Stablecoins

Stablecoins

Markets

$10 Million in Paxos Stablecoins Printed Overnight Following Tether Allegations

More than 10 million Paxos Standard stablecoins were minted after the New York Attorney General's bombshell allegations about rival issuer Tether.

CoinDesk placeholder image

Markets

MakerDAO Set to Increase DAI Fees Above 15% in Bid to Stabilize Stablecoin

MakerDAO token holders have voted again to increase issuance fees on dollar-backed stablecoin DAI.

euros (2)

Markets

Payments Firm Wirex Launching 26 Stablecoins on the Stellar Blockchain

U.K.-licensed payments platform Wirex is launching 26 fiat-backed stablecoins on the Stellar blockchain network.

coins

Markets

TrustToken Launches AUD-Backed Stablecoin With 3 More to Follow

TrustToken has launched a stablecoin backed by the Australian dollar, with tokens for CAD, HKD and euros to follow soon. 

Australian dollars

Markets

Chainalysis Adds Real-Time Transaction Monitoring for 4 More Cryptos

Blockchain compliance startup Chainalysis has added support for Binance’s native token BNB and three stablecoins to its transaction monitoring tool.

Magnifying glass

Markets

MakerDAO Voters Divided on How Much to Hike Fee for DAI Stablecoin

MakerDAO token holders approved a 3 percent fee increase on the programmatic loan system issuing DAI tokens. Yet token holders appear to be more divided on how high of an increase is warranted for the MakerDAO system.

penny

Markets

Startup Arca Seeks SEC Approval for US Treasury Bond-Backed Stablecoin

Arca Investment Management is seeking approval from the SEC to sell a new type of stablecoin to retail investors.

Bonds, Treasury Bond

Markets

eToro Launches Full Crypto Exchange and 8 Custom Stablecoins

eToro's blockchain subsidiary has launched a regulated cryptocurrency exchange along with eight branded stablecoins.

EToro (CoinDesk Archives)

Markets

Tensions Flare in MakerDAO Community Call Over Transparency Issues

Tough questions were asked Tuesday during a MakerDAO community call about who controls the overseeing organization's finances.

maker-call

Markets

Facebook Said to Be Seeking $1 Billion in Funding for Crypto Project

Social media giant Facebook may be seeking a billion bucks in VC investment for its cryptocurrency project, an NYT reporter says.

facebook