Tagged: stablecoin

Stablecoin Paxos Tops $5 Billion in Transactions in Just 3 Months

Paxos, and its stablecoin Paxos Standard token (PAX), has topped $5 billion in transactions in just three months, according to a note from the company. PAX says that to date it has been used in $5,245,958,124.65 worth of transaction volume, including exchange trading volume and… Read More

Stablecoin Fragments Rebrands as Ampleforth, Receives $1.75 Million in Funding

Fragments has rebranded itself as Ampleforth as it introduces a noncollateralized stablecoin called Amples. Amples proposes a “framework for creating an Ideal Money that is inflation-proof, sovereign free and capable of storing both near and long-term value.” Predecessor Fragments used a smart contract called the reserve… Read More

AlphaPoint Announces TrueUSD Integration to Exchange Technology Network

AlphaPoint, a U.S.-based blockchain company focused on enabling institutions to launch, scale, and operate digital asset networks and exchanges all over the world, announced on Tuesday it has integrated exchange-independent stablecoin TrueUSD (TUSD) into its exchange technology network.   AlphaPoint reported that the integration will enable its… Read More

Fintech Smart Valor to Launch Stablecoin backed by Swiss Franc

Announced the first day of the Crypto Summit in Zurich, Switzerland, Smart Valor has launched a project to create the first stablecoin backed by the Swiss Franc. Smart Valor is a digital assets platform and compliant marketplace for crypto – including security tokens. The Swiss… Read More

Israel Tax Authority Comments on Cryptocurrency

Last week, the Israeli Blockchain Forum hosted a meetup with the Israeli Tax Authority (ITA). CPA Roland Am-Shalem, Senior Deputy Director General at the Authority, participated in the meetup.  The event was shared in a post by Igal Nevo, CEO of the Forum. Acc0rding to Nevo: “Roland… Read More

QuantmRE Teams Up With Securrency For New Globally Compliant Stablecoin & Blockchain-Based Real Estate Marketplace

Blockchain-based real estate marketplace QuantmRE announced on Thursday it has teamed up with global financial services technology Securrency to create the infrastructure to support its real estate trading platform and launch globally compliant stablecoin and cryptocurrency ecosystem EQRE. Founded in 2017, QuantmRE is seeking to become the… Read More

A Crypto that Only Rises in Value? Untethered to Any Fiat Currency, Stablecoin ndau Launched by Oneiro

Oneiro has launched a cryptocurrency stablecoin that is not pegged to any fiat currency such as the dollar or euro. Stablecoin ndau is described as the “world’s first buoyant coin optimized for long term store of value.”  The stablecoin is said to include built in… Read More

New York Department of Financial Services Approves Gemini & Paxos Stablecoins Pegged to US Dollar

The New York Department of Financial Services (DFS) says they are continuing to foster responsible growth in the Fintech sector following the authorization of stablecoins issued by both the Gemini Trust Company and Paxos Trust Company. The Gemini Dollar will be pegged to the US… Read More

Kowala Issues kUSD Stablecoin with Ledger Wallet Support

  Kowala, a stablecoin protocol that is said to maintain price-pegs to fiat currencies by robotically minting and burning coin supply according to demand, announced that their dollar-tied “kUSD”, is the first stablecoin to earn public platform support from Ledger – hardware wallet. Crypto holders… Read More

TrustToken’s TrueUSD Stablecoin Now Trading on Bittrex: Reports “Huge” Response

This past January, TrustToken, a global platform for tokenizing fiat currencies and real-world assets backed by Stanford-StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first fiat-backed stablecoin to offer token-holders legally protected certificates of ownership of US Dollars. TrueUSD aims to offer a more stable… Read More

Record-Breaking Havven’s Crypto-Blockchain Monetary System & Stablecoin Closes in 90 Minutes

Havven’s crypto-monetary system and stablecoin sale closed within a day, with a total cap of USD$30 million. Tokens will be distributed to sale participants between March 7-13. Havven aims to combat one of the biggest problems of cryptocurrencies at the moment: volatility. The Australian blockchain-based solution… Read More

Co-Founder Rafael Cosman: TrustToken Is an Asset Tokenization Platform Backed by Real Assets that Democratize Access Both to Investment Opportunities & Capital

In late January, TrustToken, a global platform for tokenizing fiat currencies and real-world assets backed by Stanford-StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first fiat-backed stablecoin to offer token-holders legally protected certificates of ownership of US Dollars. Co-founded by CTO Rafael Cosman, CEO… Read More

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