Stablecoin News

Major exchange and cryptocurrency platform Coinbase has added support for Ethereum-based stablecoin Dai in most jurisdictions.

Dharma hopes the addition of USDC will attract mainstream investors to its decentralized lending platform.

The company is also planning to launch a blockchain-powered exchange for digital tokens in the second half of 2019.

Crypto exchange Bitfinex and its affiliated stablecoin issuer Tether have been granted a stay of demands of which they applied on May 21.

Major U.S.-based cryptocurrency exchange Coinbase announced that its payment processor Coinbase Commerce now supports Circle’s USD Coin.

Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has exceeded $4 billion.

Bitfinex and Tether lawyers file to dismiss an ongoing case versus the New York Attorney General, arguing New York jurisdiction does not apply here.

New court filings revealed that stablecoin issuer Tether had invested some of its reserves in bitcoin.

The vote to decrease stability fee for MakerDAO’s Ethereum blockchain-based decentralized stablecoin DAI has stalled.

A vote about whether to decrease the so-called stability fee by two percent for Maker’s DAI stablecoin has started.

Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin USD Coin.

The European Central Bank stated that cryptocurrency’s implications for monetary policy do not factor into the real economy.

Facebook has registered a new fintech firm that will center on blockchain, payments, data analytics, and investing.

Polychain Capital CEO thinks Facebook would do best to build a public platform for its currency, relinquishing authority over the blockchain.

Crypto exchange Seed CX has announced support for stablecoins Paxos, USD Coin, and TrueUSD, which are currently pegged to U.S. dollars.