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Stablecoin mania is showing no signs of abating. Within a week of Gemini launching its US dollar-pegged coin, Circle has followed suit. Named “USD Coin” (USDC), the ERC20 token has made its debut on Poloniex, the US exchange Circle purchased earlier this year. Also read: A Complete A-Z of Stablecoins Circle’s Stablecoin Is Good to Go … Read more
Renowned venture capital firm Andreessen Horowitz has invested $15 million in MakerDAO’s stablecoin, the company recently revealed in a press statement. The VC firm, which is considered one of the most elite in the world, has become increasingly involved in the crypto industry in the past year having set up a $300 million blockchain fund … Read more
Andreessen Horowitz has acquired a 6 percent stake in MakerDAO through its investment fund a16z Go to Source Powered by WPeMatico
January 2019 set as launch date for Chinese blockchain fund’s first stablecoin pegged to Japanese yen Go to Source Powered by WPeMatico
Crypto markets are hard to predict. It’s true. It’s doubtful that Satoshi (whoever he or she may be) would have anticipated the 2017 Bitcoin bubble. However, with so much now in play here and an excessive amount of wealth held by crypto whales and institutions, why are we–the majority of the crypto community–allowing the markets … Read more
New stablecoin Gemini dollar’s transactions can be completely altered and made non-transferable every 48 hours, blockchain research proves Go to Source Powered by WPeMatico
This week a blockchain researcher named Alex Lebed published a code review on the new stablecoin, the gemini dollar, created by the Gemini Trust cryptocurrency firm. According to Lebed’s study, gemini dollar accounts can be frozen by the exchange, and the tokens can be turned into non-transferable assets. Also read: Markets Update: Short Term Recovery – Is … Read more
Tether’s position as the most dominant stablecoin is in danger as two fully audited stablecoins debut — and experts are enthusiastic about the future of crypto Go to Source Powered by WPeMatico
Last month, The White Company and FinTech Ltd. announced a partnership to bring White Company’s stablecoins to FinTech’s Interstellar decentralized exchange. Initially, The USD-backed White Standard Stablecoin (WSD) will be integrated into the dex, with plans to incorporate stablecoins pegged to the British Pound and Euro. More Stablecoins Are Coming The White Company, launched just … Read more
Ever since fears arose around Tether (USDT), it seems like a new stablecoin is released every week to try and take its place. Today two new stablecoins have been revealed, with the distinction of being approved by the financial regulator known for the New York Bitlicense. Also Read: Denmark’s Largest Bank May Have Facilitated up … Read more
