Stablecoins

Stablecoins

Tech

Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple's David Schwartz

Ripple CTO Schwartz said a feature is being developed to allow asset-backed tokens to be minted on the platform.

Ripple Chief Technology Officer David Schwartz

Finance

Binance and Others Are Rushing to Provide Stablecoins to Nigerian Crypto Users

Here's how crypto exchanges are on-boarding unbanked users in Nigeria.

Binance Business Manager Emmanuel Babalola (second from left) at a crypto workshop with traders in Nigeria. (Photo courtesy of Binance)

Finance

Libra Minus Facebook: Why Celo Is 2020's Buzzy Token Project

With $30 million from Polychain and a16z, here's how the buzzy Celo plans to rival Libra on financial inclusion.

cLabs staffers at a quarterly offsite in San Francisco. (Courtesy photo)

Policy

Circle Founder: Digital Currencies at Key Growth Moment as Governments Take Notice

Jeremy Allaire sees governments and industry finally taking blockchain seriously. That's a big deal.

Circle Jeremy Allaire

Markets

Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools

Tether is using Chainalysis' "Know Your Transaction" tool to create risk profiles for USDT users and monitor potentially suspicious activity.

(Shutterstock)

Markets

Joint Venture Launches Canadian Dollar-Pegged Stablecoin for Financial Services

Canada Stablecorp, a joint venture between Mavennet and 3iQ, has begun issuing its QCAD stablecoin in a bid to digitize financial services such as international remittances.

Canadian dollars

Tech

Winklevoss Patents Tout Use Case for Gemini Stablecoin Tech in Banking

Banks and other "trusted entities" could become licensed issuers of the stablecoin, the patents suggest.

Cameron and Tyler Winklevoss, Gemini founders (Shutterstock)

Markets

Tether Says Its Newest Stablecoin Is Backed by Gold in Swiss Vault

Tether is issuing a new stablecoin as ERC-20 and TRC20 tokens, backing their price with one ounce of gold.

fine gold

Markets

Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association

Telecom giant Vodafone has left the Libra Association, the eighth company to pull out of the Facebook-led digital currency project since the fall.

Diem Association Executive Vice President Dante Disparte

Markets

Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins

Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.

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