Silvergate is uniquely positioned to leverage Diem’s technology to further solidify its position as a leader in the digital currency industry.
Browsing: Stablecoin
What Is a Stablecoin?
A stablecoin is a new class of cryptocurrencies that attempts to offer price stability and are backed by a reserve asset such as Gold or the U.S. dollar. Stablecoins have gained traction as they attempt to offer the best of both worlds—the instant processing and security or privacy of digital currencies, and the fiat currencies like stability.
TrueUSD (TUSD), USD Tether (USDT), USD Coin (USDC), Diem, nUSD, and Dai are some examples of stablecoin.
Stablecoin Latest News
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The new USDC listing will enable Binance users to access the USDC stablecoin as a native TRC-20 token.
The federal regulator published a letter Tuesday confirming that national banks and federal savings associations must demonstrate that they have adequate controls in place before they can engage in certain cryptocurrency, distributed ledger, and stablecoin activities.
A comparison of Liquity’s and MakerDao’s lending process, use cases, token patterns, and liquidation mechanisms
USDC is a stablecoin that is pegged to the United States dollar and currently runs on the Ethereum, Stellar, Algorand, and Solana blockchains.
Silvergate Bank is one of the few U.S. banks serving crypto-related businesses. Silvergate lists Coinbase, Kraken, Bitstamp and others as customers.
United States, April 19, 2021 /AlexaBlockchain/ – Signature Bank has forged technology partnership to integrate Circle in the Signet ecosystem. Circle has also selected Signature Bank as its banking…
Lugh Company aims to develop new financial services based on blockchain technology.
The stablecoin ‘Lugh’ will have the ticker symbol $EURL and it will be the first French stablecoin backed by the Euro.
Di Maggio will collaborate with other researchers at Sperax in the finishing, launch, and further development of its stablecoin and BDLS protocol.