Facebook-backed Libra welcomes Blockchain Capital as new member
Libra gets another member as it strives to have 100 entities on board. Go to Source Powered by WPeMatico
Stablecoin
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Binance Supporting Flow Blockchain with BUSD Stablecoin
New York, September 17, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, announced today the agreement to support BUSD stablecoin on Flow, the blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot. This is an important step for all Flow … Read more
Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender. Go to Source Powered by WPeMatico
Privacy laws might prove to be a blessing in disguise for crypto
With government agencies getting more savvy at tracing blockchain transactions, laws like the EU’s GDPR may play a role. Go to Source Powered by WPeMatico
Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
Banque de France Governor François Villeroy de Galhau wanted about the threat of “Big Tech” stablecoins. Go to Source Powered by WPeMatico
USDC now capable of 1000 transactions per second with near-zero fees
The asset’s new multichain partner makes it so. Go to Source Powered by WPeMatico
A new decentralized exchange lets users trade commodity and crypto derivatives
Ever wanted to yield farm gold, silver or oil? Go to Source Powered by WPeMatico
Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives
The latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3% to $529 billion versus July figures. Low tier exchanges volumes, on the other hand, increased by 30.2% to end the month of August with a total of $291 billion. Binance leads the top tier list … Read more
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized stablecoin.” The stablecoin tether (USDT) is the most popular dollar-pegged token … Read more
Stablecoin market cap increases by $100M every single day
‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter. Go to Source Powered by WPeMatico
