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09/08/20 12:48 by Bernice Nyambura
New York Banks Get Approval to List and Custody Binance USD Stablecoin
New York banks can now list and custody Binance Stablecoin, Binance USD, (BUSD) after the recent approval by the New York Financial Department of Financial Services, NYDFS.
The NYDFS updated its g... Read More
08/08/20 20:20 by Nick James
Erik Voorhees: Bitcoin And Stablecoins Will Eventually Take The Place Of Gold And Bank Notes
There have been talks of how Bitcoin could soon take over the financial world in a grand measure, and this idea seems to be winning over more people as time goes. So far, Bitcoin has been proven to b... Read More
23/07/20 15:44 by Bernice Nyambura
eToro: Stablecoin Adoption Upsurge Driven by Remittances and Fiat Inflation
While media coverage focuses on Bitcoin, stablecoins are halving a field day in Q2 as the primary go-to option for remittances and hedging against fiat money inflation.
A new report by the crypto ... Read More
21/07/20 12:00 by Ponvang Bulus
Messari: Tether (USDT) Likely to Surpass Bitcoin as the Dominant Cryptocurrency
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 Te... Read More
10/07/20 13:00 by Yashu Gola
Explosive Defi, Stablecoin Activity Send Ethereum Fees Above Bitcoin
The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month.
Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized... Read More
10/07/20 01:00 by Tony Spilotro
Why Was $5.5M In Tether Frozen This Year And What Does It Mean For Crypto?
Tether is about as controversial as it gets when it comes to the crypto space. But the negative stigma over the last year has begun to shed.
But there are a few facts about the stablecoin that many cr... Read More
08/07/20 13:36 by Ponvang Bulus
Stablecoin Supply Ratio Hits New Lows, Showing Increased Buying Power For Bitcoin
Stablecoins have been doing pretty well since last year and in 2020. As of May, the total market cap of stablecoins surpassed $10 billion and has been growing since. They have also gotten a stronger ... Read More
01/07/20 17:00 by Tony Spilotro
Billions of Dollars May Be Waiting to Enter Bitcoin, Stunning USDT Data Shows
Tether has long been used as a flight to stability when Bitcoin crashes. The influx of capital reentering the cryptocurrency market also helps to drive up valuations during bull runs.
With over $9 mil... Read More
25/06/20 10:35 by Steve Muchoki
USDC is Coming to the Algorand Blockchain
Algorand Foundation has announced that it has established an alliance with Circle to enable fiat-backed stablecoin on its blockchain. Algorand is a non-profit organization that has been in the blockc... Read More
15/06/20 22:00 by Tony Spilotro
What’s Driving The Demand Behind Stablecoin’s $10B Crypto Market Cap Milestone?
The growth of stablecoins in 2020 has been unlike anything seen before. Each week, more and more of the fiat-backed crypto assets are printed, nearly as fast and as often as the Federal Reserve is pri... Read More
14/06/20 22:31 by Jeff Fawkes
Stablecoins, DEX Volume Soars After March’s Sell-Off
Amid the markets bloodbath on March 12-13, the S&P500 index lost 12%, causing a global panic. Bitcoin dropped 50% in minutes, and many people considered stablecoins as a new type of safe haven. T... Read More
09/06/20 22:00 by Tony Spilotro
How Tether On Ethereum Is Rapidly Becoming The Cryptocurrency Of Choice
While all eyes are on Bitcoin, as the cryptocurrency community watches and waits for the asset’s next uptrend to begin, another crypto asset has gone parabolic – but not in price.
The market c... Read More
29/05/20 20:00 by Priyeshu Garg
ERC-20 Tokens Now Make up Almost 50% of the Total Value Stored on Ethereum
Ethereum is getting closer to being flipped on its own blockchain, as other ERC-20 tokens now make up almost half of the total value stored on the network. However, the latest research from Messari Cr... Read More
22/05/20 18:00 by Guest Author
Binance and Eosfinex Join Equilibrium’s Decentralized Governance
Binance and eosfinex are participating in Equilibrium’s efforts to help bring enhanced decentralization to the DeFi project’s governance processes.
Equilibrium is the interoperable DeFi hub best k... Read More
22/05/20 18:00 by Tony Spilotro
It’s Official: Tether Flippens XRP After Recent Crypto Crash
Things just keep getting worse for the crypto asset known as XRP. After an extremely poor performance over the last two years, the latest crash across crypto has caused the stablecoin Tether market ca... Read More
21/05/20 12:34 by Edwin Kinoti
Will Stablecoins Oust Bitcoin to Become the New Blockchain?
