Posted in Cryptocurrency

Celo Dollar (cUSD) Stablecoin Launches as the Libra Rival Eyes Digital Ecosystem Dominance

Celo Dollars (cUSD) stablecoins are now live on the platform’s mainnet according to a medium post by the foundation on…

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Posted in Cryptocurrency

Advancing Dollar Will Fuel Demand for Tether, Which is on Track to be 2nd Largest Crypto

Bitcoin is currently trading around $9,650 and the rapidly increasing market capitalization of stablecoins supports the bitcoin price. Major stablecoins…

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Posted in Cryptocurrency

4 Million Dai Stablecoins Minted with wBTC; DeFi Gains A Boost from Bitcoin’s Liquidity

MakerDao, Ethereum’s largest DeFi, has facilitated the minting of over 4 million Dai stablecoins based on its newly added synthetic…

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Posted in Cryptocurrency

Stablecoin Printer Goes Brrr… Signaling an Early Bull Run in the Crypto Market?

During the past few months, stablecoins have seen immense growth which has led the total issued stablecoins surpassing $10 billion…

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Posted in Cryptocurrency

Stablecoin Popularity Grows As Their Value Transfers On Ethereum Blockchain Surpasses ETH

Most of the value in Ethereum blockchain is now being transferred using stablecoins rather than the blockchain’s native cryptocurrency, Ether….

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Posted in Cryptocurrency

Crypto Asset Broker Voyager Adds Three Interest-Earning Stablecoins; USDT, USDC, TUSD

Voyager Digital, the cryptocurrency brokerage company has just registered three new stablecoins. While making the announcement on Wednesday, the company…

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Posted in Cryptocurrency

Crypto Payment Processor BitPay Adds 3 Stablecoins For Merchants; GUSD, PAX, And USDC

The three stablecoins added are USDC, GUSD, and PAX. The use of stablecoins provides businesses and consumers with the ability…

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Posted in Cryptocurrency

Lawmakers Considering to Classify Stablecoins as Securities

Stablecoins may became a security, if lawmakers’ efforts are successful. Garcia and Gooden presented their bill to the House Financial…

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Posted in Cryptocurrency

World Economic Forum States That Stablecoins Could Temper US Dollar Domination Risk

Stablecoins are pegged directly to a specific asset, which could inherently increase domination of the dollar. The debt of the…

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Posted in Cryptocurrency

EU Will Opt Against Issuing Stablecoins, Instead Choosing to Regulate Existing Stablecoins

Stablecoins are digital assets that are pegged directly to a currency or commodity. The EU is expected to approve the…

Continue Reading... EU Will Opt Against Issuing Stablecoins, Instead Choosing to Regulate Existing Stablecoins