Tag: Stablecoins
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SCB Launches First Stablecoin Cross-Border Payment in Thailand
SCB launches Thailand’s first stablecoin-based cross-border payment service, improving efficiency, lowering costs, and enhancing remittances globally. Siam Commercial Bank (SCB), Thailand’s fourth-largest and oldest bank,…
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Bitso, Mercado Bitcoin, and Foxbit Launch BRL1 Real-Pegged Stablecoin in Brazil
Three major players in Brazil’s cryptocurrency market—Bitso, Mercado Bitcoin, and Foxbit—have teamed up to launch BRL1, a stablecoin pegged to the Brazilian real. This new…
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Tether May Become the Second-Largest Cryptocurrency Soon
Will stable currencies ultimately take over bitcoin? According to a new report, the controversial stable coin known as Tether is slated to become the second-largest…
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Randal Quarles: We Don’t Understand Enough About Crypto and Stable Coins
Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other cryptocurrencies…
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Japanese Financial Group Set to Build Its Own Form of Crypto
Mizuho Financial Group in Japan is allegedly planning to release its own form of crypto in 2019. The coin will be paired with the Japanese…
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BitGo Rolls out Custodial Support for the Top Stablecoins
Custodial services for cryptocurrencies are in high demand. BitGo, a global leading security firm, is in the process of supporting additional tokens. Their list is…
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CoinJar Co-Founder Says Stablecoins Are the “Craze Right Now”
The co-founder of a Melbourne-based Bitcoin exchange has said that stablecoins are the “craze right now,” with money and expertise moving toward it. Rising Interest…
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Nexo Entices Non-USDT Stablecoin Holders to Provide Loan Liquidity
The cryptocurrency world has seen an influx of stablecoins. While their initial purpose is to provide a stable asset value, Nexo sees merit in this…
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Huobi Simplifies Stablecoin Management With HUSD Program
Cryptocurrency exchange Huobi has launched the HUSD program that will make it easy for customers to trade against different stablecoins and manage their portfolio. Huobi…
