Stablecoin

Stablecoins are the cryptocurrencies pegged to fiats (usually $1) and are less volatile kept safely by a central custodian such as a bank.

Yuri MolchanYuri Molchan

Binance Starts Working on Venus Project – a Rival to Facebook’s Libra

Binance states they are beginning to work on a DLT project called Venus which will help create local stablecoins backed by fiat currencies around the globe
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Binance Starts Working on Venus Project – a Rival to Facebook’s Libra
Yuri MolchanYuri Molchan

PHX Fiat-Pegged Coin Released by Philippines Major Bank, Fund Transfers Kick off Successfully

One of the biggest banks on the Philippines has released its own stablecoin and is already conducting remittance transactions with other local banks
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PHX Fiat-Pegged Coin Released by Philippines Major Bank, Fund Transfers Kick off Successfully
Alex DovbnyaAlex Dovbnya

Binance Lists BGBP Stablecoin on Its Jersey-Based Fiat-to-Crypto Exchange 

Binance listing its own stablecoin on its fiat-to-crypto exchange is everything you need to know about the ambitions of the Chinese behemoth   
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Binance Lists BGBP Stablecoin on Its Jersey-Based Fiat-to-Crypto Exchange 
Yuri MolchanYuri Molchan

Tether to Mint Its Stablecoin on Yet Another Platform

Tether, even though considered a controversial cryptocoin, plans to partner with another blockchain for issuing USDT
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Tether to Mint Its Stablecoin on Yet Another Platform
Yuri MolchanYuri Molchan

Tether Produces 5 Bln USDT by Mistake, Then Burns Them at Once

Over the weekend, Tether Ltd mistakenly released 5 bln USDT coins and then had to burn them, as per a tweet by Whale Alert
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Tether Produces 5 Bln USDT by Mistake, Then Burns Them at Once