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 ...
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 ...
%Cryptocurrency firm %Ripple (CRYPTO: $XRP) has officially launched its new stablecoin that’s pegged to the U.S. dollar. With ...
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 ...
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 ...
Stripe, a payments processing company, is reportedly in talks to acquire stablecoin platform Bridge, according to unnamed sources familiar with the deal. According to Bloomberg, the deal has not ...
Congress is divided on new stablecoin legislation. Senator Bill Hagerty (Republican-Tennessee) introduced a new stablecoin bill last week, which aims to bridge the divide that has stymied past ...
Tesla's (TSLA) latest creations — a driverless Cybercab, Robovan, and even its Optimus humanoid robots — could be making the case for wider spread stablecoin usage, according to Anthony ...
After a day of rumours it is now confirmed that Fintech Giant Stripe will acquire Bridge, a stablecoin infrastructure provider that has played a pivotal role in advanced online financial solutions ...
Stripe cofounder John Collison has overseen the fintech giant's reentry to the crypto space. Update: This story has been updated on October 21 after Stripe’s and Bridge’s CEOs confirmed the ...