Stablecoin

New Stablecoins Commence a Fresh Assault on Tether

Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of…

Libra Association Forms Steering Committee to Guide Technical Development

The Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed…

Asset Manager WisdomTree Hopes to Launch a Stablecoin in the US

Asset manager WisdomTree intends to launch a regulated stablecoin in the United States, financial news outlet FNLondon reported on Jan.…

Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments

Major cryptocurrency exchange Huobi has partnered with a real estate firm in the United Arab Emirates (UAE) to allow real…

Crypto Lending Firm BlockFi Adds Support for Litecoin and USD Coin

Major cryptocurrency lending company BlockFi has added support for two new assets to its list of supported digital currencies. According…

Stablecoins Are Crypto’s Version of Fractional Reserve Banking

Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price…

Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply

Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed…

Euro-Pegged Stablecoin: The Ultimate Growth Driver for Crypto-Lending

We live in the days of next-generation digital money emergence. Ultimately, the world lacks a clean balance sheet and an…

Facebook’s Libra Has Failed in Current Form, Says Swiss President

The basket of assets backing Facebook’s Libra stablecoin needs to change in order for the project to be accepted by…

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