Changes to Tether’s Terms of Reserves Raises Fresh Concerns
Cryptocurrency community members are speculating that Tether is not being openly transparent about its reserves after changes to its website. Go to Source Powered by WPeMatico
Stablecoin
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Accepted: MakerDAO Vote to Raise DAI Stablecoin Stability Fee by 4% to 7.5% per Year
The stability fee of MakerDAO’s DAI has been raised by MKR token holders by 4 percent, making it 7.5 percent per year Go to Source Powered by WPeMatico
Major Crypto Exchanges Huobi Global and OKEx Launch Support for Tron-Based USDT
Two major crypto exchanges — Huobi Global and OKEx — have announced their support of the Tron-based version of stablecoin USDT Go to Source Powered by WPeMatico
Pet Stablecoins: Why Some Banks Issue Their Own Digital Tokens, While Others Don’t
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
Japanese Company Launches New Stablecoin Pegged to the US Dollar
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
MakerDAO Polls Users on Fresh Fee Increase to 7.4 Percent as Stablecoin Wobbles
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
SEC’s Senior Advisor for Digital Assets Valerie Szczepanik: Stablecoins May be Securities
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 Hints at Stablecoin Cross-Border Payments Solution for Financial Institutions
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
Cryptocurrency Community Eyes Tether After Website Dilutes USD Backing Claims
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’ Precious Metal-Backed Cryptocurrency to Launch This Year, CEO Says
Paxos CEO, Chad Cascarilla has said that the company’s gold-backed coin will be launched in 2019 Go to Source Powered by WPeMatico
