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Circle Releases USDC Attestation Report Performed by Grant Thornton LLP
Circle is the provider of the USDC stablecoin, which is required to maintain a 1:1 ratio with the company’s liquidity at all times.
Circle CEO Jeremy Allaire: Stablecoins That Use Open Standards Will Prevail
Jeremy Allaire, co-founder and CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using an open standards approach will prevail.
While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations
Tether has updated its terms of service regarding the backing of its USDT token, apparently reversing previous assertions that all USDT tokens are backed one-to-one with USD reserves.
Cryptocurrency Community Eyes Tether After Website Dilutes USD Backing Claims
Developers behind stablecoin Tether (USDT) have drawn scrutiny today, March 14, after social media users noticed they had removed previous claims that the altcoin was fully backed by United States dollars.
Win-Win Partnership: TRON’s Justin Sun to Award RMB100 Million to TRC20-Based USDT Users
Justin Sun, Founder and CEO of TRON, said the transaction fee for TRC20-based USDT is zero. Sun also revealed that he will award more than RMB100 million to TRC20-based USDT users in the days to come.
Tron and Tether Partner to Issue USDT on the Tron Network by Q2 2019
Blockchain protocol Tron (TRX) and Tether, issuer of stablecoin USDT, have announced a partnership to introduce USDT to the Tron network by the second quarter of 2019.
An In-Depth Look at Ethereum's Maker and Dai Stablecoin
Since tether (USDT) bolstered the idea of a working stablecoin over the last few years, there’s been a variety of different types of stable cryptocurrencies that are usually pegged to the U.S. dollar. However, there’s one particular stablecoin that’s been a hot topic of discussion lately called dai, a coin that’s backed by ethereum locked into a smart contract.
Stablecoins Dominate Currency Pairings for Leading Crypto Assets
Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap.
The State of Institutionalization of Cryptoassets: Inside Look at Big Four Auditing Firm KPMG Report
Cryptoassets have disruptive potentials, but institutionalization is necessary for them to reach this potential, according to a report from Big Four auditing firm KPMG.
Bitcoin’s Daily Transaction Volume is More Than the Other Top 10 Crypto Assets Combined
Bitcoin still processes more US dollar-denominated transaction value per day than all of the other top ten crypto assets combined, according to Coin Metrics.
New CryptoCompare Data Shows Uneven Balance of Power: 10 Exchanges Control 60% of Trade Volume
CryptoCompare looks to provide clear and concise information, while still offering a detailed analysis of data to help bridge the gap between digital asset and traditional financial markets.
Bitcoin Exchange Guide News Team
Crypto Markets Experience Moderate Growth, Bitcoin Holds Above $3,600
CrypMost of the top 20 coins by market capitalization are up over the last 24 hours, with Bitcoin (BTC) holding firmly above the $3,600 mark.
Stablecoin Markets Move into Growth as Traders Find New Options
The stablecoin investment rage of 2018 is showing signs of paying off as the outstanding supply of the greenback-crypto now stands at double versus the start of 2018.
A Big Question Mark Hangs Over Tether’s U.S. Dollar Reserves
Accounting statements from the Central Bank of the Bahamas seem to shed some light on a puzzle about Tether’s cash stockpile, which has long baffled the market.
Facebook Is Developing a Stablecoin for WhatsApp Users in India
Today even Facebook can't resist sticking its nose into the blockchain space.
Research Suggests Tether Holds Cash Stockpile to Back Up Its Claims
A recent Bloomberg report suggests that Tether can substantiate its claims on collateral and has managed to earn at least $6.6m in interest from its reserves from January to July this year.
Stablecoins Flaunt A Walloping 1032% Increase In On-Chain Transactions
Tether has shot past both EOS and Bitcoin Cash, hurdling into fifth spot in the top 100 cryptocurrencies by market cap despite a setback in sovereignty for the king of all stablecoins.
USDT Dethroned on Binance as Tether Market Gets Rebranded as Combined Stablecoin Market
Following the Tether crisis last month, fewer exchanges are looking to USDT as a benchmark for stablecoins.
Exclusive: OKCoin Eyes Launching Its Own Stablecoin, Executive Reveals
OKCoin is actively seeking licenses throughout the world and looking forward to launching its own stablecoin, according to an interview with Tim Byun, CEO of OKCoin USA.