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 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 ...
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.
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 ...
%Cryptocurrency firm %Ripple (CRYPTO: $XRP) has officially launched its new stablecoin that’s pegged to the U.S. dollar. With ...
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 ...
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 ...
The new offering is being described as “stablecoin payments on steroids.” BCB is a payments provider that offers a digital wallet along with crypto trading. The new Flex Collect product aims ...
For the second time in less than a year, Circle Internet Financial Ltd. has increased the fees it charges to cash out holdings of its USDC stablecoin. Redemption of USDC via the Circle Mint ...
Tether Holdings Ltd., the British Virgin Islands-incorporated operator of the largest stablecoin, said it posted net profit of $2.5 billion in the third quarter, largely driven by gains realized ...
Chainalysis said though retail-sized transactions fared lower in value terms, it accounted for a vast majority – 93 per cent – in terms of volume of stablecoin transfers in the UAE. “This indicates a ...