Stablecoins Gone Wild
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- The soared above $1 to a high of $1.19 Tuesday, just a day after competing stablecoin dropped to an 18-month low.
- Crypto exchange Bitfinex announced a new process for depositing fiat currency, a move that came after the platform halted the service in recent days.
- Singapore-based crypto exchange Huobi will list 4 US dollar-pegged coins some time this week.
- A new startup called the Paradigm Foundation has secured $1 million in equity seed as it hopes to unite all the decentralized exchanges in a single order book.
Late Confirmation is a CoinDesk production made in collaboration with The Podglomerate.
For more information, visit www.CoinDesk.com
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CoinDesk
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.
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