sponsored A decentralized crypto lending platform says it has unveiled new features designed to make it easier to access liquidity without sacrificing their portfolio. A decentralized peer-to-peer network says it is well placed to cater to the growing demand for crypto lending, and has unveiled new tool that allows users to borrow USD-backed stablecoins against […]
Continue ReadingOKEx, OKCoin founder Star Xu announced OK Group partnership with blockchain-focused trust company, plan to launch stablecoin. Star Xu — founder of exchange services provider OKCoin and the world’s 6th largest crypto exchange OKEx — has announced OK Group’s partnership with blockchain-focused trust company Prime Trust, prospectively allowing the firm to launch its own compliant […]
Continue ReadingStablecoin TrueUSD has partnered with audit firm Armanino to allow traders to conduct instant audits of the coin’s backing. A new partnership between stablecoin TrueUSD (TUSD) and accounting firm Armanino purportedly allows traders to conduct instant audits of the token’s backing. The news was announced by TrueUSD in a blog post on Mar. 5. The […]
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Phillip Potter has joined the advisory board of a new stablecoin clearing house project. Phillip Potter, co-founder of Tether (USDT) and former Chief Strategy Officer of affiliate crypto exchange Bitfinex, has joined the advisory board of a new stablecoin clearing house project, Stablehouse.io. The news was shared with Cointelegraph in a press release on Feb. […]
Continue ReadingA former senior employee at U.S. crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance. A former senior employee at United States crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance, according to the company’s official website Jan. 4. […]
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Trading of Ripple with Tron and Zcoin with XRP as the base currency should go live today. Cryptocurrency exchange Binance will open trading of two pairs using Ripple (XRP) as the quote currency, a blog post confirmed Dec. 24. Set to launch the same day, the TRX/XRP (Tron) and XZC/XRP (Zcoin) pairs represent the first […]
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Crypto exchange Bitfinex has introduced margin trading for stablecoin Tether, and plans to add support for other stablecoin pairings. Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21. Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more […]
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Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin for the second time. Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin (USDC) for the second time, according to a company blog post Dec. 18. USD Coin — an ECR20 token first announced this May […]
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Paxos Standard (PAX), the U.S. dollar-backed stablecoin issued by blockchain trust company Paxos, has exceeded $5 billion worth of transaction volume. U.S. dollar-backed stablecoin Paxos Standard (PAX) has exceeded $5 billion worth of transaction volumes, according to a press release shared with Cointelegraph Dec. 13. As reported, PAX is an Ethereum (ETH) blockchain-based stablecoin, backed […]
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Major algorithmic stablecoin Basis, which raised $133 million in April, is shutting down and returning funds, say anonymous sources. Major United States-based stablecoin project Basis will shut down operations and return most of its funds to investors, crypto news outlet The Block reports today, Dec. 12. Citing “multiple people with direct knowledge of the situation,” […]
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