The stablecoin market is booming
During the last 12 months, the stablecoin ecosystem has seen rapid growth. Now several new contenders are challenging market leader Tether, promising new levels of transparency and security.
Facebook’s top-secret blockchain project is moving forward. What is Project Libra?
Social media platform Facebook is working on a blockchain-based payment solution code-named Project Libra. What are the implications for FacebookCoin, the Facebook ecosystem, and the wider blockchain space?
Using alternative indicators to confirm sentiment change and price breakouts
After the launch of JP Morgan's 'stablecoin' crypto is back in the mainstream narrative which should be a positive for the wider market if it warms public sentiment. While there is no indication this news is a turning point for the bear market it does highlight how we could use alternative indicators alongside price to confirm a breakout into the next bull run.
The potential of crypto credit markets and how to use them
The infrastructure for decentralized lending and credit markets is falling into place for an alternative credit market that moves countercyclical to the wider economy and could provide an opportunity for hodlers to take advantage of the crypto recession.
Traders flee Tether as uncertainty mounts
Doubts surrounding Tether have grown stronger over the last couple of weeks, and on Monday, these doubts turned to panic — sending the so-called stablecoin to lows of $0.80 on Poloniex, and fueling a 12 percent rise in the price of Bitcoin on Tether-denominated exchanges.
Winklevoss twins launch new stablecoin – the Gemini Dollar
Ever since stablecoins were initially discussed as a liquidity and risk protection solution within the cryptocurrency ecosystem, the race has been on to build this supposed ‘Holy Grail’ digital asset. The Winklevoss twins join the fray today with their own offering, the Gemini Dollar. Backed by key players within the New York financial system, news of its release has made waves within the space due to its 'best of both worlds' sales pitch.
The Gemini Dollar: A Regulated Stable Value Coin
The Gemini dollar is a cryptographic token that is (i) issued by a New York trust company, (ii) strictly pegged 1:1 to the U.S. dollar, and (iii) built on the Ethereum network according to the ERC20 standard for tokens. The Gemini dollar is a stable value coin that combines the creditworthiness and price stability of the U.S. dollar with the technological advantages of a cryptocurrency and the oversight of U.S. regulators. As an ERC20 compliant token, the Gemini dollar can be transferred on the Ethereum network. Gemini dollars are created at the time of withdrawal from the Gemini platform and redeemed or “destroyed” at the time of deposit into the Gemini platform.
Malta continues to champion crypto as home of Euro-backed stablecoin
Hopes are high that a new Euro-backed stablecoin, the EURS, launched by Malta-based STASIS, will provide a bridge between the worlds of traditional finance and cryptocurrency - and attract institutional investors
Saga: The fractional reserve stable coin to undo tether
With such practical and academic prowess behind it, Saga has every chance of pulling off what neither stable coins or fiat currencies have yet managed: a currency with low volatility that appreciates over time.
Stablecoins and payment processors to take crypto mainstream
If we are going to take cryptocurrency mainstream then it's time to start using stablecoins and payment processors. The biggest barrier to cryptocurrency adoption right now is the extreme price volatility because if you work hard for your money, and most of us do, then the idea of losing 20 percent of its value overnight just doesn’t inspire confidence.
Nu Whitepaper
While Bitcoin is a first generation cryptoasset,Peercoin was the beginning of the second generation defined by proof of stake. Nu heralds a third generation of cryptoassets featuring stable value managed by shareholders.
