Crypto News

Stablecoin Wars: Crypto Merchant Service BitPay Lists Paxos Standard

Advertisement Twitter Facebook LinkedIn BitPay today expanded its stable of stablecoin offerings for merchant settlement to include the new Paxos Standard, the most heavily traded of the recently-launched group of “regulated stablecoins.” As CCN reported in October, BitPay has already added support for Circle’s USD Coin and Gemini’s GUSD. It has apparently decided not to […]

Altcoins

Binance the Latest Exchange to List Goldman Sachs-Backed USDC Stablecoin

Advertisement Twitter Facebook LinkedIn Leading cryptocurrency firm Binance has become the latest exchange to list the USDC stablecoin. In a statement, the cryptocurrency exchange indicated that trading of the USDC and bitcoin (USDC/BTC) pair, as well as the Binance token and the USDC (USDC/BNB) pair, will commence on November 17. Depositing the stablecoin which is […]

Altcoins

Circle’s USDC Stablecoin to Be Listed on Binance, Trading Begins Tomorrow

Goldman Sachs-backed startup Circle has announced that Binance will list its USDC stablecoin. Binance, one of the world’s largest cryptocurrency exchanges, has opened deposits for USDC. Beginning tomorrow, at 10 p.m. EST, trading for USDC/BTC and USDC/BNB pairs will be possible. The news of the addition of Circle’s USDC stablecoin comes at a time when […]

Blockchain

Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors

Sharia-compliance finance is becoming a field of choice for several fintech companies as regulators and market participants in the Middle East seem keen on attracting new business. Now, Swiss-based cryptocurrency firm X8 has become the latest to acquire an Islamic finance certification. Islamic Finance Certified for Mid-East Expansion X8 AG, a cryptocurrency and fintech startup […]

Ethereum

Origin Adds TrueUSD Stablecoin

The Ethereum powered, sharing economy platform Origin is adding another stablecoin: TrueUSD. The news comes in the form of a blog post, explaining the need for a stablecoin in their peer-to-peer economy. “[T]here are solvable problems standing between us and a future of truly peer-to-peer commerce. One of these problems, cryptocurrency price volatility, has a […]

Crypto News

Stablecoin Wars: Coinbase Token Attracts Capital But PAX Dominates Trading

Advertisement Twitter Facebook It’s now been nearly two months since Winklevoss-led cryptocurrency exchange Gemini fired the first shot in the stablecoin wars through the launch of its USD-pegged crypto token, the eponymous Gemini Dollar. That same day, Paxos — like Gemini an NYDFS-regulated firm — made a similar announcement, and before long, crypto unicorns Circle […]

Ethereum

Circle & Coinbase Partner Up For a Better Stablecoin, But There’s a Catch

Circle and Coinbase, two of the largest and most popular cryptocurrency companies, are partnering to improve the stablecoin concept, but there’s a catch.  The CENTRE Consortium for a Better Stablecoin On Tuesday, both companies announced the CENTRE Consortium, a joint venture that aims to speed up adoption of cryptocurrencies backed by actual fiat currencies like US […]

Bitcoin

Coinbase to List Competitor-Backed Stablecoin Amidst Growing Interest

Coinbase will reportedly list a stablecoin initially backed by one of its closest competitors after joining the consortium behind the USD-pegged cryptocurrency. Coinbase Joins CENTRE Consortium, Will List USD Coin San Francisco-based cryptocurrency exchange Coinbase recently listed decentralized exchange protocol utility token 0x (ZRX) to the list of cryptocurrencies it offers to consumers for trading. This […]