The collateral must be held by a custodian and audited regularly to guarantee redemption of the stablecoin tokens. Tether is the most popular stablecoin, pegged at par to the U.S. dollar and ...
%Cryptocurrency firm %Ripple (CRYPTO: $XRP) has officially launched its new stablecoin that’s pegged to the U.S. dollar. With ...
Tether, a dollar-based stablecoin (USDT), has a market capitalization of over $120 billion. It is one of the most popular “cryptocurrencies” in the world, only topped by Bitcoin and Ether in ...
Stablecoin market capitalization is almost back to its all-time high. That means there’s a lot of sidelined capital ready to be deployed when momentum picks up again, according to analyst Alice ...
Stablecoin design takes many different forms, each with its own tradeoffs: Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...
The Global Dollar Network is based around a new stablecoin called USDG, which will be issued out of Singapore by crypto platform Paxos. The token will be governed by a committee made of ...
Oct 15 (Reuters) - Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.
Congress is divided on new stablecoin legislation. Senator Bill Hagerty (Republican-Tennessee) introduced a new stablecoin bill last week, which aims to bridge the divide that has stymied past ...
Stablecoins, on the other hand, are less subject to volatility. Stablecoins are cryptocurrencies that are backed by an asset, most often a fiat currency. They maintain much of the appeal of other ...
Stripe cofounder John Collison has overseen the fintech giant's reentry to the crypto space. Update: This story has been updated on October 21 after Stripe’s and Bridge’s CEOs confirmed the ...