Tag: stablecoin

  • Altcoins

    Peer Stablecoins are Showing 10% Premium against a Weak Tether

    A mass exodus from the most popular dollar-pegged stablecoin Tether (USDT) has led to its devaluation against peer stablecoins. USDT on Monday broke away from its historically tight link with the US Dollar to touch 85 cents across multiple crypto-exchanges. As a result, a substantial USDT volume shifted...

    Davit Babayan | October 15, 2018 | 2:18 pm
  • japan banks
    Crypto

    Japan’s GMO Internet Group Announces Yen-Backed Stablecoin

    Japanese internet giant GMO has just announced plans to launch a new stablecoin backed by the Yen. The new coin will be called GMO Japanese Yen and is expected to arrive at some point in 2019. The company is already invested in mining hardware and cryptocurrency exchange businesses,...

    Ali Raza | October 10, 2018 | 2:00 pm
  • metals
    Altcoins

    Metal-Backed Tiberius Coin ICO Put on Hold Due to High Credit Card Fees

    This Tuesday, Tiberius Technology Ventures temporarily halted sales of its metals-backed digital currency Tiberius Coin. The firm plans to refund $1 million to investors due to high credit card fees that it said made the project unworkable. Tiberius Coin Explained In January of this year the concept first...

    Thomas Delahunty | October 10, 2018 | 10:00 am
  • Circle
    Altcoins

    Circle Launches New “Trustworthy” Stablecoin, Could This Be the Tether Killer?

    Boston-based Circle Internet Financial Ltd., creator of the popular retail crypto trading app Circle Invest, has announced that it’s following the lead of other exchanges by launching its own U.S.-dollar backed stablecoin. USD Coin: Circle Introduces New Dollar Backed Stablecoin The Goldman Sachs-backed Circle announced the move just...

    Tony Spilotro | September 26, 2018 | 3:00 pm
  • ethereum casper
    Ethereum

    Ryan Sean Adams Counters Ethereum FUD With Success of Maker

    As Ethereum faces intense pressure from bearish market forces, a number of distinctive faces within the cryptocurrency community have been making comments to counter the overall FUD (fear, uncertainty, doubt) sentiment seen in September. Ryan Sean Adams, the founder of crypto asset investment company MythosCapital, took to Twitter...

    Ricardo Esteves | September 14, 2018 | 7:30 am

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