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Circle and Coinbase Launch Their Joint Stablecoin USDC

Two of the largest companies in the cryptocurrency space, Circle and Coinbase, have joined forces to establish their own stablecoin, the USDC, or USD Coin. The tech startup companies are calling their joint venture the ‘CENTRE Consortium,’…
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Tether Market Cap Now Sub-$2 Billion as Coinbase Joins Stablecoin Sprint

Tether (USDT), the controversial USD-backed cryptocurrency that has long been the most popular “stablecoin,” continues to shed market share in the wake of its descent below dollar parity. Tether Market Cap Drops to January Low The tether…
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Coinbase Just Added Its First Stablecoin

Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin…
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Third Largest Crypto Exchange Huobi Opens Deposits for New ‘Stablecoin Solution’ HUSD

Singapore-headquartered cryptocurrency exchange Huobi announced the creation of what it calls a “stablecoin solution” in a blog post Friday, Oct. 19. Set to go live from Friday, the project, known as HUSD, will consist of Huobi’s own…
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Crypto Project Carbon Launches Stablecoin CarbonUSD

Crypto project Carbon is launching its own stablecoin called CarbonUSD. According to its website: “Carbon is a price-stable cryptocurrency that is creating a more efficient and inclusive global economy.” The coin will be based on the…
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Controversial Stablecoin Tether Issues New Batch of USDT Tokens Worth $50 Million

Tether (USDT) has issued new tokens worth $50 million on August 11, according to block explorer OmniExplorer. In late March, Tether had released 300 mln USDT tokens priced at $1 per token. Over the past 30 days, Tether’s market capitalization…
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IBM Backs ‘Stablecoin’ Stronghold USD for Fast and Secure Financial Payments

IBM is exploring the use of a ‘stablecoin’ to facilitate fast and secure payments within the financial services sector. The tech giant has teamed up with institutional asset management platform Stronghold, which is federally insured…
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New Stablecoin Backed by the Euro, EURS

A Malta-based company Stasis has launched a new stablecoin called EURS. EURS is backed by the Euro and should trade on a one-for-one basis. The coin has been built on the Ethereum EIP-20 standard platform and has already begun trading on London-based…
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Security Firm Identifies Potential Tether (USDT) Double-Spend Bug

SlowMist, a Chinese cybersecurity firm, has recently pointed out a transaction that should have some worried, as the user managed to double the value of 694 USDT. SlowMist: User On Thursday, a blockchain centric cybersecurity firm, issued a…