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Friday, January 22, 2021

Stablecoin

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Raiffeisen Bank to connect its stablecoin project to multiple blockchains

The blockchain interoperability tool will prevent RBI Coin from being restricted to one blockchain. Per Raiffeisen Bank’s Christian Wolf, this move will introduce flexibility for...

Paxful exchange adds support for stablecoin BiLira (TYRB)

Global P2P crypto exchange, Paxful, recently announced adding support for BiLira. The stablecoin backed by Turkish lira can now be used for buying Bitcoin and...

Stablecoin regulation can be U.S’s masterplan against China’s E-Yuan

The importance of this current week has been fairly downplayed. Years down the line, the global payments system might look back at this particular...

Yearn Finance shuns governance token with new stablecoin lending protocol

Popular decentralized finance (DeFi) platform Yearn Finance has announced a new lending protocol dubbed StableCredit. StableCredit combines tokenized debt stablecoins, lending, and single-sided automated market...

Stablecoin market cap increases by $100M every single day

The rise of DeFi protocols and the demand for tokens in liquidity pools may be contributing to a huge surge in the supply of...

Circle, Coinbase announce USDC stablecoin update

Circle, a peer-to-peer technology that enables payments in cryptocurrency and San Fransisco based exchange Coinbase announced that they have upgraded the USDC stablecoin protocol...

Stablecoin metric hints Bitcoin price will rise as buyers snap up BTC

Bitcoin (BTC) at $11,400 is ripe for a fresh price surge thanks to stablecoin investors buying up cheap coins, data suggests. Highlighting the latest readings...

China’s Blockchain Service Network to launch stablecoin support in 2021

China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin support in 2021. Yifan He, CEO of Red Date Technology, a...

No, XRP isn’t Competing with Stablecoin or CBDCs

XRP isn’t Competing with Stablecoins or CBDC XRP, the third-largest crypto asset, is currently struggling to hit $30. Besides having the major market cap, XRP...

Good Stablecoin Rules in the EU Pave the Way for CBDCs and a Digital Euro

While Facebook’s Libra project might have shaken the United States government the most, the aftershocks were felt all over the world. The European Union...
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