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Tag Archives: stablecoin

Data Suggests USDT Supply on Exchanges Affects Bitcoin’s Price

May 7, 2020


As Bitcoin has now crossed the $9,000 mark and is hovering around $9,200 at press time, many saw this as a clear sign that the world’s largest cryptocurrency has entered its pre-halving bull run. While it’s still too early to tell whether this will be the case with the latest price spike, there...

How the Ethereum DeFi Ecosystem Reacted to Coronavirus?

Apr 10, 2020


March 2020 witnessed the most volatile day in the price of cryptocurrency ever. Hence it was no surprise the Ethereum DeFi dapp category – as tracked by DappRadar also experienced an all-time high in terms of daily active unique wallet activity. As previously discussed. 12 March 2020 sa...

Stablecoins Might be the Bitter Foe of DCEP

Dec 6, 2019

Vincent He

For state-run digital currencies like DCEP, the biggest competitor may not be the digital currency issued by multinational enterprises such as Libra but the digital assets outside the supervision such as stablecoin. All kinds of altcoins, big or small, have little economic ecology; though ...

Date Set for Final Global Policy on Stablecoins

Oct 18, 2019

Olusegun Ogundeji

Stablecoins might work better as a means of payment and store of value, and possibly contribute to global payment development than crypto assets but they are untested, and still face significant risks. A committee on payments and markets infrastructure at the Bank of International Settlement...