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#Stablecoin

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

Tether (USDT) Market Capitalization Hits $20 Billion

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Another day, another milestone for USDT
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USDC Stablecoin Becomes U.S. Foreign Policy Tool for First Time Ever

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With revolutionary program, the U.S. will help Venezuelans through USDC tokens minted by President-elect Juan Guaidó
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$15,000,000,000 in Market Cap Reached by Tether (USDT), Paolo Ardoino Shares Story of Success

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Another day, another milestone reached by Tether (USDT) supply. However, this one is special, Paolo Ardoino claims
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USDT and USDC to Migrate to Layer Two, But There Is a Caveat, Claims Andre Cronje

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Inventor of Yearn.Finance (YFI) decentralized protocol, Andre Cronje, is concerned about L2 solutions as stablecoin platform
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Is Tether Monopoly Living on Borrowed Time? CoinMetrics Analysts Answer

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Coinmetrics, leading cryptocurrency analysis team, released a report that covers the most significant trends in the progress of the stablecoin segment
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Weiss Crypto Ratings Slams Stablecoins as $100,000 in USDC Gets Frozen on Authorities’ Demand

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The leading financial agency Weiss Ratings criticizes stablecoins for being centralized as Circle confirms freezing $100,000 worth of Ethereum-based USDC
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Binance Starts Working on Venus Project – a Rival to Facebook’s Libra

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

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

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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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Tether to Mint Its Stablecoin on Yet Another Platform

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Tether, even though considered a controversial cryptocoin, plans to partner with another blockchain for issuing USDT
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Tether Produces 5 Bln USDT by Mistake, Then Burns Them at Once

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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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