Tag Archives: Stablecoin

Binance to Introduce Own USD Stablecoin with Paxos

Binance is the world’s biggest crypto exchange, and it made a massive announcement yesterday. The world of cryptocurrencies has come a long way since the days when there used to be a handful of tokens and investors generally switched from one token to another. However, over the past few years, a wide range of tokens have come into existence, and ...

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Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report

Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber Cointelegraph.com News

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ECB Questions Stablecoin Stability Amidst Regulatory Uncertainties

Stablecoins are not immune to uncertainties. Those are the sentiments shared by the European Central Bank (ECB). According to the regulator, stablecoin stability could be hampered by the uncertainties stemming from the lack of regulations. Uncertainties The fact that regulatory pressures do affect fiat currencies is one of the tailwinds that could take a toll on the stability of stablecoins. For ...

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Tether to Launch Stablecoin Pegged to Chinese Yuan

Controversial crypto platform Tether is planning on launching a Chinese Yuan-pegged stablecoin, according to reports in China today. Tether’s Fourth Stablecoin The stablecoin, which will be known as CNHT, will be the fourth stablecoin in Tether’s portfolio after ones backed to the US dollar (USDT), Euro (EURT) and the Japanese Yen (JPYT). The company’s plans were revealed by Zhao Dong, ...

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Tether Plans to Issue CNHT — A Chinese Yuan-Pegged Stablecoin

A Chinese yuan-backed stablecoin is on the horizon for Tether Cointelegraph.com News

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South Korean Fashion Platform Joins Terra Stablecoin Alliance

South Korean fashion platform Sinsang Market has joined the ecosystem of the Terra Alliance, a stablecoin-focused association of large e-commerce companies Cointelegraph.com News

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Philippines’ UnionBank Launches Payments-Focused Stablecoin

The new, bank-backed cryptocurrency — dubbed PHX — is being implemented on UnionBank’s i2i platform Cointelegraph.com News

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Firm That Monitors USDC Stablecoin Audited Over $10 Billion in Client Assets

Grant Thornton audited more than $ 10 billion spread over 40 cryptocurrencies in more than 100 million addresses. CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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