Category: Stablecoins

USDtz to enable private stablecoin transactions on Tezos (XTZ)

Prelude – zkChannels – a layer 2 scaling solution from Bolt Labs building on Tezos, will enable private transactions for USDtz and the whole StableTez token family. This means USDtz will become the first stablecoin to enable private transactions through the use of zkChannels and on-chain privacy amendments. The Haven Protocol, a Monero-based protocol was…

February 12, 2021
Banks Likely to Adopt Stablecoins Cautiously Despite Guidance

Banks face a stablecoin conundrum: Build their own projects, with all the overhead that implies, or work with well-placed existing providers.

February 11, 2021
MasterCard announces support for crypto on its network

MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported.

February 10, 2021
StablyUSD (USDS) stablecoin comes to Tezos blockchain

Fintech company Stably has launched USDS, its USD-backed stablecoin that had previously been issued on Ethereum, on the Tezos blockchain, according to an announcement shared with CryptoSlate today. “The decision to issue USDS on Tezos was prompted by high and rising gas costs on Ethereum. In contrast, Tezos has a built-in upgrade mechanism that allows…

February 10, 2021
Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said.

February 5, 2021
Stablecoin Tether gets minted on Solana blockchain for the first time

The USD pegged stablecoin has been minted on the high-speed blockchain months after announcing Solana as an issuer. USDT comes to Solana Tether, the US dollar-pegged stablecoin, has just been minted on the Solana blockchain, data from its blockchain explorer showed. The move came months after Solana was chosen to be an issuer of USDT.…

February 3, 2021
The Block Founder Mike Dudas Takes Stablecoin Role at Paxos

The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos’ white-labeled stablecoin business.

February 3, 2021
The Block Founder Mike Dudas Takes Stablecoin Role at Paxos

The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos’ white-labeled stablecoin business.

February 3, 2021
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs

Buying in these stablecoins may foretell where the crypto market is going.

February 2, 2021
USDC on exchanges doubled in January while Tether’s dominance fell to new lows

USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever.

February 1, 2021