Tag: Stablecoin

Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash

Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash On June 12, the cryptocurrency exchange Coinex announced the listing of a new Simple Ledger Protocol (SLP) token called honestcoin (USDH). The Honestcoin.io website details that the new token is a fully regulated stablecoin issued on the Bitcoin Cash network […]

DAI Has Been Struggling to Maintain Its $1 Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin

DAI Has Been Struggling to Maintain Its Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin Ether and instability: What MakerDAO needs to do before DAI can become crypto’s “default” stablecoin. Cointelegraph.com News

Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy

Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $ 170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement. […]

Universal Protocol Alliance Launches Interest-Paying Stablecoin UPUSD

Universal Protocol Alliance Launches Interest-Paying Stablecoin UPUSD A consortium of blockchain companies including Bittrex International, Brave, Cred, and Bitgo is launching a new stablecoin. Universal Protocol Alliance’s Universal Dollar (UPUSD) is a dollar-pegged token whose holders will earn interest, just like a regular savings account. The consortium has announced ambitious […]