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PortuguêsStablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year. Bitcoin (BTC) and other cryptocurrencies have opened the…
Continue ReadingCrypto debit cards are growing in popularity as holders look for effortless ways to spend their assets. As blockchain technology and the public’s awareness of cryptocurrency continues to grow, a…
Continue ReadingA deep dive into the EU’s Markets in Crypto-Assets regulatory proposal, which could provide a precedent for other countries. The global landscape of crypto-asset regulations is diverse and, even though…
Continue Readinge-Money is a fast, frictionless form of digital cash that can be used for payments, remittances, and as a safe store of value cryptocurrency, especially during periods when crypto market…
Continue ReadingThe blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched…
Continue ReadingThe 50 billionth USDT token has been minted, Tether has confirmed. The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign…
Continue ReadingDecentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts. As central bank digital currencies, or CBDCs, continue to garner mainstream traction across…
Continue ReadingThe digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller…
Continue ReadingCoinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin‘s regulatory issues. The United States’ largest cryptocurrency exchange, Coinbase, is listing Tether (USDT) on…
Continue ReadingThe FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol. Base-money protocol Ampleforth has announced the launch of a new…
Continue ReadingThe precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform. Dubai Multi Commodities Centre — a free trade zone established by the…
Continue ReadingAn anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers. Facebook-backed digital currency project Diem could yet launch its first stablecoin in…
Continue ReadingAfter the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least…
Continue ReadingKotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to…
Continue ReadingMaker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Stablecoins have become a significant foundational piece for the cryptocurrency sector because…
Continue ReadingAs distinct from traditional shares, a stock token can be fractionalized into smaller, more affordable units, meaning that more users can potentially benefit from capital returns on equities. Cryptocurrency exchange…
Continue ReadingIs a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges? Nearly half a billion in Tether inflows was recorded on April 8 across major Bitcoin…
Continue ReadingMajor Polkadot ecosystem investors are backing the DeFi protocol. Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved…
Continue ReadingThe new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project…
Continue ReadingThe largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether…
Continue ReadingTech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in January. Indian multinational technology firm Tech…
Continue ReadingDespite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon. The launch of Ethereum-backed stablecoin called…
Continue ReadingThe company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published…
Continue ReadingTether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman. Tether Holdings Limited, a company behind the world’s…
Continue ReadingBritish regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country. John Glen, the United Kingdom’s financial…
Continue ReadingOn Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD…
Continue ReadingCryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin. Stablecoins like Tether (USDT) and USD Coin (USDC) have hit another milestone in terms of accumulation by…
Continue ReadingEther, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per…
Continue ReadingThailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a…
Continue ReadingKevin Weil has previously said that the launch of the Facebook-backed stablecoin would be “a journey of years and decades.” Kevin Weil, the vice president of product at Facebook’s digital…
Continue ReadingThe Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers. The Bank of Thailand has issued a stern warning against a privately issued stablecoin pegged to the…
Continue ReadingThe new coin is named after a god in Irish mythology and will go by the ticker symbol EURL. Groupe Casino, a 120-year-old retail company headquartered in France, will reportedly…
Continue ReadingBitcoin dropped below $60,000 on Sunday after new all-time highs, but stablecoin inflows show this is not a big concern. Bitcoin (BTC) pared some gains, dipping below $60,000 on March…
Continue ReadingAuckland-based financial service provider Techemynt announced the launch of a stablecoin reportedly backed by the New Zealand dollar. In a statement from Techemynt today, the firm announced it had launched…
Continue ReadingNon-fungible tokens and high-yielding decentralized finance platforms have been the focus of attention in the cryptocurrency sector for the past few months. This intense focus on NFTs, DeFi and Bitcoin‘s…
Continue ReadingDecentralized finance transaction combination tool Furucombo will compensate the victims of a recent “evil contract” exploit that cost the protocol $15 million in stolen funds. Following an internal call with…
Continue ReadingJust days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt.…
Continue ReadingIn an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be backed by Canadian dollars deposited with the bank. The Canadian…
Continue Readingpress release PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin…
Continue ReadingVeteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins. DFX raised more than $5 million…
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