For most people, the word “stablecoin” brings to mind cryptocurrencies like Tether or Libra. However, there are many versions of stablecoins — ranging from those…
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Tag: stablecoin
One Wallet Owns 27% of Ether Behind MakerDAO’s Sai Stablecoin
Of all the Ether (ETH) locked in the collateralized debt positions (CDPs) of the old MakerDAO system, 27% belongs to a single Ethereum address. Financial…
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SEC Goes Head-to-Head With Telegram, Makes a Guinea Pig of TON
Earlier this week, the Chamber of Digital Commerce went ahead and filed an amicus brief for the ongoing court hearing taking place between Telegram —…
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Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex
Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine…
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Pornhub Adds Tether Stablecoin as New Crypto Payment Option
Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019. According to a…
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The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances
Stablecoins may represent crypto’s best chance of achieving mainstream success and recognition from the traditional financial systems. Just recently, the president of the European Central…
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Huobi Debuts Crypto Brokerage as Its Institutional Arm Grows 400% Since Q3 2019
Major cryptocurrency exchange Huobi is launching its first licensed digital asset brokerage, Huobi Brokerage. Huobi, the fifth-largest crypto exchange by daily trading volume as of…
View More Huobi Debuts Crypto Brokerage as Its Institutional Arm Grows 400% Since Q3 2019
Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet
The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook’s controversial stablecoin Libra. In an official proposal to the Senate published…
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Chinese Blockchain-Based Mobile Payment Revolution: How Is the Biggest CO2 Polluter Becoming Leading World Solar Panels Producer
Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy,…
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WisdomTree Grows a Stablecoin Today to Nurture a Crypto ETF Tomorrow
The news that WisdomTree, a major asset manager with $63.8 billion in assets under its belt, plans to launch a regulated stablecoin — pending approval…
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