Stablecoins
WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.
Australians Won't Use Libra, Believes Central Bank
Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.
Crypto Trading Privacy Gets a Boost as $15M of Tether Moves to Liquid Sidechain
Innocuous at first glance, the transfer of $15 million worth of USDT from ethereum to Liquid has big implications for the tether market and digital asset trading more broadly.
Kraken Lists USDC the Day After Binance Drops It for Some Pairs
Kraken, which considers USDC the world's fastest-growing stablecoin, adds it a day after Binance removed certain trading pairs for the stablecoin.
Stablecoin Startup Terra Expands to Mongolia With Taxi Payment Service
Terra is partnering with a Mongolian taxi company to let residents pay for rides using a stablecoin.
Equilibrium’s Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically
Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg.
Saga Stablecoin Goes Live Backed by Basket of Fiat Currencies
Saga Monetary Technologies has finally launched its SGA stablecoin, and it's already planning to break away from its pegged basket of currencies.
DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
It's one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.
Three Fronts in the Global Digital Currency Wars
There are now several competing approaches to building a new financial system, writes Circle CEO Jeremy Allaire. Which will governments embrace?
Binance Exchange Is First Client for Paxos' New Dollar Gateway
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance.
