Tagged: stablecoins

September 3, 2021 @ 9:56 am By Omar Faridi  |  

YouHodler, a Fintech platform that assists consumers with accessing the benefits of the fast-evolving crypto economy, has reportedly integrated with Fireblocks, a digital asset custody, transfer and settlement platform. Through the partnership, YouHodler will be leveraging Fireblocks for cryptocurrency transactions management and integrations with several… Read More

September 2, 2021 @ 12:48 pm By Omar Faridi  |  

First DAG, which has created global virtual payment platform as a service, reveals that Diem Association’s Technical Steering Committee (TSC) has appointed its CTO, Daniel Prinz, as an official Maintainer of the Diem blockchain, which is a distributed, programmable database developed to act as the… Read More

August 28, 2021 @ 12:22 pm By Omar Faridi  |  

Beginning on Friday, August 27, 2021, COTI (COTI) will be available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase clients are now able to trade, send, receive, or store COTI in “most Coinbase-supported regions, with certain exceptions” (certain jurisdictions excluded due to… Read More

August 26, 2021 @ 11:26 am By Omar Faridi  |  

Celsius, the international digital currency earning and borrowing platform, recently revealed that it’s now managing $20,366,621,718 in crypto-assets as of August 13, 2021. Celsius carried out its quarterly internal audit using tech provided by third-party blockchain analysis company, Chainalysis, and using an internally developed methodology… Read More

August 20, 2021 @ 11:39 am By JD Alois  |  

Circle is a Fintech that is best known for its dollar-based stablecoin, USDC, that has grown rapidly in recent months. Today, USDC is the second most popular stablecoin following Tether, with a market cap of over $27 billion. While about half the size of Tether… Read More

August 18, 2021 @ 6:00 pm By Omar Faridi  |  

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

August 13, 2021 @ 8:21 am By Omar Faridi  |  

Immunefi, the cryptocurrency bug bounty and security services platform that protects more than $25 billion in users’ funds, is establishing the Immunefi Security Core Unit (CU), which is a contracted team within the Maker ecosystem. According to a release shared with CI, the team will… Read More

August 7, 2021 @ 10:57 am By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, has shared their August Market Outlook report, titled, The Final Crypto Adoption Frontier. Bitcoin or BTC adoption as an investment asset began with what is “often characterized as ‘retail’ (smaller… Read More

August 6, 2021 @ 11:18 am By Omar Faridi  |  

Celsius has secured the backend pricing of crypto-assets using Chainlink, which is considered a major leap in CeFi “decentralization.” As stated in the update from Celsius: “In one of the most ambitious moves towards decentralization, Celsius is now leveraging the industry-leading Chainlink Price Feeds to… Read More

August 4, 2021 @ 9:19 pm By JD Alois  |  

Circle, creator of dollar-based stablecoin USDC, has partnered with blockchain domain name provider Unstoppable Domains to offer easily readable usernames for stablecoin payments. Circle, which recently raised $440 million notes that USDC is the world’s fastest-growing dollar digital currency with a market cap of more… Read More

August 3, 2021 @ 11:09 am By Omar Faridi  |  

The team at BlockFi, a company that allows users to earn interest and offers services including purchasing Bitcoin (BTC), borrowing USD, while growing their wealth. notes that they’re pleased to confirm that the “world’s first” Bitcoin rewards credit card is now available to all “eligible… Read More

July 29, 2021 @ 9:08 am By Omar Faridi  |  

Curve Finance, an automated market maker protocol developed for swapping between stablecoins and various other crypto tokens with low fees and slippage, reveals that it will be supporting Tether tokens pegged to the euro (EURt). The addition of EURt to Curve — a protocol developed… Read More

July 27, 2021 @ 11:47 pm By Omar Faridi  |  

William Callahan, Director of Government & Strategic Affairs at Blockchain Intelligence Group,  has noted that Tether CTO and General Counsel had made an appearance live on CNBC last week. William has asked us whether we think the U.S. Department of Justice was watching this “slow… Read More

July 26, 2021 @ 8:23 pm By Omar Faridi  |  

C.R.E.A.M. Finance, a decentralized lending protocol, has revealed that it will be “the first” protocol in the decentralized finance (DeFi) space to provide a Euro-backed stablecoin in, “with the addition of Tether tokens pegged to the euro (EURt).” Paolo Ardoino, CTO at Tether Operations Limited,… Read More

July 20, 2021 @ 10:23 am By JD Alois  |  

Yesterday, the U.S. Presidents Working Group (PWG) on Financial Markets met to discuss stablecoins with an expectation of a recommendation in the coming months. The meeting was convened by the Secretary of the Treasury Janet L. Yellen. According to a readout distributed by Treasury, during… Read More

July 19, 2021 @ 9:19 pm By Omar Faridi  |  

Fuse Network, a blockchain or DLT infrastructure supporting mobile payments, reveals that it has teamed up with ICHI in order to empower any community to “fully control its own money.” As mentioned in an update shared with CI: “Fuse Network has grown quickly by lowering… Read More

July 19, 2021 @ 6:14 pm By Omar Faridi  |  

The team at global Fintech Circle, which will go public in a $4.5 billion SPAC deal, notes that the promise of decentralized finance (DeFi) is to transform or fundamentally improve financial services by offering greater transparency, security, and community governance by leveraging blockchain or distributed… Read More

July 17, 2021 @ 9:31 pm By Omar Faridi  |  

Binance USD, a major stablecoin issued by crypto exchange Binance, has reached its $10B market cap milestone and has entered the top 10 digital currency rankings, the company confirmed in a blog post on July 15, 2021. Binance USD has already exceeded $11 billion in… Read More

July 17, 2021 @ 10:34 am By Omar Faridi  |  

The team at YIELD App, the developers of a fast-growing wealth management platform for digital assets, has published their second progress report – which reveals that users for their app have doubled while assets have increased by 3x since the last update. The YIELD App… Read More

July 16, 2021 @ 6:49 pm By Omar Faridi  |  

Digital currency exchange platform Liquid Group, Inc. and the Stellar Development Foundation (SDF) have revealed that Stellar USDC, a major stablecoin, is now available to Liquid’s exchange clients. Liquid is adding multi-chain support for USDC by expanding its products into a Stellar-enabled version. By bringing… Read More