For over a decade now, cryptocurrencies have been disrupting legacy finance. Jump started with Bitcoin, crypto markets exploded with CoinMarketCap currently showing 2136 cryptocurrencies. Growth in the number of coins has been fueled by market segmentation with projects catering to specific target audiences. Stablecoins, counting at around 50, seek to […]
Tag: gemini dollar
Tether Set To Lose More Ground As Huobi Lists Four New Stablecoins
Tether and controversy have gone hand in hand over the past year, and other stablecoins are capitalizing on it. Huobi has announced that it will list four new stablecoins, just a day after OKEx announced a similar move. The four, all of whom are pegged to the U.S dollar will […]
BitPay Adds Settlement in Gemini Dollar (GUSD) and Circle Coin (USDC)
In a press release today, Bitpay – the largest bitcoin payment provider – announced that they are now supporting settlement in two more currencies: Circle (USD) Coin, and Gemini (US) Dollar. The decision to add settlement in stablecoins makes perfect sense during these volatile periods. It allows merchants to avoid […]