Stablecoins

Stablecoins

Merkado

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Bermuda

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Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

View of the Azadi Tower. Tehran, Iran.

Merkado

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation.

US-NBN-CA-San_Francisco-1741-1870-5-6758-B

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Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.

bitcoin and yen

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Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor's Report

Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton.

cbusdc

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Genesis, BitGo Team Up to Ease Crypto Trading for Institutions

BitGo and Genesis Global Trading are targeting Wall Street institutions with a new high-speed crypto trading service.

BitGo CEO Mike Belshe

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Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

Here's why several stablecoins saw sudden bursts of activity over the past three months.

game of thrones

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Pablo Escobar's Brother Says New Crypto Will Fund 'Impeach Trump' Effort

The brother of deceased drug lord Pablo Escobar has launched a cryptocurrency apparently targeting the impeachment of President Trump.

trump, president

Merkado

Crypto Derivatives Exchange Spins Off From Coinfloor, Plans Stablecoin Futures

CoinfloorEX, a bitcoin futures market, has been spun off from its parent company and will relaunch next month with a stablecoin futures product.

Credit: Shutterstock

Merkado

Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer

Vaishali Mehta, a senior compliance manager at Coinbase from November 2017 to November 2018, has joined TrustToken as head of compliance.

Coinbase