Altcoins

Crypto Startup Wirex Partners With Stellar To Launch 26 Fiat-Backed Stablecoins

Illustration via Wirex UK-based crypto startup Wirex Ltd. has partnered with Stellar to launch 26 fiat-backed stablecoins to be integrated onto the Wirex platform. The company has also announced the support of Stellar’s native asset Lumens (XLM), which will be joining 19 other crypto and conventional currencies supported by the Wirex Visa card, Wirex said […]

Bitcoin

Cryptocurrency Researchers Diar Expand Data Platform to Cover ETH and Stablecoins

One of the cryptocurrency industry’s leading research groups, Diar, has announced that it will be expanding its coverage of the digital asset space going forward. Amongst the additional areas focused upon in future editions will be the Ethereum ecosystem, along with the ever-expanding list of stablecoins such as Tether and the Gemini Dollar. Diar to […]

Bitcoin

Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies

The lack of uniformity in stablecoins has led Japan’s Financial Services Agency (FSA) to conclude that stablecoins are not cryptocurrency. Not All Digital Assets Are Created Equal Japan’s Financial Services Agency (FSA) recently announced that it does not believe stablecoins should be classified in the same category as cryptocurrencies. According to Japan’s Payment Services Act […]

Blockchain

Stablecoins Are The ‘Disney Dollars’ of Crypto

Companies and exchanges are jumping on the stablecoin bandwagon — but just how promising is this concept and doesn’t it go completely against everything Bitcoin stands for?  Dollar-Pegged Money is Nothing New Disneyland’s first president, Jack Lindquist, introduced the in-house currency called Disney Dollars in 1987. These paper notes featured pictures of Mickey Mouse and other […]

Crypto News

Why New Generation Stablecoins are Crucially Based on Ethereum

Advertisement TrueUSD (TUSD), Circle Coin (USDC), Gemini Dollar (GUSD), and Paxos (PAX), new generation stablecoins competing against Tether (USDT), are all based on the Ethereum blockchain network. Crucially, all of the three above mentioned stablecoins are fully audited, transparent, and regulated, which allow them to obtain stable banking services and guarantee the ability of consumers […]

Blockchain

Huobi Unveils New ‘All-in-One’ Stablecoin for Stablecoins (Except Tether)

Cryptocurrency exchange Huobi announced today that it has launched its very own interchangeable stablecoin dubbed HUSD. “All-In-One Stablecoin” Huobi, which is currently the third largest cryptocurrency exchange by means of traded volume according to data from CoinMarketCap, announced the launch of its own stablecoin HUSD. Notes Livio Weng Vice President at Huobi: It’s our great […]