Stablecoin
Top Articles from Nivesh
digital dollar stablecoin
Stablecoin News
digital dollar stablecoin
Stablecoin News

Why Stablecoins Are Not True Cryptocurrencies: Analyst

Nivesh Rustgi 2 days ago

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

After Ethereum Fees, Stablecoins Shadows Bitcoin [BTC] Transactions for the First Time

Nivesh Rustgi June 25, 2020

Data analytics portal, Coinmetrics, reveals that the daily transaction value surpassed Bitcoin for the first time in history. The last 7-days adjusted value of stablecoin transfers is $2.1 billion, while that of Bitcoin is $1.9 billion. The rise of stablecoins continues, this time with the adjusted daily transaction value (7 day average) surpassing that of

Data analytics portal, Coinmetrics, reveals that the daily transaction value surpassed Bitcoin for the first time in history. The last 7-days adjusted value of stablecoin transfers is $2.1 billion, while that of Bitcoin is $1.9 billion. The rise of stablecoins continues, this time with the adjusted daily transaction value (7 day average) surpassing that of

bitcoin-japan-stablecoin
Stablecoin News
bitcoin-japan-stablecoin
Stablecoin News

First Japanese Yen Backed Stablecoin Launched on the Liquid Network

Nivesh Rustgi June 10, 2020

Crypto Garage, a subsidiary of the Japanese IT giant Digital Garage launches the first-ever Yen backed stablecoin. The stablecoin has been launched on, SETTLENET, a crypto assets settlement platform to provide access to the Japanese OTC crypto market.  SETTLENET is a non-custodial crypto-asset OTC settlement application built on top of the Liquid Network. The Liquid Network

Crypto Garage, a subsidiary of the Japanese IT giant Digital Garage launches the first-ever Yen backed stablecoin. The stablecoin has been launched on, SETTLENET, a crypto assets settlement platform to provide access to the Japanese OTC crypto market.  SETTLENET is a non-custodial crypto-asset OTC settlement application built on top of the Liquid Network. The Liquid Network

craig sellars tether founder
Stablecoin News
craig sellars tether founder
Stablecoin News

Tether Founder Shares How Goldman Sachs Shrugged off USDT Back in 2015

Nivesh Rustgi May 28, 2020

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Altcoin News
Altcoin News

Justin Sun Takes on the Stablecoin Industry with New USD-pegged TRX Token

Casper Brown May 7, 2020

TRON is now a bonafide decentralized finance (DeFi) platform following the launch of JUST— a decentralized lending app that issues the dollar-pegged USDJ stablecoin in return for TRX coins. TRON Moves into DeFi With Stablecoin Issuance Platform JUST is a new platform launched by the JUST foundation and is designed to enable TRX holders to

TRON is now a bonafide decentralized finance (DeFi) platform following the launch of JUST— a decentralized lending app that issues the dollar-pegged USDJ stablecoin in return for TRX coins. TRON Moves into DeFi With Stablecoin Issuance Platform JUST is a new platform launched by the JUST foundation and is designed to enable TRX holders to

bitcoin usdt balance signal a bull run
Bitcoin News
bitcoin usdt balance signal a bull run
Bitcoin News

Bitcoin [BTC] and USD Tether Balance on Exchanges Signal a Bull Run: Analyst

Nivesh Rustgi April 28, 2020

The total supply of stablecoins has sky-rocketed to the $9 billion mark, effectively surpassing the total market capitalization of XRP at $8.7 billion. The increase in USDT (Tether) volume has been particularly strong, with 54% supply surge since March. The total supply issued to Tether has increased to $7.516 billion. This is been by far the

The total supply of stablecoins has sky-rocketed to the $9 billion mark, effectively surpassing the total market capitalization of XRP at $8.7 billion. The increase in USDT (Tether) volume has been particularly strong, with 54% supply surge since March. The total supply issued to Tether has increased to $7.516 billion. This is been by far the

