Stablecoins


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Facebook Plans Cryptocurrency Launch in First Half of 2019: NYT Report

A report from the New York Times says plans to launch a cryptocurrency product in the first half of 2019.

facebook

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Blockchain Sleuthing Startup Chainalysis Raises $30 Million

The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.

(Evannovostro/Shutterstock)

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Winklevoss Exchange Gemini Shuts Down Accounts Over Stablecoin Redemptions

OTC traders tell CoinDesk that crypto exchange Gemini is limiting access to redemptions of its GUSD stablecoin.

WT

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Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Bermuda

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Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

View of the Azadi Tower. Tehran, Iran.

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A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation.

US-NBN-CA-San_Francisco-1741-1870-5-6758-B

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Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.

bitcoin and yen

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Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor's Report

Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton.

cbusdc

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Genesis, BitGo Team Up to Ease Crypto Trading for Institutions

BitGo and Genesis Global Trading are targeting Wall Street institutions with a new high-speed crypto trading service.

BitGo CEO Mike Belshe

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Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

Here's why several stablecoins saw sudden bursts of activity over the past three months.

game of thrones