Tagged: usd

Digital Dollar Team: COVID-19 Socio-economic Crisis Is a “Call to Action” for Fintech to Address “Persistent Deficiencies” in Money Distribution

The developers of the Digital Dollar project have published a detailed whitepaper that outlines the steps required for the US to issue its own virtual currency. As confirmed in the paper, the Digital Dollar Project is being developed with the assistance of the Digital Dollar… Read More

Cryptocurrency Lending & Borrowing Platform Celsius Network Surpasses 100,000 Active Users; Now Offering Cash Loans at 1% APR As Part of COVID-19 Relief Efforts

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it is offering borrowers USD and stablecoin loans against their cryptocurrency assets at just 1% APR as part of its COVID-19 relief efforts. The platform also revealed that it has surpassed 100,000 active users…. Read More

Universal Protocol Alliance Announces Listing of USD, EURO Stablecoins, and UPT on Bittrex Global

The Universal Protocol Alliance, a group of leading blockchain companies including Bittrex Global, Brave, Blockchain at Berkeley, Uphold, Cred and CertiK, announced on Thursday the listing of three tokens on Bittrex Global: the Universal Dollar (UPUSD), The Universal Euro (UPEUR), and the Universal Protocol Token… Read More

Bitfinex Opens Margin Trading For USDT/USD Pair

Bitfinex, a digital asset trading platform, announced last week it has opened margin trading for USDT/USD pair to improve its stablecoin offering in line with market evolution and consumer demand. The platform revealed in a blog post: “At Bitfinex we work tirelessly to ensure our platform… Read More

Circle Launches USD Coin

Alexander Hamilton Money Dollars USD

Boston-based Circle announced on Wednesday the launch of its USD coin. Circle reported that it and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet, which is USD//Coin, also known as USDC. Circle previously announced plans… Read More

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