Tag: stablecoin
BitBay Offers up a “Rolling Peg” as a Next Step for Stable Coins
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 Purchases First Stake in Only Functional Decentralized Stablecoin
a16z Crypto has purchased $15 million of the MKR token supply, backing MakerDAO’s Dai stablecoin.
Stablecoins – The Holy Grail of Cryptocurrencies
Can stablecoins help to quell crypto volatility?
New Stable Cryptocurrency Network From Kowala Might Eliminate 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 Becomes First with Hardware Wallet Support
Kowala's stablecoin is the first to offer Ledger hardware wallet support, helping owners have more control over their coins.
MakerDAO and Wyre Join Forces to Take Volatility Out of Cryptocurrencies
Fast, secure and compliant bridge converts fiat currencies directly to the Dai stablecoin.
STASIS Launches EURS Stablecoin for European Investors
Blockchain investment platform STASIS has officially launched its EURS stablecoin, a move that's likely to attract curious institutional investors throughout the European Union.EURS, like...
Tether Double-Spending Scare Renews Transparency Concerns
This week, the US Dollar-pegged stablecoin is back in the limelight with a Chinese cybersecurity company reporting an alleged double-spending vulnerability. There are currently...