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Tag: stablecoin

Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem

April 6, 2021 wp-bot Bitcoin News

The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the

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Indian IT giant Tech Mahindra to launch stablecoin tool for banks

April 6, 2021 wp-bot Cointelegraph

Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in January.

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Fei Protocol genesis locks up $1 billion in ETH, but LPs could face losses

April 5, 2021 wp-bot Cointelegraph

Despite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon.

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Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities

April 1, 2021 wp-bot Bitcoin News

The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or

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UK authorities to focus on stablecoin regulations to prevent monopolies

March 30, 2021 wp-bot Cointelegraph

British regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country.

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Visa Picks Ethereum Over Facebook Libra to Settle Payments; ETH/USD Up

March 29, 2021 wp-bot News BTC

Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which

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