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Tag Archives: stablecoin

How Rising Stablecoins Use Can Impact Bitcoin, Ethereum

Mar 1, 2019

Olusegun Ogundeji

Bitcoin’s volatility is “a feature and not a bug” that could make stablecoins' use rise in the long term, a new report by all-in-one crypto company, Blockchain, posited. The projected rise would impact top cryptocurrencies like Bitcoin and Ethereum in some ways, it suggests. Known for th...

Will Regulated PAX Replace USDT for the King of Stablecoins?

Nov 30, 2018

conniewang

Despite the prolonged cryptocurreny bear market, the topic of stablecoins has been generating a lot of buzz in the crypto community these days. Binance, the world’s largest crypto exchange by trading volume, has listed the  Paxos Standard (PAX) token, a regulated cryptocurrency fully collat...

Crypto Exchange Huobi to Launch Its own Stablecoin HUSD

Oct 19, 2018

lylian Teng

Huobi, the world’s third largest cryptocurrency exchange by trading volume, announced today that it would launch its own stablecoin called HUSD. Stablecoins are cryptocurrencies pegged to a stable asset as gold or fiat currencies. The buzzword has been embroiled in controversies, particul...

Tether’s Fall Opens Other Stablecoins to Crypto Exchange Support

Oct 19, 2018

Olusegun Ogundeji

Several new developments have taken place in the crypto market since Tether (USDT), the world's largest stablecoin, lost its dollar peg ( 1$–1 USDT) on October 15. In particular, key exchanges have shown support interest for stablecoins as Tether's value drop caused major price discrep...

Stablecoin Based on Bytom (BTM) – Some Thoughts

Oct 18, 2018

lylian Teng

In the recent Bytom Global Dev Competition, some stablecoin projects have been seen. It is no surprise as stablecoin has been really a buzzword in the recent crypto market, and these projects are mulling over stablecoins based on Bytom Blockchain. Stablecoins have been embroiled in contr...

Price Drop 10% in Hours, Stablecoin USDT Seem not Stable Today

Oct 15, 2018

lylian Teng

The 1:1 U.S. dollar-backed stablecoin USDT seemed not so stable today as its price once tumbled over 10% merely in hours down to $0.9. Starting from 13:40 (GMT+8) October 15, the stablecoin has seen abnormal price swings, and its OTC (over-the-counter) prices then began to drop...

The Growing World of Stablecoins – Total 57 Worldwide

Sep 29, 2018

Olusegun Ogundeji

The number of active stablecoin projects has increased over the past 12 to 18 months. According to a new report by cryptocurrency firm - Blockchain, more than a dozen others are being planned for launch in the coming weeks/months. However, despite being two leading cryptocurrency trading locatio...

Japanese Yen Stablecoin May be Rolled out by the End of 2018

Sep 19, 2018

lylian Teng

A Japanese yen-pegged stablecoin is under plan by the founding partners of the world’s largest blockchain fund backed by the government of the Chinese city Hangzhou, as reported by South China Morning Post. The stablecoin is expected to be rolled out as early as the end of this year or ...