Two crypto companies, Gemina Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U.S. dollar.
Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U.S.
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM.
Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. Similar to Tether, EURS is fiat-collateralized. Each stablecoin unit is backed by a corresponding unit of Euro.
There is substantial controversy surrounding Tether: Is the cryptocurrency that claims to be pegged to the U.S. dollar actually fully backed? And can it be used to manipulate the price of bitcoin?
The Circle USD Coin (USDC) will be backed one-to-one by the U.S. dollar with the fiat to be stored in an auditable bank account and redeemable by verified buyers.
Bittrex, a U.S.-based cryptocurrency exchange, has issued a trading pair between tether (USDT) and TrueUSD (TUSD), two stable tokens pegged to the U.S. dollar....
TrustToken has launched trading for TrueUSD, “the first independently verified asset-backed stablecoin on the market that fixes its value to the U.S. Dollar.” TrueUSD...
