Stablecoins


Tech

Winklevoss Patents Tout Use Case for Gemini Stablecoin Tech in Banking

Banks and other "trusted entities" could become licensed issuers of the stablecoin, the patents suggest.

Cameron and Tyler Winklevoss, Gemini founders (Shutterstock)

Merkado

Tether Says Its Newest Stablecoin Is Backed by Gold in Swiss Vault

Tether is issuing a new stablecoin as ERC-20 and TRC20 tokens, backing their price with one ounce of gold.

fine gold

Merkado

Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association

Telecom giant Vodafone has left the Libra Association, the eighth company to pull out of the Facebook-led digital currency project since the fall.

Diem Association Executive Vice President Dante Disparte

Merkado

Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins

Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.

CoinDesk placeholder image

Patakaran

The Prospect of Building a New International Monetary System Is Getting Real

When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?

WEF

Merkado

Voyager to Offer Interest on Three Newly Listed Stablecoins

Voyager Digital will allow customers to earn interest on tether, USD coin and true USD.

Voyager founder and CEO Steve Ehrlich (right)

Merkado

WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto

WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.

The Massachusetts shilling, c. 1667–1682, image via Metropolitan Museum of Art

Patakaran

Australians Won't Use Libra, Believes Central Bank

Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.

Credit: Shutterstock

Tech

Crypto Trading Privacy Gets a Boost as $15M of Tether Moves to Liquid Sidechain

Innocuous at first glance, the transfer of $15 million worth of USDT from ethereum to Liquid has big implications for the tether market and digital asset trading more broadly.

Blockstream CEO Adam Back

Merkado

Kraken Lists USDC the Day After Binance Drops It for Some Pairs

Kraken, which considers USDC the world's fastest-growing stablecoin, adds it a day after Binance removed certain trading pairs for the stablecoin.

(HFA_Illustrations/Shutterstock)