by COINS NEWS - 2 years ago
Tether, the Largest Stablecoin Issuer, Surpasses the 100% Reserve Ratio
submitted by /u/rikbona [link] [comments]
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Cryptocoins News / The Cointelegraph - 2 years ago
Num Finance launches Colombian peso stablecoin on Polygon
Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia. Argentina-...
by COINS NEWS - 2 years ago
How is Toncoin a top 15 coin (11th highest non-stablecoin) that is about to overtake Matic?
So I am aware that Toncoin is basically a coin that is related to Telegram and it has been developed by Telegram, but it genuinely sticks like a sore thumb in top 15. Not necessarily by quality, or lack of quality of the project, but more so in its r...
Cryptocoins News / Finance Magnates - 2 years ago
What is a Stablecoin: How They Work and Types
In the ever-changing cryptocurrency landscape, innovation is constant. Stablecoins stand out as a unique and exciting notion among the other innovations that have developed. While traditional cryptocurrencies such as Bitcoin and Ethereum are notoriou...
Bitcoin News / Bitcoin.com - 2 years ago
Nigerian Crypto Trading Platform Unilaterally Converts User Funds to New Stablecoin — Move Sparks Exit Scam Fears
A Nigerian crypto trading platform, Patricia, announced on Aug. 18 that it had converted users’ outstanding funds to its U.S.-backed stablecoin known as “Patricia Token.” Some social media users have slammed the crypto tr...
Cryptocoins News / CoinJournal - 2 years ago
Coinbase buys a stake in USDC stablecoin issuer Circle
Previously, Coinbase only assumed a minority role as a distributor and promoter of the Circles USDC project. Buying a stake in Circle means Coinbase is taking a more hands-on approach to the project. The size of Coinbase’s stake in Circle has,...
Cryptocoins News / The Cointelegraph - 2 years ago
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin. Although a clear regulatory framework for digital assets has yet to be establish...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed - Yahoo Finance
Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed& & Yahoo Finance
by COINS NEWS - 2 years ago
Monetary Authority of Singapore (MAS) Finalises Stablecoin Regulatory Framework
The Monetary Authority of Singapore (MAS) today announced the features of a new regulatory framework that seeks to ensure a high degree of value stability for stablecoins regulated in Singapore. The regulatory framework takes into account feedb...
by COINS NEWS - 2 years ago
If you are holding stablecoins without putting them into work, you are doing something wrong
This applies to the people who hold stablecoins, without doing anything with them. Coins should work for you, earning you passive income. If you are holding stablecoins, and you are not putting them into work, you are making a mistake. In that case,...
More / Etherum Reddit - 2 years ago
DEX with stable coin yield + limit orders?
Hi there, question.. Is there DEX or other platform where I can simultaneously: a) park stable coins and earn a small yield on them, and b) place limit orders against my yielding stable coins? Example: some amount of USDC earning 2-3% and have open l...
Bitcoin News / Bitcoin.com - 2 years ago
Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume
For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet, stablecoins...
More / Etherum Reddit - 2 years ago
MakerDao's Spark Protocol sees over $1bn influx of deposits as crypto prices tumble. With 8% yield on DAI stablecoin at no additional risk, and US users now accepted, DAI is now considered by many to be a high yielding safe haven.
submitted by /u/Yvaia [link] [comments]
Bitcoin News / Bitcoinist - 2 years ago
Coinbase Moves To Delist 3 Stablecoins For Canadian Users
Coinbase, the largest crypto exchange in the US by trading volume, has moved to delist three stablecoins for Canadian users just a few days after its official launch in the country. Coinbase To Delist RAI, DAI, USDT In an email sent to customers, th...
by COINS NEWS - 2 years ago
Argentines Start Buying Stablecoins Amid Talks of US Dollar Adoption
submitted by /u/Sybil_White [link] [comments]
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase Responds to Canadian Regulations: Suspends USDT, DAI, and RAI Stablecoins
The US-based cryptocurrency exchange, Coinbase has announced its decision to halt trading of prominent stablecoins, namely Tether (USDT), Dai (DAI), and RAI Reflex Index (RAI), for its Canadian users starting from the end of this month. This signific...
Bitcoin News / Bitcoin.com - 2 years ago
Argentines Flock to Stablecoins Amidst Record Devaluation Numbers
Argentines are flocking to purchase stablecoins to protect their savings as the peso loses value. Local cryptocurrency sources reported an increase of up to 500% in the crypto volumes moved, mostly in stablecoins like USDT, to shield incomes against...
Bitcoin News / Google News Bitcoin - 2 years ago
Bybit Announces 'Imminent' Listing of Paypal's PYUSD Stablecoin ... - Bitcoin News
Bybit Announces 'Imminent' Listing of Paypal's PYUSD Stablecoin ...& & Bitcoin News
Cryptocoins News / The Cointelegraph - 2 years ago
Tether discontinues Bitcoin stablecoin, citing lack of usage
The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year. The issuer of stablecoin Tet...
Bitcoin News / Google News Bitcoin - 2 years ago
Tether discontinues Bitcoin stablecoin, citing lack of usage - Cointelegraph
Tether discontinues Bitcoin stablecoin, citing lack of usage& & Cointelegraph
Bitcoin News / Bitcoin.com - 2 years ago
Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most of the supply is held by the contract and the Paxo...
Bitcoin News / Google News Bitcoin - 2 years ago
Stablecoin issuer Tether no longer supports Bitcoin, other chains - CoinGape
Stablecoin issuer Tether no longer supports Bitcoin, other chains& & CoinGape
by COINS NEWS - 2 years ago
PayPal’s stablecoin opens door for crypto adoption in traditional finance
PayPal’s stablecoin sparked conversations over traditional finance’s growing interaction with the crypto space, stablecoin regulations and more. Global payment proces...
More / Bitcoin Reddit - 2 years ago
Stable currency VS Bitcoin?
I was reading somewhere that stability was required for money to be, well, money... or maybe did they mean currency? There is a difference between money and currency, and I wanted to know if stability was necessary for bitcoin wich is the hardest for...
Bitcoin News / Bitcoin.com - 2 years ago
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will...
