Stablecoins

Earlier today, on Oct. 15, the price of Bitcoin surged from $6,150 to $6,700 on most major fiat-to-cryptocurrency exchanges including Coinbase, Bitstamp, and Kraken. Although the price of the dominant cryptocurrency surpassed the $7,500 mark on Bitfinex, the increase...

An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency. YuanCoin to Arrive? The views were written...

GMO Internet Group, a publically listed Japanese Internet company, has recently announced plans to launch a yen-backed stablecoin early next year. The new stablecoin dubbed GMO Japanese Yen will trade under the ticker symbol GJY. The press release also...

As some of the world’s most entrenched institutions open their arms to cryptocurrency, the walled fortress of corporate acceptance seems to be disintegrating one pillar at a time. The latest is PricewaterhouseCoopers, the world’s second-largest professional services firm, who...

Dubai’s credit agency announced an official partnership with cryptocurrency-payments provider Pundi X on Oct. 8, according to an official release. Pundi X Brings State-Backed Crypto to the Masses In a step towards the widespread adoption of blockchain technology and...

The new golden boys of decentralized finance, stablecoins have exploded into an industry-wide effort to dissolve cryptocurrency’s seemingly unshakable volatility. As a torrent of solutions gain a foothold in the market, however, one startup seems to spy an elephant...

Regulated stablecoins continue their disruptive journey into mass adoption as Circle announces application of tokenized fiat assets. The U.S. dollar-backed stablecoin USD//Coin (USDC) is the product of Circle’s partnership with CENTRE, the open source distribution network which will facilitate...

As established venture capital funds look with intent at the lucrative cryptocurrency space, stablecoin startups are seemingly catching their attention as the investment avenue of choice after crypto-exchanges and wallets services. A16Z Bullish on Stablecoins On Sept. 24, Andreessen...

In just under a week, the Winklevoss twins’ cryptocurrency platform Gemini has been listed for trade on Bibox, officially launching the GUSD market. The regulated stablecoin, built on Ethereum’s network, became available Sept. 14. It was revealed via Twitter...

The war for stablecoin supremacy has a new competitor with CarbonUSD, a new regulated platform launched on Ethereum’s blockchain. It’s a step for Carbon that CEO and co-founder Sam Trautwein says will bring the company closer positioning its algorithm...