Category: Stablecoins
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Asia Ripe for Stablecoin Adoption in 2019
Following the aftermath of 2018’s price drop—which saw the value of Bitcoin below 80 percent of the value from its all-time high—stablecoins are looking to become a more attractive crypto solution this year, particularly in the Asia-Pacific Region. As we begin the new year, it’s important for us to take stock of the stablecoin landscape,…
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Chatter Report: Luke Says Segwit Harmful to BTC, Baker Explains Stablecoin Regulation
In today’s roundup of crypto chatter, Luke Dash Jr. voices concerns that segwit is bad for BTC because it leads to centralization. Also, Brad Mills shares his insight after using Cointext. Lastly, Lawson Baker, Blake Moore and Andreas Brekken discuss how regulation affects stablecoins. Also read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in…
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Stable Coins: Are They All Hype?
With cryptocurrency’s inherent uncertainty, users are searching for something that could bring back much-needed stability and mitigate price fluctuations. In the search, one concept continues to gain traction: stable coins. These are undoubtedly tough times for cryptocurrency investors. Digital monies have always been volatile investments, and it is certainly a continuing trend. More than 40…
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The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in Colombia
How cryptocurrency can help the unbanked has been a hot topic over the past 12 months. It is a laudable goal, but one that it is by no means easy to accomplish. One tech enthusiast and stablecoin startup employee, Steven Gilbert, experienced the struggles – and successes – of attempting to do so when he…
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The Daily: Binance Adds Stablecoin Pairs, Tzero Patents Integration Platform
Cryptocurrency exchange Binance is opening trading for three stablecoin pairs. Also in Tuesday’s Daily, Overstock’s Tzero has patented a solution to integrate traditional and cryptocurrency trading systems, Morgan Creek founder Jason Williams offers his Lamborghini for bitcoin, and in Brazil, crypto investors are looking to buy vaults to safely store their digital assets. Also read:…
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The Next Big Thing or a Total Monstrosity? Four Experts Weigh in on Stablecoins
Stablecoins have long divided opinion in the crypto community, with some believing they’re needed to gradually convert the masses away from fiat, whereas others have grave concerns about these dollar-pegged assets. Four experts – Gabriel Cardona, Roger Ver, Miko Matsumura, and Vin Armani – recently shared very different stablecoin opinions on the Bitcoin.com podcast. Also…
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Japan’s Second Biggest Bank Launching Yen-Pegged Stablecoin in March 2019
Mizuho Bank, Japan’s second largest financial institution, is readying the infrastructure for a stablecoin launch in March 2019, as reported by Asia Nikkei Review. The coin is aimed at increasing low-cost cross-border transfers and remittances. Moving towards Crypto-Finance Mizuho plans to promote cashless payments in Japan by deploying its offering across retail stores for feeless-transactions,…
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New Evidence Suggests Tether Does Not Have the Dollar Reserves It Claims
Reports from the Central Bank of the Bahamas indicate that Tether Ltd. may have never deposited funds into the country. These findings could suggest that Tether may be holding their reserves elsewhere, or not have any reserves at all. In either case, the results could be catastrophic for the cryptocurrency markets. Investors have become increasingly…
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Seven Cryptocurrency Trends to Look out for in 2019
Another year is coming, filled with fresh optimism and newfound determination to make 2019 the year when cryptocurrencies take over. Having gotten their calls badly wrong for 2018, so-called experts will be hesitant to make bullish price predictions for 2019. That’s probably for the best since there are far more interesting things to focus on…
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Bitfinex Has Enabled Margin Trading for Tether?
Strangely enough, the cryptocurrency exchange Bitfinex has introduced margin trading for Tether’s controversial stablecoin, USDT. The purpose of USDT is to trade at parity with the dollar, providing the stability of the dollar with the utility of a cryptocurrency. In an unusual announcement, Bitfinex has introduced a feature to enable margin trading, the process of…