Stablecoins


Markets

MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin

With the DAI's dollar-peg "almost at a breaking point," governance token holders are considering whether to raise the "Dai Stability Fee."

maker, dao

Markets

TrueUSD Stablecoin to Add 'Real Time' Monitoring of Dollar Backing

TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.

money magnifying glass

Markets

Tether to Launch New Version of USDT Stablecoin on Tron Blockchain

Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.

Justin Sun speaks at niTRON Summit 2019 in San Francisco, photo by Brady Dale for CoinDesk

Markets

Will Fiat-Backed Stablecoins Pass Legal Muster With the SEC and CFTC?

As stablecoins see greater capital inflows and adoption, regulators will likely take a harder look at their compliance status.

washington, dark

Markets

Facebook Plans Cryptocurrency Launch in First Half of 2019: NYT Report

A report from the New York Times says plans to launch a cryptocurrency product in the first half of 2019.

facebook

Markets

Blockchain Sleuthing Startup Chainalysis Raises $30 Million

The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.

(Evannovostro/Shutterstock)

Markets

Winklevoss Exchange Gemini Shuts Down Accounts Over Stablecoin Redemptions

OTC traders tell CoinDesk that crypto exchange Gemini is limiting access to redemptions of its GUSD stablecoin.

WT

Markets

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Bermuda

Markets

Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

View of the Azadi Tower. Tehran, Iran.

Markets

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation.

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