Stablecoin

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

Source: en.wikipedia.org

Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
April 04, 2022  |  Metaverse

By 2030, 5 billion people — more than half the world’s population — will be trading in daily drudgery for the metaverse’s 3D immersive virtual...

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Speculators Are Betting Stablecoin Tether Will Lose Value
Speculators Are Betting Stablecoin Tether Will Lose Value
April 03, 2022  |  Cryptocurrency

Short sellers have been betting against the stablecoin Tether, which a Wall Street Journal report notes has a price that shouldn’t move. Get the Full...

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Zerocap Introduces A$DC, Stablecoin Pegged to Australian Dollar
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March 30, 2022  |  Cryptocurrency

Zerocap, an Australian crypt asset platform, has partnered with ANZ Bank to offer the first stablecoin pegged to the Australian dollar, the company announced Wednesday...

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The Case for Stablecoins: A Better, Safer, More Innovative Payments Solution Than Bitcoin
The Case for Stablecoins: A Better, Safer, More Innovative Payments Solution Than Bitcoin
March 29, 2022  |  Cryptocurrency

There are few segments of the cryptocurrency industry that get as much focus from policymakers as stablecoins. Get the Full Story Complete the form to...

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Terra Buys $135M in Bitcoin for UST Stablecoin Reserve
Terra Buys $135M in Bitcoin for UST Stablecoin Reserve
March 28, 2022  |  Blockchain

Do Kwon, co-founder and CEO of the company behind the Terra blockchain, confirmed it had bought over $1 billion in bitcoin since the end of...

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PYMNTS DeFi Series: What Is an Algorithmic Stablecoin? DAI and the Fiat-Free Dollar Peg
PYMNTS DeFi Series: What Is an Algorithmic Stablecoin? DAI and the Fiat-Free Dollar Peg
March 23, 2022  |  Cryptocurrency

Welcome to PYMNTS’ series on decentralized finance, or DeFi. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Today in Crypto: Stablecoin Cashio Loses $28M in Value After Glitch Attack; Figure Lets Homebuyers Use Crypto for Collateral for Loans
Today in Crypto: Stablecoin Cashio Loses $28M in Value After Glitch Attack; Figure Lets Homebuyers...
March 23, 2022  |  Cryptocurrency

Cashio, the Solana-based stablecoin protocol, has succumbed to an “infinite glitch” attack, according to developers, Coindesk wrote Wednesday (March 23). Get the Full Story Complete...

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Circle’s USDC Stablecoin Sees 18% Growth, Crests $50B in Circulation
Circle’s USDC Stablecoin Sees 18% Growth, Crests $50B in Circulation
February 28, 2022  |  Cryptocurrency

The Circle USDC stablecoin has passed $50 billion in total circulation, Coindesk reported Monday (Feb. 28). Get the Full Story Complete the form to unlock...

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Today in Crypto: Crypto Market Cap Drops 9% to $1.5T as Russia Attacks Ukraine
Today in Crypto: Crypto Market Cap Drops 9% to $1.5T as Russia Attacks Ukraine
February 25, 2022  |  Cryptocurrency

Russia’s invasion of Ukraine sent the market capitalization of major cryptocurrencies plummeting before they regained most of their lost value as the invasion passed the...

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