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A US startup created a mixture of venture investing and blockchain. It offers a token whose value is secured by the assets of IT companies #SPONSORED Go to Source Powered by WPeMatico
The chairman of Russia’s State Duma Committee on Financial Markets is considering the launch of a central bank-issued stablecoin pegged 1:1 to the ruble Go to Source Powered by WPeMatico
It would appear the stablecoin industry is far from done as far as expansion is concerned. In the case of Token X coin, it appears to be yet another stablecoin which will be coming to market fairly soon. Although this industry seems to be firing on all cylinders as of late, one has to wonder … Read more
After eschewing Noble Bank, Tether has confirmed it has forged ties with Bahamas-based Deltec Bank & Trust following “due diligence review” Go to Source Powered by WPeMatico
Japan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Not Virtual Currencies Japan’s … Read more
USDD – The world’s first dollar-backed and interest-bearing stable coin, with interest payments every 24 hours, will be officially released on October 31st by 55 Global Markets. The USDD value is 100% supported by a US dollar reserve, funds are held in trust for the benefit of tokenholders by PrimeTrust as trustee, a third-party trust … Read more
Tether says it has “redeemed a significant amount” of USDT from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet, leaving just 446 million Go to Source Powered by WPeMatico
U.S.-based crypto exchange Coinbase has launched the USDC stablecoin in collaboration with payments technology company Circle Go to Source Powered by WPeMatico
They may have been fierce competitors in the past, but Coinbase and Circle have now come together to boost Circle’s USDC stablecoin. Known as the CENTRE Consortium, the joint venture between the two industry giants aims to take the lead in the stablecoin market by ‘establishing the standards required and building the technology needed for … Read more
In today’s edition of The Daily, we look at a strategic investment that could help Binance to establish a fiat-to-crypto exchange in Singapore. We also focus on a new service that digital payments platform Uphold is launching to lend funds to its clients, as well as a cryptocurrency-backed prepaid card that’s coming to the U.S. … Read more
