Stablecoins
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.
Now There's a Canadian Dollar-Pegged Stablecoin on the Way
Toronto-based cryptocurrency exchange Coinsquare is launching a stablecoin pegged 1:1 to the Canadian dollar.
A16z-Backed TrustToken Launches Stablecoin Pegged to UK Pound
Cryptocurrency startup TrustToken has launched its second stablecoin – and this time it's a token pegged 1:1 to the British pound.
Bittrex-Backed Euro Stablecoin Can Be Staked for 8% Interest
A group of blockchain firms called Universal Protocol Alliance is launching a euro-pegged stablecoin that can be staked to earn annual returns.
$5 Million in MakerDAO Loans Have Been Liquidated, But Help Is on the Way
A new tool called CDP Saver is being tested that could soon make MakerDAO loans less risky.
MakerDAO Votes to Increase Fees 4% on Ethereum Stablecoin DAI
Users of the dollar-backed stablecoin DAI have staked MakerDAO governance tokens in favor of supporting a 4 percent raise to stablecoin fees.
Facebook Seeks Counsel to Forge Blockchain Partnerships for New Products
Facebook is looking to hire a lead commercial counsel for blockchain to negotiate "partnerships needed to launch new products."
IBM Signs 6 Banks to Issue Stablecoins and Use Stellar's XLM Cryptocurrency
Six banks have signed up to issue stablecoins through World Wire, an IBM network built on the Stellar blockchain.
MakerDAO Weighs Fourth Fee Hike as DAI Stablecoin Remains Below $1
MakerDAO token holders could soon be voting on another proposal to increase fees on the loans that issue new holdings of the stablecoin DAI.
Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone
Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.
