Tag: stablecoin
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...
Altcoin News
Circle CEO Claims All Fiat Currency Will Become Cryptocurrencies
The CEO of fintech firm Circle has said that all global fiat currencies will eventually become cryptocurrencies, arguing that it "seems inevitable."Circle Wants to...
