PayPal to Reportedly Offer Crypto Trading Through Paxos Partnership
PayPal reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos. Go to Source Powered by WPeMatico
Stablecoin
Auto Added by WPeMatico
ERC-20 Tokens Make up About 50% of Entire ETH Blockchain
Ether now accounts for only half of the value on the ETH blockchain as DeFi tokens like LINK and stablecoins take its place. Go to Source Powered by WPeMatico
$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens
During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash blockchain. Digital currency enthusiasts have been … Read more
A Path of Challenges: Will CBDCs Prevail Over Private Blockchains?
CBDCs will be the leading digital currencies of the future, and only the competition between various models will determine the winner. Go to Source Powered by WPeMatico
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020. Go to Source Powered by WPeMatico
High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run
Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens. Go to Source Powered by WPeMatico
Monetary Historian: Libra Will Never See The Light Of Day
Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. Go to Source Powered by WPeMatico
Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale
Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can be used to … Read more
BitTorrent Adds Binance USD as a Payment Option
BitTorrent users can now purchase BitTorrent and µTorrent Classic Pro with BUSD and Binance’s native token BNB. Go to Source Powered by WPeMatico
Centre Freezes Ethereum Address Holding $100K USDC
Stablecoin issuer Centre has confirmed they froze an Ethereum address holding $100,000 USDC at the request from law enforcement. Go to Source Powered by WPeMatico