Tag: stablecoin

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Tether Unveils New Version of Itself Backed By Gold

After first announcing it back in November, Tether has released Tether Gold (XAUT), a new version of the popular cryptocurrency built atop the Ethereum...

Prime Minister Mikhail Mishustin: Crypto Taxes Are Coming to Russia

Russian Prime Minister Mikhail Mishustin is looking to implement crypto taxes in his native land. Mishustin: Crypto Must Be Taxed In a recent interview, Mishustin –...

Aurus Will Issue a New Stable Coin Supported by Gold

Another gold-backed cryptocurrency is making its way onto the trading market. This time, the issuing company is Aurus, a digital currency startup that says...

Jeff Garzik Thinks Stable Currencies Are the True Staples of the Industry

Considering there is so much hype surrounding bitcoin and other mainstream altcoins, is it possible we’ve forgotten about stable currencies? According to Jeff Garzik,...

Binance Now Supports Two Stablecoins Following USDC Addition

Stablecoins continue to play a role of importance in the cryptocurrency industry. Binance, the world's leading altcoin exchange, confirms that the USDC asset will...

Tether Claims $1.8 Billion Balance in Account – Publishes Letter from New Banker as Proof

Just after announcing its new banking partner, controversial stablecoin Tether has published a letter from the bank confirming the availability of more than $1.8...

Tether Announces New Banking Partner, Confirms Cash Reserves

The trouble-stricken stable coin USDT has announced a new banking relationship with the Bahamas-based Deltec bank. Tether’s New Banking Partner Tether Limited, the firm behind the...

Tether Burns 500 Million USDT Coins

The firm behind Tether, the controversial stablecoin, has burned 500 million tokens after a massive sell-off a few days ago by its traders and holders. Tether...

Coinbase Adds Support for Circle Backed USDC Stablecoin

The largest US-based cryptocurrency exchange Coinbase announced support for the dollar-pegged stablecoin issued by Circle – USD//Coin (USDC). First Stablecoin Supported by Coinbase In an...

Novogratz Addresses Tether’s Shortcomings, Roubini’s Remarks

Mike Novogratz, the founder of Galaxy Digital Holdings and an avid supporter of cryptocurrencies, has said that Tether has nobody but itself to blame...

BitPay Introduces Stablecoin-Based Settlement for All Merchants

Dealing with cryptocurrency payments is still somewhat risky. Fluctuating values can make a lot of retailers Bitcoin-averse. BitPay, the leading payment processor, is trying...

OKEx Adds Four Stablecoin Pairings to Give Traders More Choices

The future use of stablecoins in cryptocurrency is almost guaranteed. Numerous exchanges are trying to add these trading pairs in quick succession. OKEx, one...