3 August 2021, BVI — DeversiFi, a Layer 2 Decentralized Finance (DeFi) trading platform powered by StarkWare’s scalable technology, launches
We recently discussed stablecoins as a cryptoeconomic primitive that may prove the key to cryptocurrency adoption. Stablecoins, by definition, are aimed at being as stable as possible. This is usually achieved by pegging the value to a fiat asset, such as the US Dollar.
The cryptocurrency exchange BitBay adds to the stablecoin offering by introducing their own pegged coin. In contrast to other attempts at stablecoins, BitBay promises to return power over coin value to the user.
a16z Crypto has purchased $15 million of the MKR token supply, backing MakerDAO’s Dai stablecoin.
Can stablecoins help to quell crypto volatility?
Crypto market volatility is a major reason for slow cryptocurrency adoption. There are stablecoin projects that are trying to eliminate this; however, they have certain limitations. Kowala is launching their stablecoin network, pegging it against USD, with automated minting and burning of coins.
Kowala’s stablecoin is the first to offer Ledger hardware wallet support, helping owners have more control over their coins.
Fast, secure and compliant bridge converts fiat currencies directly to the Dai stablecoin.
Blockchain investment platform STASIS has officially launched its EURS stablecoin, a move that’s likely to attract curious institutional investors throughout
This week, the US Dollar-pegged stablecoin is back in the limelight with a Chinese cybersecurity company reporting an alleged double-spending