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Now that the JPM Coin is out, more banks are looking into issuing their own digital tokens. Nevertheless, some players — like Citigroup — are dropping the idea in favor of more traditional remittance methods Go to Source Powered by WPeMatico
A Japanese company is helping crypto consumers avoid price volatility through a new stablecoin that is supported by major Ethereum wallets #SPONSORED Go to Source Powered by WPeMatico
Maker wants to raise one of its fees to almost 7.5 percent to deal with problems with liquidity and the exchange rate of its stablecoin Go to Source Powered by WPeMatico
Some stablecoins reportedly could raise problems under securities laws, according to senior advisor for digital assets at U.S. SEC Valerie Szczepanik Go to Source Powered by WPeMatico
IBM’s Jesse Lund has hinted that bank-targeted stablecoins will be a major development for the tech giant’s blockchain cross-border payments solution Go to Source Powered by WPeMatico
Controversy over Tether’s backing continues after a Reddit user picks up changes to the stablecoin’s website description Go to Source Powered by WPeMatico
Paxos CEO, Chad Cascarilla has said that the company’s gold-backed coin will be launched in 2019 Go to Source Powered by WPeMatico
An analyst at Barclays predicted that a possible “Facebook Coin” could generate $19 billion in additional revenue by 2021 Go to Source Powered by WPeMatico
Prominent British historian and author of ‘The Ascent of Money,’ Niall Ferguson, has retracted the pessimistic assertions that he had previously made with regards to the prospective utilities for Bitcoin and distributed ledger technology. The comments come one month after Ferguson was announced as an advisor to the stablecoin Ampleforth. Also Read: How to Use … Read more
A consortium of blockchain companies including Bittrex International, Brave, Cred, and Bitgo is launching a new stablecoin. Universal Protocol Alliance’s Universal Dollar (UPUSD) is a dollar-pegged token whose holders will earn interest, just like a regular savings account. The consortium has announced ambitious plans to launch UPUSD in Africa and Latin America first, to attract … Read more
