Cryptocurrency News
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
Last month, The White Company and FinTech Ltd. announced a partnership to bring White Company’s stablecoins to FinTech’s Interstellar decentralized exchange. The USD-backed White Standard Stablecoin (WSD) has already been integrated into the dex, and stablecoins pegged to the British Pound and Euro are being incorporated now. More Stablecoins Are […]
Tyler and Cameron Winklevoss have received the regulatory approval required to issue their stablecoin, Forbes reported on Monday, September 10. The new stablecoin is known as the Gemini Dollar and is developed on the Ethereum blockchain. The Winklevoss twins will issue the stablecoin through their Gemini Trust Company, with each […]
Competition is heating up among stablecoins in the cryptocurrency industry. On paper, that is a good thing, as it shows the demand for tokenized fiat currencies is growing. TrueUSD, also known as TUSD, is slowly gaining ground in this regard. This popular asset can be traded on a fair few exchanges. […]
Despite the industry’s multi-hundred billion dollar market cap, an astonishingly high percentage of all cryptocurrency projects do very little to differentiate themselves and add little to no value to existing projects. The exceptions, the projects that do bring something new to the table, often receive significant attention and tremendous price […]
MakerDAO, creator of the Dai stablecoin, announced its partnership with Tradeshift on July 6. Tradeshift, which provides supply chain payments and markets for more than 1.5 million companies in over 190 countries, will add payments through a decentralized marketplace using the Dai stablecoin to fund real-time small business loans. This […]
A very peculiar trend has become a lot more apparent in the world of cryptocurrency as of late. The rise of stablecoins has been well-documented, yet it seems a lot more of these currencies are on the horizon. Reserve aims to be pegged to the US dollar and will offer […]