Stablecoins


Markets

Bittrex-Backed Euro Stablecoin Can Be Staked for 8% Interest

A group of blockchain firms called Universal Protocol Alliance is launching a euro-pegged stablecoin that can be staked to earn annual returns.

euros (2)

Markets

$5 Million in MakerDAO Loans Have Been Liquidated, But Help Is on the Way

A new tool called CDP Saver is being tested that could soon make MakerDAO loans less risky.

ether, worker

Markets

MakerDAO Votes to Increase Fees 4% on Ethereum Stablecoin DAI

Users of the dollar-backed stablecoin DAI have staked MakerDAO governance tokens in favor of supporting a 4 percent raise to stablecoin fees.

pennies

Markets

Facebook Seeks Counsel to Forge Blockchain Partnerships for New Products

Facebook is looking to hire a lead commercial counsel for blockchain to negotiate "partnerships needed to launch new products."

facebook

Markets

IBM Signs 6 Banks to Issue Stablecoins and Use Stellar's XLM Cryptocurrency

Six banks have signed up to issue stablecoins through World Wire, an IBM network built on the Stellar blockchain.

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Markets

MakerDAO Weighs Fourth Fee Hike as DAI Stablecoin Remains Below $1

MakerDAO token holders could soon be voting on another proposal to increase fees on the loans that issue new holdings of the stablecoin DAI.

maker, dao

Markets

Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone

Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.

tether

Markets

'Facebook Coin' Could Generate Billions in Revenue: Barclays Analyst

A note from Barclays analyst Ross Sandler sketches out how much Facebook might gain from developing its own cryptocurrency.

facebook-flowers

Markets

JP Morgan’s Stablecoin: A Feat of Engineering or Marketing?

Upon first examination, JPM coin is an exciting Wall Street development, but the reality is more complicated, writes Kadena's Ben Jessel.

jp morgan, coins

Markets

MakerDAO Token Holders Approve Fee Increase for Ethereum Stablecoin

Votes have been cast in overwhelming support of increasing borrowing fees to the dollar-backed stablecoin dai.

Coins