Bitcoin gold
Stablecoin News
Bitcoin gold
Stablecoin News

Analysts on How Facebook and the US Congress are Promoting Cryptocurrency

Nivesh Rustgi April 17, 2020

Facebook revamps its model for Libra as it outlines new plans to offer digital versions of single FIAT currencies (or stablecoins). The team expects a launch in 2020 itself. ‘Congresswoman Rashida Tlaib and her counsel introduce an Automatic BOOST to Communities (ABC) Act Bill which proposes ‘digital dollar’ implementation. Libra 2.0 Facebook introduces Libra 2.0, a

Facebook revamps its model for Libra as it outlines new plans to offer digital versions of single FIAT currencies (or stablecoins). The team expects a launch in 2020 itself. ‘Congresswoman Rashida Tlaib and her counsel introduce an Automatic BOOST to Communities (ABC) Act Bill which proposes ‘digital dollar’ implementation. Libra 2.0 Facebook introduces Libra 2.0, a

tron
Altcoin News
tron
Altcoin News

Tron (TRX) Sets Sights At $0.02200 USD As Justin Sun Announces New TRX-backed Stablecoin

Lujan Odera January 17, 2020

Justin Sun, Tron Foundation CEO, announced the launch of a new stablecoin backed by Tron (TRX) and BitTorrent (BTT) on Thursday 16th January 2020. The flamboyant and media friendly founder asked for the community’s opinion on what to name the coin in his ever-present suggestions/guessing game during announcements. However, the tenth largest cryptocurrency on Coinmarketcap

Justin Sun, Tron Foundation CEO, announced the launch of a new stablecoin backed by Tron (TRX) and BitTorrent (BTT) on Thursday 16th January 2020. The flamboyant and media friendly founder asked for the community’s opinion on what to name the coin in his ever-present suggestions/guessing game during announcements. However, the tenth largest cryptocurrency on Coinmarketcap

Tether
Altcoin News
Tether
Altcoin News

Stablecoin Adoption: 90% Of OTC Flow in Asia Happens in Stablecoins

Dalmas Ngetich November 18, 2019

Stablecoins play a crucial role in cryptocurrency trading and investing. By introducing a blend of stability found in fiat currencies and independence inherent in blockchain systems, stablecoins act as conduits where investors and traders can easily move their funds in and out of cryptocurrencies. They are so vital to cryptocurrency trading that 90% of crypto

Stablecoins play a crucial role in cryptocurrency trading and investing. By introducing a blend of stability found in fiat currencies and independence inherent in blockchain systems, stablecoins act as conduits where investors and traders can easily move their funds in and out of cryptocurrencies. They are so vital to cryptocurrency trading that 90% of crypto

Crypto News
Altcoin News
Crypto News
Altcoin News

Crypto Weekly: Libra Association Signs Charter, KuCoin Announces Monthly Bitcoin Futures and More

Supriya Saxena October 20, 2019

Key Highlights  Libra Association Signs Charter, Announces Board of Directors Stablecoins Pose More Issues Than Benefits – G7 Task Force Report Miami International Airport Welcomes Its First Bitcoin ATM Kucoin Announces Launch of Monthly Bitcoin Futures Contracts On Its Derivative Exchange KuMEX The Marshall Islands To Build Own Digital Currency  Media Lab Acquires Kik, Sees

Key Highlights  Libra Association Signs Charter, Announces Board of Directors Stablecoins Pose More Issues Than Benefits – G7 Task Force Report Miami International Airport Welcomes Its First Bitcoin ATM Kucoin Announces Launch of Monthly Bitcoin Futures Contracts On Its Derivative Exchange KuMEX The Marshall Islands To Build Own Digital Currency  Media Lab Acquires Kik, Sees

Huobi
Altcoin News
Huobi
Altcoin News

Trade Wars: Huobi Adds Support for TRC20 Tether with offer; Will it Pump Up the Volume?

