Tagged: stablecoin

September 10, 2018 @ 7:33 pm By JD Alois  |  

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

August 9, 2018 @ 12:11 am By JD Alois  |  

  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

March 6, 2018 @ 7:16 pm By Erin Hobey  |  

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

March 1, 2018 @ 12:21 pm By Erin Hobey  |  

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

February 20, 2018 @ 12:30 pm By Erin Hobey  |  

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