We need to see more innovation happening outside of traditional finance to help those who could benefit the most from stablecoins. origin �
$ 0 (
����� 24H $0
�������� 24h:
, 7d:
C������ L:
������������� $0 Rank 99999
�������� / ����� 0 IQB
We need to see more innovation happening outside of traditional finance to help those who could benefit the most from stablecoins. origin �
$ 0 (
����� 24H $0
�������� 24h:
, 7d:
C������ L:
������������� $0 Rank 99999
�������� / ����� 0 IQB
What does Pulte�s FHFA crypto mortgage signal actually mean for American homebuyers, and could it rewrite lending norms for those who store wealth in Bitcoin and stablecoins? Mortgage, Pulte, and FHFA enter the crypto conversation In a recent announcement, Federal…
Tether has announced a strategic investment in Fizen Limited, a fintech company focused on self-custody wallets and digital payments. Tether is teaming up with Fizen to boost the real-world use of stablecoins and help out those who don’t have access…
A large Ethereum whale has been steadily accumulating the cryptocurrency over the past month according to transactions monitored by blockchain analytics firm LookOnChain. Today, the whale deposited 55 million USDT (Tether) onto the popular cryptocurrency exchange Binance, likely with the intent of using those stablecoins to purchase Ethereum.
JPEX has begun to restrict withdrawals by converting user balances to a non-withdrawable cryptocurrency, according to reporting from�The South China Morning Post�on Oct. 4. The publication referenced statements from an unidentified user who claimed that her Tether (USDT) holdings along with those of others had been converted into JPC, JPEX’s own token, rendering them unable […] The post JPEX converts user stablecoins to native token without notice: Report appeared first on CryptoSlate.
Stablecoins from Circle and MakerDAO have been less stable than those from Tether and Binance in the last couple of years, states a new S&P Global report.
Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of years, according to a new report from S&P Global.
Quick Take A notable divergence in futures contracts open interest, margined in USD or USD-pegged stablecoins versus those margined in native coins like Bitcoin, is beginning to emerge. Stablecoins in question include USDT and BUSD.
Bankrupt crypto lender Celsius Network moved around $70 million worth of altcoins on July 5 following the recent court approval to sell them for Bitcoin (BTC) and Ethereum (ETH). Data from Arkham Intelligence showed that the lender had moved millions of altcoins and stablecoins to different wallets, including those related to crypto market maker Wintermute, […] The post Celsius moves altcoins to new wallets in preparation for Bitcoin and Ethereum conversion appeared first on CryptoSlate.
Stablecoin issuer Tether could earn more than BlackRock this year, with analysts predicting $6 billion in profits. Demand for USDT stablecoins has increased by 25. 7% since the beginning of the year.
Largest bank of Japan negotiating with stablecoin issuers to start emitting those tokens through its own DLT platform
Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.
The introduction of stablecoins, like BUSD into cryptocurrency brought hope to many long-term investors. For those skeptical of the crypto space due to volatility, stablecoins become handy as their sailing means.
Is the Lightning Network bitcoin�s killer app? It might be, but it still has a long road ahead. One of the stops on that road is the possible inclusion of stablecoins. Does bitcoin need them? Aren�t there inherent counterparty risks with those? The debate over those questions rages on.
Interest rates in lending out stablecoins remain higher than those offered in traditional finance markets in the US. This is why the decentralized finance market has seen so much success in the past year.
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need.
There�s seemingly a constant conversation, particularly with those involved in legacy financial institutions, about how cryptocurrency can be – to a certain degree – �de-risked. � Can government mining, or merely taxation structure, address this? While many traditional financial players that are not crypto-first, but are crypto-adjacent (take Visa as a prime example) are relying on the use of stablecoins like USDC as their main pillar of transactions, there are other conversations happening about how crypto risk can be managed.
Now that Alameda Research, Tesla CEO Elon Musk, Bitcoin shorts, and speculation over Amazon�s potential involvement in the cryptocurrency sector have done their part. $40k is the point of interest which is the largest OI for the upcoming BTC options expiry this Friday.
Despite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC.
Coinspeaker Multi-Asset Brokerage eToro Launches GoodDollar to Issue Stablecoins as Form of Universal Basic IncomeNamed GoodDollar, eToro's project creates an ongoing money flow of basic income for users and aligns incentives between those in need as well as enables any human alive to receive and support a small daily income in G$ coin.
Reading Time: 7 minutes Yield farming is a method to harness idle cryptocurrencies such as coins, tokens, stablecoins, and put those assets to work in a decentralized finance fund, often generating interest rates that… The post What is Yield Farming? Exploring DeFi’s Recent Rising Star appeared first on CoinCentral.
Although stablecoins are a relatively new invention in the cryptocurrency space, they have become quite popular among those who use cryptocurrencies for payments. The most preferred of them all is Tether�s USDT which a Messari researcher says may have the potential to replace Bitcoin as the dominant currency on public blockchains. Its number of daily […]
As crypto investors fled�Ether�for�stablecoins�and cash en masse, Ethereum�s gas prices skyrocketed. Meanwhile, those in the crypto art and gaming space suffered. � Now, they�re looking for alternatives.
Jeremy Allaire believes that stablecoins offer immense opportunities outside of the cryptocurrency industry. The Circle CEO says a set of standards, like those that make near-instant data transfer on the internet possible, is needed for digital representations of fiat value to truly transform global commerce.
Stablecoins continue to generate a fair few headlines. Binance has indicated it aims to launch potentially multiple of those currencies in the coming years. Before the company can do so, it needs regulatory approval.
