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

Marcus Remains Optimistic After Major Players Leave Libra
Marcus Remains Optimistic After Major Players Leave Libra
October 16, 2019  |  Cryptocurrency

David Marcus, the co-creator of Facebook’s Libra cryptocurrency, said progress is being made despite the exit of several big companies, CNBC reported on Wednesday (Oct....

READ MORE >
Lawsuit Accuses Tether Backers Of Popping ‘Largest Bubble In History’
Lawsuit Accuses Tether Backers Of Popping ‘Largest Bubble In History’
October 07, 2019  |  Cryptocurrency

The companies in charge of the stablecoin cryptocurrency Tether are being sued and accused of “propping and popping the largest bubble in history.” As a...

READ MORE >
Coinbase CEO: US Should Support Libra Or ‘Get Left Behind’
Coinbase CEO: US Should Support Libra Or ‘Get Left Behind’
October 06, 2019  |  Cryptocurrency

Coinbase CEO and co-founder Brian Armstrong tweeted that he thinks the U.S. should get on board with Facebook’s Libra, Cointelegraph reported on Saturday (Oct. 5). ...

READ MORE >
Coinbase: Rewards Will Spur Crypto Adoption For ‘Everyday Use’
Coinbase: Rewards Will Spur Crypto Adoption For ‘Everyday Use’
October 02, 2019  |  Cryptocurrency

Libra is taking its lumps, as regulators tighten scrutiny on that cryptocurrency project. Bitcoin is bumpy, to say the least, changing hands at $8,300 –...

READ MORE >
For IBM, Blockchain as ‘Team Sport’
For IBM, Blockchain as ‘Team Sport’
September 24, 2019  |  B2B Payments

In the blockchain realm, IBM has said that it may join a team effort with Facebook to develop DLT technology. Elsewhere, Cisco moves ahead on its...

READ MORE >
Marcus Says Facebook’s Libra Will Move Forward
Marcus Says Facebook’s Libra Will Move Forward
September 20, 2019  |  Cryptocurrency

In an interview with Swiss newspaper NZZ, David Marcus, the Facebook executive in charge of proposed cryptocurrency Libra, said the project was moving forward and...

READ MORE >
Wells Fargo’s Stablecoin Pilot Targets X-Border Corporate Transfers
Wells Fargo’s Stablecoin Pilot Targets X-Border Corporate Transfers
September 18, 2019  |  B2B Payments

U.S. financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). In a press release...

READ MORE >
Arizona Looks To Crypto For Cannabis Payments
Arizona Looks To Crypto For Cannabis Payments
August 30, 2019  |  Cryptocurrency

Arizona is looking to FinTech and stablecoin to help solve the payments problem faced by the marijuana industry. The problem, of course, stems from the...

READ MORE >
Bitcoin Daily: Binance To Launch Regional “Libra-Like” Currency;  Coinbase Left 3K User Passwords Unprotected
Bitcoin Daily: Binance To Launch Regional “Libra-Like” Currency; Coinbase Left 3K User Passwords Unprotected
August 20, 2019  |  Bitcoin

Binance has announced plans to launch its blockchain project, Venus, to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. “Binance...

READ MORE >