Tag Archives: stablecoin

Crypto Exchange Huobi to ‘Likely Launch Its Own Stablecoin in 2019,’ Says CFO

Top 5 Cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. 22. During a presentation in Singapore today, Huobi’s CFO said the company will also update its trading platform and continue its international expansion. “2018 brought us huge challenges… Read More »

Blockchain.com Seeks Undisclosed Stablecoin Partnership by End of 2019: Report

Crypto wallet provider Blockchain.com is seeking to partner with an unnamed stablecoin project by the end of 2019, the firm’s CEO Peter Smith revealed in an interview with crypto news agency The Block Jan. 21. Blockchain.com, which reportedly provides 32 million wallets, with most of them active to date, is allegedly considering listing a stablecoin on its platform.… Read More »

Circle Releases Third Audit Report of Stablecoin USDC’s Dollar Reserves

Cryptocurrency finance company Circle has released the third audit attestation of the reserves of its fiat-backed stablecoin, USD Coin (USDC), according to an official statement Jan. 16. The third-party audit of Circle’s United States dollar reserves was issued by independent accounting firm, Grant Thornton LLP. According to the report, as of Dec. 31, 2018 at 11:59 p.m. UTC,… Read More »

Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens

Bitcoin Association Switzerland board member Luzius Meisser says he believes the next wave of crypto innovation will focus on stablecoins and security tokens. Meisser made his remarks during an interview with Cointelegraph’s correspondent during the Crypto Finance Conference in St. Moritz, Switzerland on Jan. 16. Meisser is a computer scientist and economist who co-founded the Bitcoin Association Switzerland… Read More »

Winklevoss Twins Believe Stablecoins, Tokenized Securities Are Future of Crypto Innovation

Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the cryptocurrency trading platform Gemini, have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. The twins made their remarks during an interview on Fortune’s crypto-focused news segment The Ledger on Jan 14. The twins’ air time comes as part of… Read More »

Mongolia Partners With Stablecoin to Use Blockchain for Lending Services, Money Transfers

Mongolia’s capital city of Ulaanbaatar has partnered with a stablecoin company to release instant money transfer and lending services, Asia’s largest tech media platform e27 reported on Jan. 11. Ulaanbaatar City’s administration has agreed to partner with a South Korean blockchain company, dubbed Terra, in order to eventually replace the current payment methods for utility bill and government… Read More »

Circle CEO Says Markets Are Oversold and Some Core Assets In Crypto Market Are Undervalued

While 2018 was a somber year for cryptocurrencies, one company that really stood out in terms of expansion and development is Goldman Sach’s backed Fintech start-up Circle. To answer key questions about the company and to spell out the company’s outlook for 2019, CEO Jeremy Allaire and President of Product and Operations, Sean Neville started the ‘Ask Me… Read More »

Bitpay Opens Multi-Cryptocurrency Settlement For Long Awaiting Merchants

One of the leading Bitcoin payment service provider, Bitpay has announced ‘multi-cryptocurrency settlement’ for Bitpay merchants. According to the official report, Bitpay merchants can now settle their payments in Bitcoin, Bitcoin Cash, and three stablecoins, namely FUSD, USDC, and PAX. A Note from the official announcement via Bitpay’s blog Now we’re happy to share a new improvement: merchants… Read More »