Following massive transfers of its dollar-linked tokens into a company-controlled account, Tether has destroyed a large chunk of USDT supply.
CoinMarketCap Excludes Some Tether Data After Clarification by Bitfinex
A CoinDesk report regarding a misleading data point on CoinMarketCap has led to a change in the way tether trading volume is calculated.
New Stablecoin Tied to Australian Dollar Is Launching on Stellar’s Blockchain
A new stablecoin launching on the Stellar network is pegged to the Australian dollar and is being pitched for consumer and business use.
Bitfinex Is Publishing Data for a Tether Market That Doesn’t Exist
Bitfinex’s API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn’t exist. So what does that $48 million in daily volume mean?
Coinbase Adds Its First Stablecoin Tied to the US Dollar
Coinbase is providing support for the Circle-issued USDC stablecoin. The token will initially be supported through Coinbase Wallet.
Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1
Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company’s “treasury” wallet.
The Delicate Psychology of Stablecoins
Replacing tether’s role in the crypto markets will require an obsession with maintaining transparency and trust.
Tether Floods Into Kraken Exchange, Where Crypto Traders Can Get Dollars
In theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken.
Crypto Exchange Huobi Now Lets Users Swap Between 4 Different Stablecoins
Singapore-based cryptocurrency exchange Huobi has just launched a solution that enables users to switch between different stablecoins.
Binance CFO Says Crypto Exchange Looking to Add New Stablecoins
Binance sees stablecoins like tether, and potentially the Gemini Dollar, as “critical for our ecosystem,” the exchange’s chief financial officer says.
How a Bitcoin Exchange Is Surviving a Central Bank Crackdown in India
Indian regulators’ clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.
Gemini Stablecoin Volume Doubles on Top 10 Exchange Amid Tether Turmoil
The Bibox exchange dominates trading in the Gemini Dollar, the Winklevoss twins’ month-old stablecoin. Its volume surged when tether’s peg broke.
Which Stablecoin Is the Riskiest? The Crypto Market Is Pricing That In
Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT.
Another Top-10 Crypto Exchange Is Adding 4 Stablecoins This Week
The Huobi exchange has announced it will add support for four U.S. dollar-pegged cryptos, a day after OKEx did the same.
Paxos Claims $50 Million in Price-Stable Crypto Issued in First Weeks
Paxos claims it has so far issued a total of $50 million-worth of its Paxos Standard crypto stablecoin since its official launch last month.
Crypto Exchange OKEx Lists 4 New Stablecoins
Hong Kong-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading.
Internet Giant GMO to Roll Out Yen-Pegged Crypto Stablecoin in 2019
Japanese IT giant GMO Internet is jumping on the stablecoin bandwagon, planning the launch of a yen-pegged cryptocurrency in 2019.
USD Coin Arrives: Circle’s Crypto Stablecoin Is Now Trading
Crypto finance firm Circle has officially released its dollar-pegged stablecoin for limited trading, the company announced Wednesday.
Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold
Eidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that’s redeemable for actual gold.
$1 Billion Blockchain Fund Founders Plan Japanese Yen Stablecoin
Founding partners of the $1 billion blockchain fund backed by a Chinese city government are planning to roll out a Japanese yen-pegged stablecoin.