Category: Stablecoins
After a Slow Start, Tether Sees Increase in demand for USDT
Celsius clients can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50. Celsius Network is expanding its partnership with fiat-to-crypto installments provider, Simplex, by empowering its clients to purchase more crypto with credit and debit cards.
Read More
Central Bank Digital Currency (CBDC) – An Unshakable Future Governments are Afraid of?
The United States is one of those countries that has been seeing many motions in favor of a CBDC to be implemented as a legal Digital Dollar.
Read More
Vodafone Exits the Libra Association
“Vodafone confirms their exit from the libra association through their representative but it will not stop future cooperations between both parties”.
Read More
Africa’s first stablecoin to be built on Binance’s Blockchain
It was recorded that Nigeria had the 5th highest number of bitcoin transactions in the world. A stablecoin that is naira-backed would give Nigerian and African traders a hedge because the naira transactions are susceptible to challenges like maintenance fees, transaction charges, and a number of other costs.
Read More
A Cryptocurrency Dressed in Fiat’s Skin: The Stablecoin DAI
Although DAI constitutes one of those cryptocurrencies whose market price is pegged to a national currency or to a stable asset, as a decentralized option, DAI is not fiat dressed as crypto, but entirely the oposite.
Read More
Binance’s Latest Initiative: Stablecoins – Rivaling Libra?
Binance’s recent announcement sets Twitter on fire: “This is BIG. Binance is ready to dominate the world with by launching Project “Venus” and Rival Facebook’s Libra”.
Read More
Fiat Money like US-Dollars, Euros or Yens, is not Stable Money
What exactly do central banks do in order to be able to maintain the stability of national currencies such as the US Dollar, the Euro or the Yen?
Read More
Stable Cryptocurrencies Fully Backed by Fiat, are Fiat
There is a type of coin within crypto ecosystems that generate a lot of controversy. They are extremely useful and much like the ideal version of ordinary money: the stable crypto-currencies known as “stablecoins”. However, many holders of cryptocurrencies use stablecoins as if they were something other than fiat money.
Read More