Polkadot’s network utility is about to experience a significant boost. With the upcoming parachain rollout, the protocol will finally realize its scalable multi-chain architecture. Although the new functionality is currently running on a testnet, developers are already preparing for it....
e-Money recently announced its partnership with Fuse Network. The partnership between Fuse Network and e-Money is centered around accelerating the mainstream adoption of stablecoins. With this partnership, e-Money will be able to integrate its stablecoin suite to the Fuse Network....
Global payments giant Visa today announced it would allow the settlement of cryptocurrencies on its network, as per a report on Reuters. The firm has selected the USD Coin (USDC) as part of the first cryptocurrency to be settled. The USDC is a...
Global payments giant Visa today announced it would allow the settlement of cryptocurrencies on its network, as per a report on Reuters. “We see increasing demand from consumers across the world to be able to access, hold and use digital currencies and we’re seeing demand from our clients to be able to...
The Chinese government is hoping to maximize the privacy settings on the upcoming digital yuan, the state’s native Central Bank Digital Currency (CBDC), a report on local publication SCMP...
Polkadot has been rapidly growing from a niche blockchain project to one of the richest DeFi networks that have real potential to compete with Ethereum. While still in its infancy, the network already has a robust ecosystem of decentralized applications, all of which offer similar, and sometimes even more functionalities than their Ethereum...
Tether called the ransom note "a pretty sad attempt at a shakedown," but will take the threat "seriously.”
As demand has spiked all across the cryptocurrency board, especially stablecoins, leading spot and derivatives trading platform OKEx has announced support for two of the most market’s most popular stablecoins on the Algorand protocol. The move is in response to users searching for more options related to stablecoins and alternative protocols to avoid rising transaction fees. OKEx Introduces USDTa and USDCa, Coming In...
If the U.S. reins in pseudonymity in stablecoin transactions (as seems possible) there could be big implications for the crypto industry, says our columnist.
Prelude – zkChannels – a layer 2 scaling solution from Bolt Labs building on Tezos, will enable private transactions for USDtz and the whole StableTez token family. This means USDtz will become the first stablecoin to enable private transactions through the use of zkChannels and on-chain privacy amendments. The Haven Protocol, a Monero-based protocol was the first to enable stablecoin...
Whether you’re a cryptocurrency enthusiast or not, it’s hard to deny that the industry is growing rapidly. We can see massive growth in the amount of users entering the cryptocurrency space, especially in the wake of the recent Bitcoin bull run. Mastercard, one of the world’s leading financial service providers, has noticed that cards using the Mastercard network are increasingly being used to...
Banks face a stablecoin conundrum: Build their own projects, with all the overhead that implies, or work with well-placed existing providers.
Mastercard, the world's second-largest credit card companies, is adopting crypto. Mastercard Ready for Crypto Mastercard...
Fintech company Stably has launched USDS, its USD-backed stablecoin that had previously been issued on Ethereum, on the Tezos blockchain, according to an announcement shared with CryptoSlate today. “The decision to issue USDS on Tezos was prompted by high and rising gas costs on Ethereum. In contrast, Tezos has a built-in upgrade mechanism that allows the community to easily add...
The St. Louis Federal Reserve published an article on the risks and opportunities in DeFi. If the technology can overcome...
USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful.
The new Acala EVM brings together Ethereum and Polkadot with a composable, single-wallet that allows users to set their own gas fees and schedule on- chain transactions. Bringing Polkadot tech to Ethereum Acala’s engineering team has launched the Acala Ethereum Virtual machine (EVM) ahead of the...
e-Money is building a new model of stablecoins. These are designed to overcome some major drawbacks of existing stablecoins. Some of the interesting features of e-Money stablecoins are: Interest-bearing stablecoins Support multiple currencies. Actual bank deposits and government bonds backing. Settlement times are shorter and transaction charges are lower We interviewed Martin Dyring-Andersen,...
Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said.
The USD pegged stablecoin has been minted on the high-speed blockchain months after announcing Solana as an issuer. USDT comes to Solana Tether, the US dollar-pegged stablecoin, has just been minted on the Solana blockchain, data from its blockchain explorer...
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