Stan Peterson October 20, 2019

There’s never a quiet week in TRONland, from where TRON CEO Justin Sun oversees an ever-expanding digital network. When he’s not making announcements about making announcements, the TRON founder is toasting tangible new successes that are slowly cementing the network’s infiltration into every last recess of the cryptosphere. Huobi and Binance’s decision to support TRC20-USDT,

There’s never a quiet week in TRONland, from where TRON CEO Justin Sun oversees an ever-expanding digital network. When he’s not making announcements about making announcements, the TRON founder is toasting tangible new successes that are slowly cementing the network’s infiltration into every last recess of the cryptosphere. Huobi and Binance’s decision to support TRC20-USDT,

blog
blog

DAI Vs. EOSDT: A Stablecoin Shootout

Guest Author September 24, 2019

MakerDAO’s DAI and Equilibrium’s EOSDT are two decentralized stablecoins that seem to have a lot in common. When I first came across EOSDT, I confess I thought it was another project by MakerDAO. But as I started exploring them both, I not only learned that these projects are by different companies, but that their underlying mechanics

MakerDAO’s DAI and Equilibrium’s EOSDT are two decentralized stablecoins that seem to have a lot in common. When I first came across EOSDT, I confess I thought it was another project by MakerDAO. But as I started exploring them both, I not only learned that these projects are by different companies, but that their underlying mechanics

timvi
Press Release
timvi
Press Release

New Timvi Secured Algorithmic Stablecoin Enters The Market

Guest Author September 18, 2019

The test mode of the new Timvi (TMV) secured algorithmic stablecoin was launched on September 18, 2019. The emission of the stablecoin is not subject to the influence of any third parties. TMV will allow its users to earn both during bull and bear market. A bounty program with rewards of up to $15,000 is

The test mode of the new Timvi (TMV) secured algorithmic stablecoin was launched on September 18, 2019. The emission of the stablecoin is not subject to the influence of any third parties. TMV will allow its users to earn both during bull and bear market. A bounty program with rewards of up to $15,000 is

TEther
Stablecoin News
TEther
Stablecoin News

Tether Plans Stablecoin Backed by Chinese Yuan – Here’s Why it Could Back-Fire

Nivesh Rustgi August 22, 2019

Tether will soon issue a stablecoin – backed by the off-shore Chinese Yuan. According to Dong Zhao, a shareholder of Tether’s sister company Bitfinex, told ChainNews on Wednesday that CNHT will be launched “in the near future.” This comes at a time when the Chinese Government authorities are working on the ‘Digital Renminbi’ themselves. According to Dovey Wan,

Tether will soon issue a stablecoin – backed by the off-shore Chinese Yuan. According to Dong Zhao, a shareholder of Tether’s sister company Bitfinex, told ChainNews on Wednesday that CNHT will be launched “in the near future.” This comes at a time when the Chinese Government authorities are working on the ‘Digital Renminbi’ themselves. According to Dovey Wan,

stablecoin
blog
stablecoin
blog

How can the merits of stablecoins be applied in Asia?

Sagar Saxena August 9, 2019

How can the merits of stablecoins be applied in Asia? The rising popularity of stablecoins among both crypto enthusiasts and corporations has often been hailed as an indication of the growing adoption of blockchain technology. This is particularly highlighted by the announcement of Facebook’s Project Libra and JPMorgan’s JPMCoin, which are examples of large corporations

How can the merits of stablecoins be applied in Asia? The rising popularity of stablecoins among both crypto enthusiasts and corporations has often been hailed as an indication of the growing adoption of blockchain technology. This is particularly highlighted by the announcement of Facebook’s Project Libra and JPMorgan’s JPMCoin, which are examples of large corporations

binance [bnb] coin
Altcoin News
binance [bnb] coin
Altcoin News

Binance Updates: BNB Breaks $31 with Double-Digit Gains; Binance DEX Adds Stablecoin

