BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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The crypto market leader Bitcoin will remain stable regardless of the prevailing economic crises, according to Eric Larcheveque, the Founder of the French and Business magazine Capital. Bitcoin vs State-backed Cryptos Speaking during a recent interview, Larcheveque noted that emerging crises would have little impact on the price of Bitcoin. During the interview, the discussions [...]
The Canadian firm Blockchain Venture Capital Inc. (BVCI) has launched a new stablecoin christened CUSD, whose value will be attached to the US dollar. This development comes only 120 days after BVCI launched a Canadian dollar-pegged stablecoin, CADT. Stablecoins are seen as a safe haven to control the volatility associated with digital currencies. Several countries [...]
The Global Currency Organization (GCO) - an outfit founded by JP Morgan alumni, Intel, and TrustToken, has launched a new stablecoin christened USD Digital (USDD). In a press release shared by a media outlet, the organization intends to make USDD the first stablecoin that will share its revenue from various operations with participating parties, such [...]
Libra cryptocurrency co-creator David Marcus has refuted claims by world regulators that the stablecoin, which is due for launch in 2020, will threaten monetary sovereignty of other nations. Marcus who took to Twitter on Monday (September 16, 2019), stated that Libra is intended to be a “better payment network and system running on existing currencies…there’s [...]
If you are a regular trader, then you surely seen something called USDT. You may have also noticed that various crypto exchanges don’t accept US Dollars or various other exchanges that trade Bitcoin against USDT. At this point, you may be wondering how can exchanges that are exclusively based on cryptocurrency also run USD markets? [...]
In collaboration with fintech startup Stronghold, IBM will launch a stablecoin that will be tethered to the value of the US Dollar. The crypto coin will be secured by the government-backed fiat which is held at banks that are assured by the Federal Deposit Insurance Corp (FDIC). New Stablecoin Pegged to the USD According to [...]