United States, March 4, 2021 /AlexaBlockchain/ – Hover Labs has increased the debt ceiling on the Kolibri platform twice in two days to keep up with the unexpected demand surge…
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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Combining Digital Yen and Digital Dollar into a Single Order Book will position GYEN with the same standing as JPY fiat
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of next generation financial infrastructure globally.
VersaBank Partners with Stablecorp to develop VersaBank digital currency VCAD.
The federal banking regulator published an interpretive letter addressing whether national banks and federal savings associations could use new technologies, including INVNs and related stablecoins, to perform bank-permissible functions, such as payment activities.
Stellar developers and end-users can now benefit from the world’s leading compliant and regulated digital dollar stablecoin SAN FRANCISCO and BOSTON, Oct. 16, 2020 / AlexaBlockchain/ – The Centre Consortium, co-founded…
Centre Consortium Announces Algorand as an Official Chain for USDC, Launches on Mainnet