Tag: stablecoin

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Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

GMO Internet to Launch Yen-Pegged Cryptocurrency Stablecoin in 2019

GMO Internet recently revealed plans to launch a Yen-pegged cryptocurrency stablecoin next year. This move marks another chapter in the company’s drive to expand...
Altcoin News

PwC to Collaborate with Cred To Launch US Dollar Based Stablecoin

Stablecoins play an increasing role of importance in the cryptocurrency industry. Over half of a dozen currencies pegged to the US Dollar exist already....
Altcoin News

2018 Is the Year of the Stablecoins: What You Need to Know

There is a growing demand for stablecoins, cryptocurrencies that are pegged to a physical asset. With currently more than 50 stablecoin projects in the...
Altcoin News

Winklevoss Twins Launch US Dollar-Backed Cryptocurrency

Tyler and Cameron Winklevoss have received NY state approval for the launch of the Gemini Dollar, a U.S. dollar-backed cryptocurrency. The impact that cryptocurrency is...
Altcoin News

IBM is Working on a Stablecoin Backed by the US FDIC

IBM is reportedly looking into a cryptocurrency that's tied to the U.S. dollar, which will rely on a platform developed by Stellar. IBM Experiments with...
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