Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation.
A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain
Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network
A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.
Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor’s Report
Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton.
Genesis, BitGo Team Up to Enable High-Frequency Crypto Trading
BitGo and Genesis Global Trading are targeting Wall Street institutions with a new high-speed crypto trading service.
Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War
Here’s why several stablecoins saw sudden bursts of activity over the past three months.
Pablo Escobar’s Brother Says New Crypto Will Fund ‘Impeach Trump’ Effort
The brother of deceased drug lord Pablo Escobar has launched a cryptocurrency apparently targeting the impeachment of President Trump.
Coinfloor to Relaunch Crypto Derivatives Exchange With Stablecoin Futures
CoinfloorEX, a bitcoin futures market, has been spun off from its parent company and will relaunch next month with a stablecoin futures product.
Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer
Vaishali Mehta, a senior compliance manager at Coinbase from November 2017 to November 2018, has joined TrustToken as head of compliance.
2018 Was the Reality Check. 2019 Starts the Crypto Comeback
Micah Winkelspecht is CEO and founder of Gem, a crypto portfolio app company based in Los Angeles, The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. If 2017 was the year of irrational exuberance, 2018 became the year of reality checks when the market sputtered and crashed. I predict that this year will […]
The True Crypto Alternative to Government Money
Evan Kuo is the co-founder of Ampleforth (formerly Fragments), a startup developing advanced technological solutions for the stablecoin market, and the former founder of on-demand delivery startup Pythagoras Pizza. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. “I don’t believe we shall ever have a good money again before we take the […]
Facebook to Develop its Own Stablecoin for Remittances: Report
Social media giant Facebook is reportedly working on to launch its own stablecoin for money transfers through its popular messaging app WhatsApp.
Facebook to Develop its Own Stablecoin for Remittances: Report
Social media giant Facebook is reportedly working on to launch its own stablecoin for money transfers through its popular messaging app WhatsApp.
TrustToken Says It Passed 3 Security Audits With No Bugs Found
TrustToken says its tech has passed three independent security audits, while its stablecoin is now seeing trading volume over $1 billion a month.
This Brazilian Bank Is Using Ethereum to Issue a Stablecoin
The Brazilian National Social Development Bank is to pilot a stablecoin based on ethereum to combat corruption.
Basis Stablecoin Confirms Shutdown, Blaming ‘Regulatory Constraints’
Basis, the most well-funded stablecoin startup, says it couldn’t overcome regulatory hurdles and is returning money to its investors.
Stablecoin Issuer Promises Full Audits of Euro-Backed Crypto Token
The engagement of BDO Malta aims to dispel any doubts that EURS stablecoins are backed one-to-one by euros.
2019 Will Be a Big Year for Stablecoins
2019 is shaping up to be a pivotal year for innovation in the stablecoin sphere, writes the CEO of crypto trading firm XBTO.
Tether Says Customers Can Once Again Deposit and Redeem Fiat
Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with the euro and U.S. dollar.
Crypto Payments Processor BitPay to Support Paxos Stablecoin
BitPay is integrating the Paxos Standard stablecoin into its services, allowing merchants to utilize the token to settle transactions.
Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop
The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.