Nivesh Rustgi August 9, 2019

As the majority of altcoins took another beating, Binance [BNB] Coin gained in double digits in the past 24 hours. The native token of Binance rose from below $27 to trade above $31, gaining over 14.5% on a daily scale. The previous day threw a lot of limelight on Binance beginning with a FUD alert

As the majority of altcoins took another beating, Binance [BNB] Coin gained in double digits in the past 24 hours. The native token of Binance rose from below $27 to trade above $31, gaining over 14.5% on a daily scale. The previous day threw a lot of limelight on Binance beginning with a FUD alert

Changing Zhao
Altcoin News
Changing Zhao
Altcoin News

Binance Jersey Launches Their Own GBP-Backed Stablecoin

Dare Shonubi July 20, 2019

Popular cryptocurrency exchange, Binance’s CEO, Changpeng Zhao has shown his “false disapproval” for stablecoins on Friday, while he called them “the worst nominal in crypto”. Changpeng Zhao, who’s Binance exchange alternate between the top and second-largest cryptocurrency exchange by both daily trading volume and adjusted volumes took to his Twitter handle on Friday evening to

Popular cryptocurrency exchange, Binance’s CEO, Changpeng Zhao has shown his “false disapproval” for stablecoins on Friday, while he called them “the worst nominal in crypto”. Changpeng Zhao, who’s Binance exchange alternate between the top and second-largest cryptocurrency exchange by both daily trading volume and adjusted volumes took to his Twitter handle on Friday evening to

stablecoin
blog
stablecoin
blog

5 Reasons Stablecoins Could Unlock the Mass-Market Adoption of Cryptocurrency

Casper Brown July 9, 2019

A boy asked his crypto-enthusiast dad for 1 BTC for his birthday. Dad: What? $8,924?? Do you know that $7,269 is a lot of money? What do you need $10,231 for anyway? If you’ve spent some time in the cryptocurrency market; you’ll most likely have seen the joke above or one of its many variants.

A boy asked his crypto-enthusiast dad for 1 BTC for his birthday. Dad: What? $8,924?? Do you know that $7,269 is a lot of money? What do you need $10,231 for anyway? If you’ve spent some time in the cryptocurrency market; you’ll most likely have seen the joke above or one of its many variants.

Goldman sach ceo
Blockchain News
Goldman sach ceo
Blockchain News

Goldman Sachs CEO Praises Libra, and Says, Assume ‘All Institutions Looking at Blockchain’

Nivesh Rustgi June 28, 2019

David M. Solomon, Chairman, and CEO of Goldman Sachs said in an interview recently that they are going to offer digitized securities on the blockchain. In a meeting with the Board of Directors of the multinational bank, Soloman told the media, Mergers and acquisitions advice remains our key business, but we are a bank, not

David M. Solomon, Chairman, and CEO of Goldman Sachs said in an interview recently that they are going to offer digitized securities on the blockchain. In a meeting with the Board of Directors of the multinational bank, Soloman told the media, Mergers and acquisitions advice remains our key business, but we are a bank, not

Press Release
Press Release

Platinum Q DAO Engineering is Holding the IEO of its Governance Coin Q DAO

Guest Author December 10, 2019

Platinum Q DAO Engineering is Holding the IEO of its Governance Coin Q DAO, that has already Attracted Investment from Big Investors. BTCNEXT exchange shares the details. BTCNEXT cryptocurrency platform announces the launch of the second round of Initial Exchange offering (IEO) for the Q DAO project, this year’s most anticipated token sale that will

Platinum Q DAO Engineering is Holding the IEO of its Governance Coin Q DAO, that has already Attracted Investment from Big Investors. BTCNEXT exchange shares the details. BTCNEXT cryptocurrency platform announces the launch of the second round of Initial Exchange offering (IEO) for the Q DAO project, this year’s most anticipated token sale that will