Stablecoin company earns record-level investment sum for a crypto outfit
Circle now hodls the record for receiving the biggest investment round taken in by a crypto entity. Go to Source Powered by WPeMatico
Stablecoin
Auto Added by WPeMatico
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor. Go to Source Powered by WPeMatico
Analyst says DeFi and stablecoins held up well as crypto markets imploded
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. Go to Source Powered by WPeMatico
Tether mints more coins to break $60 billion market cap
Massive volatility on crypto markets has been always associated with an uptick on stablecoin markets, a Tether exec noted. Go to Source Powered by WPeMatico
HaloDAO stablecoin marketplace raises $3.5M in seed investments
The investment round was led by Parataxis Capital, with additional participation from QCP Soteria, Genesis Block Ventures, Spartan Group, NGC, CMS Holdings, LedgerPrime, Genblock, Petrock Capital and others. Go to Source Powered by WPeMatico
Celo rallies 50% as excitement builds for the upcoming ‘Donut’ hardfork
CELO price gained 50% ahead of the network’s May 19 ‘Donut’ hardfork which will help increase interoperability and lower gas fees. Go to Source Powered by WPeMatico
Tether discloses full reserve breakdown for the first time
Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31. Go to Source Powered by WPeMatico
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan The Diem Association announced Wednesday a partnership between Diem Networks U.S. and Silvergate Capital Corporation … Read more
Diem parters with Silvergate bank to launch stablecoin in the US
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate. Go to Source Powered by WPeMatico
As Bitcoin’s payment options grow, BTC true future role up for debate
Declaring BTC a store of value — e.g., gold 2.0 — but not a medium of exchange, defies logic. It must first have a use case. Go to Source Powered by WPeMatico
