The current trend in the cryptocurrency industry comes in the form of stablecoins. Numerous projects pegging digital assets to fiat currencies have been launched in the past few years. So far, none of them has been able to compete with Tether. PegNet, on the other hand, works somewhat differently, but […]
Tag: Stablecoin
5 Top 100 Coins Noting Gains as Bitcoin Plummets Further
As the Bitcoin price is seemingly intent on trending lower over the next few hours and days, there will be other markets reaping the benefits. Altcoins need to rise up in value to thwart Bitcoin’s gravitational pull. Most projects fail spectacularly in this regard, but there are always some exceptions […]
Don’t Confuse MUSD With an Actual Stablecoin
In the cryptocurrency industry, there are many different projects worth keeping an eye on. It also appears there may be a lot more stablecoins to be launched in the near future. Whether or not MUSD will be part of that equation, is difficult to predict. While it has an official […]
Analyzing the Current State of Tether and USDT
Every project active in the cryptocurrency and blockchain industry will be scrutinized sooner or later. In the case of Tether, there has been a fair amount of scrutiny at virtually every turn. Especially now that everyone’s favorite – or most-hated – stablecoin is migrating to even more blockchains, significant concerns […]
3 Crazy Ways in Which Stellar can Transform Stablecoins
Given the market share stablecoins have accumulated in the cryptocurrency industry today, it is evident this form of money cannot be overlooked. When it comes to converting these stablecoins to traditional money, there are still plenty of hurdles to overcome. Stellar’s new SEP-6 standard may solve a lot of these […]
3 Reasons why GoChain’s GOST Protocol can be Beneficial to Stablecoins
Stablecoins have cemented their place in the cryptocurrency industry. Despite some controversy surrounding some of these currencies, it seems there is still a growing demand for interoperable solutions. GoChain may have an interesting solution in this regard, as its GOST protocol proposal can introduce some powerful changes and improvements. Why […]
4 Additional Notes Regarding Binance Issuing Stablecoins
About a week ago, it became apparent Binance was in the process of issuing its own stablecoin. While not too much was known about the project at that time, it seems a lot of things have changed in a short amount of time. Some of the initial remarks are no […]
4 Crucial Aspects Regarding the Binance Stablecoin Project
Stablecoins have begun playing an increasing role of importance in the cryptocurrrency world. That is only normal, as these digitized forms of fiat currency are easy to trade across the major exchanges. Binance has been working on its own stablecoin project for some time now, primarily because they want to […]
New Euro-pegged Stablecoin Lets Holders Earn Annual Interest
In the cryptocurrency world, stablecoins have become a lot more prominent in the past few years. Whereas Tether’s USDT asset continues to generate the most liquidity, a fair few competitors have emerged in the past 18 months. The Universal Protocol Alliance is now looking to add another stablecoin to the […]
Pablo Escobar’s Brother Starts Campaign To Impeach Trump, And He Is Using Crypto
Since Trump ascended to power, there have been many who have been disgruntled with his leadership. However, recently, the most recent anti-Trump call caught the world by surprise. This time, it comes from Robert Escobar, the brother to the infamous Colombian drug lord, Pablo Escobar. Escobar has turned to cryptocurrencies for his mission, […]
Can Token X Rival Other Stablecoins With Its Dual-Blockchain Approach?
It would appear the stablecoin industry is far from done as far as expansion is concerned. In the case of Token X coin, it appears to be yet another stablecoin which will be coming to market fairly soon. Although this industry seems to be firing on all cylinders as of […]
Coinbase And Circle Form A Joint Venture To Boost Circle’s Stablecoin
They may have been fierce competitors in the past, but Coinbase and Circle have now come together to boost Circle’s USDC stablecoin. Known as the CENTRE Consortium, the joint venture between the two industry giants aims to take the lead in the stablecoin market by ‘establishing the standards required and […]
Huobi Global Will Support Stablecoin Trading Through its HUSD Offering
It would appear there is still plenty of stablecoin action on the horizon in the cryptocurrency industry. More specifically, there has been an influx of such currencies over the past few months. Huobi Global is now planning to introduce its own stablecoin, although it is a bit different from what […]
Factom Seems Keen to Enter the Stablecoin Market
It is safe to say the cryptocurrency industry has seen its fair share of stablecoins already. This market is open to competitors, although nearly 10 different offerings exist already. Even so, the Factom team is confident they can add at least one more competitor to the mix. Their unique stablecoin […]
USDT Price Hits $1 Again but Only on Bitfinex
It would appear Tether’s stability struggles are not over just yet. The current still remains below $0.97 for the second day in a row, and it seems retaking the $1 level will be challenging. In fact, the only exchange trading USDT at the correct price is Bitfinex, which won’t really […]
TUSD Price Struggles to Drop to $1 Again as Stablecoin Volatility Remains
The cryptocurrency industry is in the process of dealing with a very peculiar problem right now. Despite Tether’s USDT struggling for stability to regain $1, its TUSD counterpart has a struggle of its own. Over the past day, the currency has struggled not to go over the $1 mark, yet […]
Allcoin Exchange Review – Should you trust it?
When it comes to trading altcoins, there are several dozen platforms all vying for traction in this growing crypto industry. While Allcoin makes a strong case for itself due mainly to its support to a vast array of coins, putting one’s trust in any cryptocurrency exchange remains risky when not aware of all […]
Renowned VC Firm Andreessen Horowitz Invests $15 Million In MakerDAO’s Stablecoin
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 […]