Tag: stablecoins

Apr 06 2021

Polkadot’s network prepares to welcome Tether USDt

Apr 06 2021 Published at CryptoSlate under tags  analysis dotusd price watch stablecoins

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....

Fuse Network | e-Money Partnership Enables Stablecoin Options

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....

Mar 29 2021

Breaking: VISA to allow USDC stablecoin settlements on its network

Mar 29 2021 Published at CryptoSlate under tags  adoption stablecoins

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...

VISA to allow USDC settlements via Ethereum on its network

Mar 29 2021 Published at CryptoSlate under tags  adoption stablecoins

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...

Mar 24 2021

China says ‘fully anonymous’ digital yuan is ‘not feasible’

Mar 24 2021 Published at CryptoSlate under tags  cbdcs stablecoins

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...

Mar 04 2021

Mapping Ethereum’s DeFi eco-system projects on Polkadot

Mar 04 2021 Published at CryptoSlate under tags  adoption defi stablecoins

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...

Mar 01 2021

Tether’s Message to Extortionist Demanding 500 BTC: “We Are Not Paying”

Tether called the ransom note "a pretty sad attempt at a shakedown," but will take the threat "seriously.”

Feb 25 2021

OKEx Promises Exciting Promotions To Support Launch Of Algorand Stablecoins

Feb 25 2021 Published at Bitcoinist.com under tags  algorand industry okex stablecoins

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...

Feb 18 2021

What Happens if All Stablecoin Users Have to Be Identified?

Feb 18 2021 Published at CoinDesk under tags  opinion policy & regulation stablecoins

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.

Feb 13 2021

USDtz to enable private stablecoin transactions on Tezos (XTZ)

Feb 13 2021 Published at CryptoSlate under tags  guest post stablecoins xtzusd

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...

Feb 12 2021

Mastercard Will Add Cryptocurrency Support to Its Payment Network

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...

Feb 11 2021

Banks Likely to Adopt Stablecoins Cautiously Despite Guidance

Feb 11 2021 Published at CoinDesk under tags  opinion policy & regulation stablecoins

Banks face a stablecoin conundrum: Build their own projects, with all the overhead that implies, or work with well-placed existing providers.

Mastercard Will Support Crypto Payments in 2021

Feb 11 2021 Published at Crypto Briefing under tags  business mastercard stablecoins

Mastercard, the world's second-largest credit card companies, is adopting crypto. Mastercard Ready for Crypto Mastercard...

Feb 10 2021

StablyUSD (USDS) stablecoin comes to Tezos blockchain

Feb 10 2021 Published at CryptoSlate under tags  stablecoins xtzusd

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...

Feb 09 2021

St. Louis Federal Reserve Says 3 Risks Hold DeFi Back From “Paradigm Shift”

The St. Louis Federal Reserve published an article on the risks and opportunities in DeFi. If the technology can overcome...

Feb 08 2021

Think Stablecoins Are Solid? Remember the Financial Crisis

Feb 08 2021 Published at CoinDesk under tags  markets opinion stablecoins

USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful.

Feb 06 2021

New launch sees Polkadot stablecoin Acala power Ethereum-based DeFi systems

Feb 06 2021 Published at CryptoSlate under tags  dotusd ethusd stablecoins technology

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...

Feb 05 2021

E-money (NGM) – Building Next Generation Stablecoins

Feb 05 2021 Published at Altcoin Buzz under tags  e-money ngm spotlight stablecoins

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,...

Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

Feb 05 2021 Published at CoinDesk under tags  markets mastercard news paypal stablecoins

Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said.

Feb 03 2021

Stablecoin Tether gets minted on Solana blockchain for the first time

Feb 03 2021 Published at CryptoSlate under tags  solusd stablecoins technology

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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