Binance Has A Staggering $1B in ERC-20 Stablecoins
As the world reacts to the spread of the coronavirus pandemic, many businesses are shutting down. The global economy is in turmoil as everyone strives to hold onto what they ...
Tag: Stablecoins
MakerDAO Community Plans to Vote on Upgrades, Debt Auction Conducted
MakerDAO is a leading firm in the burgeoning sector of decentralized finance (DeFI). It is set up on the Ethereum network. MakerDAO has speedily called for a community vote on ...
Non-Custodial Smart Wallet Aims to Increase Access to Crypto and DeFi
The nascent crypto sector is continuously gaining ground in the global financial industry. Recently, a non-custodial smart wallet for decentralized applications (DApps) and cryptocurrencies have got new funding as it ...
E-Hryvnia Intimidates Banking System Landscape, Ukraine’s Central Bank
Despite undergoing extensive testing and research, the probability of a central bank digital currency (CBDC) still causes jitters among most of the bankers in Ukraine. The National Bank of Ukraine ...
Tether Unveils USDT Stablecoin on Algorand Blockchain
The leading stablecoin operator Tether has launched US dollar-backed stablecoin known as the USDT on the Algorand proof-of-stake (PoS) blockchain. In a February 10 press release, Tether said that USDT ...
Libra Association Sets Up Steering Committee For Technical Development
The Libra Association, which is the governing body of the controversial stablecoin introduced by Facebook in June 2019, has now formed a new committee. The new committee will guide the ...
China En-route To Introduce Its Digital Yuan To The World
Reports emerged in 2019 that the People’s Bank of China (PBoC) had embarked on developing a state digital currency. China went public with the news of its central bank digital ...
Is It Time For The Fed To Issue Digital Dollars?
In the second half of 2019, several banks announced that they are considering to issue their centralized central bank digital currencies dubbed CBDC. In that context, Tunisia made the headlines ...
Brian Armstrong Reviews the Decade in Crypto
On January 2, Coinbase CEO Brian Armstrong shared his thoughts in a Medium post. In that post, he was commenting on how the cryptocurrency space has progressed in the past 10 ...
Christine Lagarde Drops a Crypto Bomb, Says ECB Interested in Stablecoins
The European Central Bank (ECB)’s chief Christine Lagarde spoke positively about stablecoins and blockchain technology in her first press conference. Lagarde spoke about being “ahead of the curve” in terms ...