Research analyst at Messari, Ryan Watkins recently asserted that stablecoins would become the new Blockchain. Stablecoins have garnered attention in recent times, as they are designed to minimize the... Read More
14/05/20 13:25 by Brenda Ngari
These Three Cryptos Account For 90% Of Total Trading Volume – Hint: One Is Tether
Bitcoin has remained the most popular coin since the mining of the genesis block. The pioneer cryptocurrency has been sharing the spotlight with two other cryptocurrencies recently, at least in terms... Read More
12/05/20 19:00 by Tony Spilotro
Tether Printed on Tron Nearly Leapfrogs Crypto’s Market Cap For Second Time
With the crypto market still trading within the clutches of bears that have kept prices down over the last several years, there’s been a massive surge in the market cap of stablecoins like Tethe... Read More
10/05/20 19:46 by Livine Sanchez
Tron’s New DeFi Initiative JUST
TRON has just launched a new DeFi platform known simply as JUST, which operates similarly to the MakerDAO in that stablecoins are issued when a user locks up native tokens in the smart contract—in ... Read More
23/04/20 14:04 by Brenda Ngari
Tether Issuance Isn’t Fuelling The Bitcoin Price Rise, A New Study Reveals
A new academic study conducted by the Centre for Economic Policy Research (CEPR) is trying to demystify one of the most deep-rooted myths in the crypto ecosystem.
The researchers, Richard K Lyons ... Read More
22/04/20 16:00 by Yashu Gola
Tether Surpasses XRP to Become the Third-Largest Cryptocurrency
The market capitalization of Tether (USDT) surpassed that of XRP this week.
The dollar-pegged stablecoin is now the third-largest cryptocurrency.
Macro factors led the demand for USDT higher, includ... Read More
22/04/20 13:38 by Jeff Fawkes
Coinbase: Global Market Uncertainty Drives Demand for Stablecoins
Coinbase claims that global market uncertainty creates the demand for stablecoins. The on-chain transfer activity and the market cap of stablecoins keep growing. The blog post defines two most import... Read More
21/04/20 15:42 by Samuel Wan
2 Reasons Why Ethereum DeFi Hacker Returned $25 Million in Hacked Funds
The weekend saw an exploit of the dForce DeFi protocol which netted hackers $25 million worth of crypto. This consisted mostly of Ethereum and stablecoins, with Bitcoin bringing up the tail end of ass... Read More
17/04/20 20:51 by John Kiguru
Here’s How Proposed Stablecoin Regulations Could Play In Favor Of Bitcoin and XRP
This week, Central banks got recommendations to heavily regulate, if not ban, stablecoins. The recommendations were outlined by the Financial Stability Board (FSB). This organization makes recommend... Read More
17/04/20 08:18 by Jeff Fawkes
Facebook’s Libra Will Now Scale to Develop Several Stablecoins
Libra will create several stablecoins until the end of 2020. This time – with government approval. The stablecoin will be backed by several government currencies. Also, there will be local curr... Read More
15/04/20 23:00 by Cole Petersen
Growing Stablecoin Balance Could Give Bitcoin Bulls a Powerful War Chest
Bitcoin’s bulls and bears have reached an impasse as the cryptocurrency enters a consolidation phase within the upper-$6,000 region. This lackluster bout of sideways trading comes shortly after the ... Read More
15/04/20 18:00 by Tony Spilotro
Crypto Stablecoins Are Printing Almost As Fast As The Fed
Crypto stablecoins continue to grow since Bitcoin‘s recent bottom, with the companies and consortiums behind each asset printing more supply almost as fast as the Fed prints more US dollars in a... Read More
14/04/20 12:20 by Edwin Kinoti
Stablecoins Emerging as one of 2020’s Biggest Crypto Moonshots
Stablecoins are increasingly becoming key components in the world of cryptocurrencies. The asset-backed virtual currencies are not only growing in number but also on valuation. Now, stablecoins are l... Read More
09/04/20 13:58 by Livine Sanchez
Bybit Unveils Tether Giveaway as Futures Exchange Competition Intensifies
Bybit has revealed another promotion designed to attract users to its trading platform and away from the competition. A Tether (USDT) giveaway launching on April 13 will see up to $1,000 worth of USD... Read More
05/04/20 10:00 by Nick Chong
The U.S. Dollar is Dying, Buy Bitcoin: “Rich Dad Poor Dad” Author
The past few weeks have undoubtedly been rough for crypto; from the February highs, Bitcoin has fallen 36%, reaching a low of $3,800 in March.
Robert Kiyosaki, the author of the popular financial book... Read More