Stablecoins seem to have garnered a lot of attention recently from many in the mainstream media after Facebook launched its own crypto-project, Libra. In fact, regulators are among those who are most The post Stablecoins like Facebook's Libra can include features typical of regulated securities appeared first on AMBCrypto.
The flows of stablecoins between exchanges has slowed down dramatically over the past few days, signalling that no new sums are prepared to boost price action. Stablecoin Parked on Exchanges, Awaiting Action Stablecoins moving between exchanges are an indicator of potential trading activity.
Social media giant Facebook has certainly rattled the regulatory feathers of global regulators with its grand plans for cryptocurrency world domination. Politicians and citizens alike are right to question Libra and those that will be pulling the strings behind it.
FinTech platform YouHodler has been busy in October finding new ways for traders to get full control over their crypto. For those that want low-risk, passive income, then YouHodler has features like high-yield savings accounts and the ability to receive crypto loans in safe stablecoins like USDT and USDC.
The International Monetary Fund has always shown some crypto-curiosity. In a recent document, the IMF commented on the use cases and utility of stablecoins, or assets with a pegged value. IMF Bigs Up Stablecoins In a recent IMF staff paper, part of the Fintech Notes series, the organization outlines the promises and risks of those assets, as a new arrival on the fintech scene.
This year’s run-up in the bitcoin price has been attributed to numerous factors: the US-China trade war, bold monetary easing by central banks, a weakening Chinese Renminbi, Facebook’s plans to launch its cryptocurrency, as well as market manipulation via Tether’s USDT stablecoins.
“Libra is not a cryptocurrency. Libra will destroy all stablecoins, but who gives a f*ck. I shed no tears for all those projects that somehow believed there was value in an unheard-of sponsor creating a fiat money market fund that rode on a blockchain,” remarked Arthur Hayes in this month’s BitMEX Crypto Trader Digest.
As per an all-new blog post released by TrustToken�s PR team earlier today, the firm has just released its latest stablecoin offering called �TrueCAD�. Additionally, for those of our readers who may not be aware, this latest altcoin release is part of TrustToken�s wide range of fiat-backed stablecoins � other products include TrueUSD, TrueGBP, TrueAUD). […]
With all of the alleged Bitfinex – Tether controversy making the rounds once again, the dire need for alternative stablecoins is highlighted. Luckily for traders, numerous of those currencies exist already, albeit none of them seem capable of even rivaling USDT in terms of market cap.
Beneath all the related hype surrounding blockchain technology exists real substance in the industry�s groundbreaking applications that impact our understanding of modern economics. One of those concepts is the trending stablecoin.
Cryptocurrency, Stablecoins–While most investors will remember 2018 as one of the worst bear markets for cryptocurrency, those on the development and adoption side will hail it as the year of the stablecoin.
For those who live in the northern hemisphere, winter is coming, while in the cryptosphere it’s already here. In Wednesday’s edition of The Daily, we look at the steps ICOs are taking to preserve their capital as they wait for the markets to warm up again, heralding that winter is over.
�Go for the Jugular� is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.
For those who exist anywhere near the crypto scene, it�s obvious that if it had fashion trends - this season would be all about stablecoins. With crypto investors choosing in favor of holding their crypto assets more and more, and investing into what seems to be the safest options on the market, we see a consistent growth of capitalization, and a drive for transparency in stablecoins - and this sentiment shows no signs of abating anytime soon.
Galaxy Capital�backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.
Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether�s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle�s USD Coin (USDC).
Fresh on the market, the industry�s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry�s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle�s USD Coin (USDC) have all risen well above their pegs.
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having �died� on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
In a move to expand its asset offerings, Coinbase has created a new process by which anyone with a token can apply to have it listed on the platform. This news comes weeks after Coinbase said it was exploring the addition of several new assets including Stellar Lumens (XLM), Zcash (ZEC) and Cardano (ADA).
Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company�s over-the-counter (OTC) platform.
�We have nothing to hide,� says�Tory Reiss, VP of corporate development at TrustToken. Like the market�s most popular stablecoin, Tether, TrustToken's�TrueUSD is fiat-collateralized.
Reuters reported that IBM, one of the largest technology companies in the world, has just announced that it will be backing a new cryptocurrency stablecoin that will be pegged to the value of one U.
Music mogul Sean 'Diddy' Combs was acquitted of sex trafficking and racketeering charges but convicted on transportation...
Former Arsenal midfielder Thomas Partey has been formally charged with multiple counts of rape and sexual assault by UK ...
JAMB has clarified its admission policies, rectifying a student's status, reiterating the necessity of its Central Admis...
Ghana is undertaking a comprehensive economic overhaul with President John Dramani Mahama's 24-Hour Economy and Accelera...
The 2024 Women's Africa Cup of Nations opened with thrilling matches, seeing Nigeria's Super Falcons secure a dominant 3...
A new opposition coalition, led by the African Democratic Congress (ADC), is emerging to challenge President Bola Ahmed ...
Oba Owolabi Olakulehin, the 43rd Olubadan of Ibadanland, has died at 90, concluding a life of distinguished service in t...
Nigerian football mourns the death of legendary Super Eagles goalkeeper Peter Rufai, who passed away at 61. Known as 'Do...
Venture capitalist Tim Draper tells Cointelegraph that deteriorating fiat currencies and macro factors will likely disru...
For the first time, Ethereum ETFs have surpassed Bitcoin ETFs in daily inflows. A major turning point for crypto finance...
The post Charles Schwab Enters Crypto War, Launching Spot Bitcoin & Ethereum Trading appeared first on Coinpedia Fintech...
A market analyst sees parallels to the 2017 crypto bull run, predicting a big rally and a new breakout star altcoin for ...
Small businesses that experience a ransomware attack face steep costs, whether or not they pay the ransom.