Español
PortuguêsPaxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and…
Continue ReadingTether’s general counsel said a full audit is coming in months. There will be an official audit of the world’s most popular stablecoin Tether within months according to the project’s…
Continue ReadingGrant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what’s going on with Tether‘s commercial paper reserves. Auditors working for Circle have disclosed the reserves…
Continue ReadingPayments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler will allow more banks and…
Continue ReadingOn July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.”…
Continue ReadingThe President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. United States Treasury Secretary Janet Yellen has told financial regulators that the…
Continue ReadingOver the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still…
Continue ReadingHop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks. Hop Protocol, a team working on interoperability within Ethereum’s layer-two ecosystem, has launched…
Continue ReadingThe Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and…
Continue ReadingFitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. The growth of stablecoins that are not fully backed by safe assets could…
Continue ReadingThe growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant…
Continue ReadingCentre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other…
Continue ReadingTether supplies on Ethereum are dwindling as USD Coin demand grows and grows. USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant…
Continue ReadingThe second biggest stablecoin by market capitalization is already a multi-blockchain project. Soon, though, USDC will live almost everywhere. According to Coindesk, it will soon be available in, “Avalanche, Celo,…
Continue ReadingCoinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows…
Continue ReadingThe announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. Major cryptocurrency exchange Coinbase has announced users will…
Continue ReadingCrypto.com and Circle’s partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries. Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp…
Continue ReadingThe algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as…
Continue ReadingBoston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the…
Continue ReadingFollowing from his five hours guest spot in Lex Fridman’s podcast, Charles Hoskinson is back at his desk. And true to his academic nature, he promises that his company IOHK…
Continue ReadingThe Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a…
Continue ReadingThe $25 million fund will be used to support Miami-based blockchain startups developing digital payment solutions on the Algorand network. Borderless Capital’s support for Algorand-based development has taken another incremental…
Continue ReadingThe Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent…
Continue ReadingDiem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with its focus scaled back to the United States. The company…
Continue ReadingThe three largest stablecoins represent a combined capitalization of $60 billion. Research from on-chain analytics provider Glassnode has revealed that the top three stablecoins represent more than 90% of the…
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 ReadingUSDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins. The co-founder and CEO of Circle, Jeremy Allaire, has made a bold prediction that…
Continue ReadingNew reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to…
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 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 ReadingAccording to Reuters, Visa announced today that it will begin accepting cryptocurrency USD Coin (USDC) to settle transactions on its payment network. The move by the fintech giant coincides with…
Continue ReadingDuring the last few months, a great number of businesses have been adding cryptocurrency support to their payment systems. On Tuesday, the luxury hotel group called The Kessler Collection announced…
Continue ReadingCurve Finance’s governance token CRV (not to be confused with CURV – recently acquired by Paypal) token has shot up to $2.46 on March 2nd from its monthly low of…
Continue ReadingDigital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over…
Continue Reading