old stablecoin. Its volume surged when tether’s peg broke. This article is originally written and posted on https://www.coindesk.com/gemini-stablecoin-volume-doubles-top-10-exchange-bibox-tether-turmoil/. …
Continue ReadingBuying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT. This article is originally written and…
Continue ReadingAnother Top-10 Crypto Exchange Is Adding 4 Stablecoins This Week Huobi has announced it will list four U.S. dollar-pegged cryptocurrencies this week, making it the latest major exchange to do…
Continue ReadingBitPay Introduces Settlement in Stable Coins BitPay Expands Cross-Border Settlement Options to Gemini Dollar and Circle CENTRE Coin Atlanta, October 15, 2018 – BitPay, the largest global blockchain payments provider,…
Continue ReadingThe Huobi exchange has announced it will add support for four U.S. dollar-pegged cryptos, a day after OKEx did the same. This article is originally written and posted on https://www.coindesk.com/another-top-10-crypto-exchange-is-adding-4-stablecoins-this-week/. …
Continue ReadingPaxos claims it has so far issued a total of $50 million-worth of its Paxos Standard crypto stablecoin since its official launch last month. This article is originally written and…
Continue ReadingHong Kong-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading. This article is originally written and posted on https://www.coindesk.com/crypto-exchange-okex-lists-4-new-stablecoins/. Visit https://www.coindesk.com/ today for all…
Continue ReadingA researcher from the People’s Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday. This article is originally written and posted on https://www.coindesk.com/pboc-op-ed-pushes-use-case-for-yuan-pegged-crypto-stablecoins/. Visit https://www.coindesk.com/ today for…
Continue ReadingInternet Giant GMO to Roll Out Yen-Pegged Crypto Stablecoin in 2019 Japanese IT giant GMO Internet is jumping on the stablecoin bandwagon, planning the launch of a yen-pegged cryptocurrency in…
Continue ReadingJapanese IT giant GMO Internet is jumping on the stablecoin bandwagon with the launch of a yen-pegged cryptocurrency in 2019. This article is originally written and posted on https://www.coindesk.com/internet-giant-gmo-to-roll-out-yen-pegged-crypto-stablecoin-in-2019/. Visit https://www.coindesk.com/…
Continue ReadingFollowing the release of IBM’s much hyped World Wire product, the U.S. tech giant is now further solidifying their position in the blockchain industry with the introduction of a new…
Continue ReadingBoston-based Circle Internet Financial Ltd., creator of the popular retail crypto trading app Circle Invest, has announced that it’s following the lead of other exchanges by launching its own U.S.-dollar…
Continue ReadingCrypto finance firm Circle has officially released its dollar-pegged stablecoin for limited trading, the company announced Wednesday. This article is originally written and posted on https://www.coindesk.com/usd-coin-arrives-circles-crypto-stablecoin-is-now-trading/. Visit https://www.coindesk.com/ today for all…
Continue ReadingEidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that’s redeemable for actual gold. This article is originally written and posted on https://www.coindesk.com/swiss-crypto-startup-eidoo-announces-token-tied-to-the-price-of-gold/. Visit https://www.coindesk.com/ today for…
Continue ReadingFounding partners of the $1 billion blockchain fund backed by a Chinese city government are planning to roll out a Japanese yen-pegged stablecoin. This article is originally written and posted…
Continue ReadingTether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change? This article is originally written and posted on https://www.coindesk.com/a-top-20-crypto-exchange-is-replacing-tether-with-a-rival-stablecoin/. Visit https://www.coindesk.com/ today…
Continue ReadingCrypto project Carbon has launched its own ethereum-based, dollar-pegged stablecoin dubbed CarbonUSD. This article is originally written and posted on https://www.coindesk.com/carbon-becomes-latest-startup-to-launch-a-dollar-pegged-stablecoin/. Visit https://www.coindesk.com/ today for all Crypto News and Information.
Continue ReadingCrypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today. This article is originally written and posted on https://www.coindesk.com/gemini-launches-nydfs-regulated-crypto-pegged-to-the-dollar/. Visit https://www.coindesk.com/…
Continue ReadingBlockchain startup Paxos is launching a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors. This article is originally written and posted on https://www.coindesk.com/paxos-unveils-dollar-backed-stablecoin-approved-by-new-york-regulator/. Visit https://www.coindesk.com/ today for all…
Continue ReadingCryptocurrency Remains Safe Haven as Economies of Venezuela And Turkey Collapse Critics of crypto often talk down on this asset class due to its volatile nature and price instability/unpredictability, however, in…
Continue ReadingCritics of crypto often talk down on this asset class due to its volatile nature and price instability/unpredictability, however, in countries prone to economic instability, crypto assets can prove to be…
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