The issuer of the stablecoin Tether has not provided a definitive answer on whether or not it will cease support for the Tron network, after rival Circle stopped minting its stablecoin on the blockchain on Tuesday.
In a statement, Tether stated: “Tether tokens are issued on several blockchains,…
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Coinbase will charge fees on large USDC changes
Coinbase, the US exchange with global reach, announced that it will apply new fees to institutional clients who exchange dollars for the stablecoin USD Coin (USDC), provided they are dealing with large-volume transactions.
The Coinbase…
Tether has enough backing for its USDT
Howard Lutnick, chief executive of Cantor Fitzgerald, a US financial services company, spoke about the reserves of Tether's USDT stablecoin, stating that the cryptocurrency is adequately backed by liquid assets.
During an interview with…
Coinbase partners with Yellow Card to boost its business in Africa
The leading cryptocurrency exchange, Coinbase, has formalized a strategic partnership with the African company Yellow Card, with the aim of expanding its services to 20 countries on the continent. The partnership, focused on expanding…
Germany works on a stablecoin linked to the euro
Germany advances in the field of cryptocurrencies. Recently, Deutsche Bank joined crypto fund manager Galaxy Digital in working with Dutch market maker Flow Traders Ltd. to launch a euro-pegged stablecoin.
The three partners have worked on…
Venezuela had the first graduation of Cryptoactive Technicians
Last week the graduation of the first class of students of the "Technical Consultant Diploma in Cryptoactives" from the Universidad Panamericana del Puerto (UNIPAP) was celebrated in Venezuela.
As indicated by the rector of the…
Scientists design a stablecoin backed by electricity
Scientists Maxwell Murialdo and Jonathan L. Belof, from the Lawrence Livermore National Laboratory in California, confirmed the design of a stablecoin that they have called Electricity Stablecoin (E-Stablecoin) and that would transmit…
Tether stands out as an instrument of financial freedom
The current CTO of Bitfinex, Paolo Ardonio recently stated that the Tether currency is a stablecoin that improves what Bitcoin offers, because it manages to hold up in times of volatility.
This peculiarity is very useful, especially in…
Tether launched a new stablecoin pegged to the Mexican peso
Tether launched its fourth stablecoin called MXNT, linked to Mexico's legal tender, the peso, with the purpose of providing users with a "reserve of value" for new markets in Mexico.
Through a press release, the firm explained that among…
Mitsubishi UFG bank launches progmacoin stablecoin
Mitsubishi UFJ (MUFG Bank) financial institution launched progmacoin, a blockchain-based stablecoin that is pegged to the Japanese yen. The bank entered into an alliance with Japan's SBI Group and Daiwa Securities for the purpose of instant…
Paypal works on the issuance of its own stablecoin
The online payment platform Paypal, announced through the senior vice president of cryptocurrencies that it is working on the issuance of its own stablecoin.
José Fernández da Ponte indicated that the platform is making all the necessary…
SEBA Bank launches token backed by physical gold
The digital asset banking platform SEBA Bank, fully integrated into the Swiss financial market regulatory body since 2019, launched its Golden Token.
The digital token is regulated to make investments and deliver physical gold on demand,…