SIX, the Swiss national stock exchange group, is working on creating its own stablecoin pegged to the Swiss franc.
A decrease to fees on stablecoin DAI failed to activate over the weekend due to a lack of voter turnout.
Dollar-backed stablecoin DAI is trading above a dollar for the first time in a long-time. MakerDAO token holders have voted to decrease fees on the stablecoin in order to address high market demand for DAI.
Coinbase is expanding crypto-to-crypto trading in USD Coin, a dollar-pegged stablecoin, to a host of nations.
Paxos is doubling down on a traditional approach to crypto custody and enabling instant stablecoin redemptions.
Recent events involving Binance, Bitfinex and Tether suggest there’s potential for “catastrophic, systemic risk in crypto,” Dan Cawrey argues.
With the DAI stability fee rising nearly 40-fold in three months, early borrowers are feeling the pinch.
Prominent crypto researcher Christian Catalini is helping Facebook with its stablecoin efforts, two sources with knowledge of the situation tell CoinDesk.
Facebook is said to be in talks with firms, including Visa and Mastercard, to support and fund its planned fiat-backed cryptocurrency.
The MakerDAO lending platform will be increasing fees by 3 percent in an effort to retract stablecoin DAI supply and push token prices up to dollar valuation.
Stablecoin issuers are taking advantage of Tether’s troubles to promote their cryptocurrencies as more viable alternates.
A highly anticipated upgrade to the programmatic lending platform MakerDAO will also feature a brand new webpage design for users.
Paxos will issue up to 100 million of its PAX stablecoins on the Ontology blockchain next month.
Penned by the stablecoin project’s former CTO, “Zandy’s Story” paints a clear picture of MakerDAO’s current turmoil.
More than 10 million Paxos Standard stablecoins were minted after the New York Attorney General’s bombshell allegations about rival issuer Tether.
MakerDAO token holders have voted again to increase issuance fees on dollar-backed stablecoin DAI.
U.K.-licensed payments platform Wirex is launching 26 fiat-backed stablecoins on the Stellar blockchain network.
TrustToken has launched a stablecoin backed by the Australian dollar, with tokens for CAD, HKD and euros to follow soon.
Blockchain compliance startup Chainalysis has added support for Binance’s native token BNB and three stablecoins to its transaction monitoring tool.
MakerDAO token holders approved a 3 percent fee increase on the programmatic loan system issuing DAI tokens. Yet token holders appear to be more divided on how high of an increase is warranted for the MakerDAO system.