Tag Archives: Stablecoins

25Mar/19

Coinbase-Backed Stablecoin Claims Rivals Deceptively Pump Market Caps

Touted as the next big thing in crypto, stablecoins promise investors volatility-proof exposure to decentralized assets, but insiders say that this emerging asset class is vulnerable to the same manipulative practices thatRead More…

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21Mar/19

MakerDAO Votes to Increase Fees 4% on Ethereum Stablecoin DAI

MakerDAO token holders have again voted to increase fees charged to those taking out programmatic loans on the blockchain through its U.S. dollar-backed ethereum stablecoin DAI. The fourth and largest fee hikeRead More…

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18Mar/19

While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency andRead More…

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17Mar/19

Stablecoins Are Threatened by These Two Major Issues

On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSWRead More…

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14Mar/19

MakerDAO Weighs Fourth Fee Hike as DAI Stablecoin Remains Below $1

Investors and developers who contribute to the ethereum-based programmatic lending protocol MakerDAO are debating a fourth increase to the amount charged to users of its U.S. dollar-pegged stablecoin DAI. As a result ofRead More…

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09Mar/19

JP Morgan’s Stablecoin: A Feat of Engineering or Marketing?

Ben Jessel is head of enterprise blockchain at Kadena, a next-generation blockchain company offering both public and private blockchain solutions.  –––––––––– The world of blockchain and banking was set alight last month byRead More…

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