Stablecoin

Crypto Tycoon Winklevoss Brothers Obtain Six Stablecoin Patents

Tyler and Cameron Winklevoss, the founders of the Gemini cryptocurrency exchange, have obtained six stablecoin-related patents, according to filings with the United States Patent and Trademark Office.  Three of the patents — the first, second and the fifth on the list — all  describe systems for changing the supply of a public blockchain-based stablecoin. The …

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Bank of England’s Stablecoin Ruling Targets Financial Stability, Exec Says

Financial stability was a key factor in the Bank of England’s decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains. That’s because stablecoins may seek to operate outside of the existing financial infrastructure – the one that card payments, online banking services and others inhabit. Those activities are regulated …

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More Than 77 Crypto Projects Claim to Be Backed by Physical Gold

</header> <strong>The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>’s security. Tether just announced a new token called tether gold (XAUT), …

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SEC Goes Head-to-Head With Telegram, Makes a Guinea Pig of TON

Earlier this week, the Chamber of Digital Commerce went ahead and filed an amicus brief for the ongoing court hearing taking place between Telegram — one of the world’s most widely used encrypted messenger services — and the United States Securities and Exchange Commission. In its most basic sense, an amicus brief is a legal …

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Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models

</header> <strong>The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been accomplished with the Tether stablecoin …

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Pornhub Adds Tether Stablecoin as New Crypto Payment Option

Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019. According to a Jan. 23 blog post, Pornhub now supports Tether (USDT) — a major United States dollar-pegged stablecoin — to allow instant and zero-fee payments via the crypto wallet and browser extension …

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The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances

Stablecoins may represent crypto’s best chance of achieving mainstream success and recognition from the traditional financial systems. Just recently, the president of the European Central Bank nourished this viewpoint by stating that the institution should be proactive when it comes to digital assets. On Dec. 12, Christine Lagarde tweeted:   “My personal conviction on the issue …

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WisdomTree Grows a Stablecoin Today to Nurture a Crypto ETF Tomorrow

The news that WisdomTree, a major asset manager with $63.8 billion in assets under its belt, plans to launch a regulated stablecoin — pending approval from the United States Securities and Exchange Commission — could be a significant development. It would bring a unique combination of being an enterprise level and having financial regulatory experience …

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Crypto News From Japan: Jan. 13-17 in Review

This week’s news from Japan included additional comments against crypto trading from China, Binance’s potential involvement in Japan, positivity from the International Monetary Fund (IMF), more crypto exits from European Union (EU) regions, and stablecoin positivity from France. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. China reaffirms …

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New Stablecoins Commence a Fresh Assault on Tether

</header> <strong>Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/USDT” target=”_blank” rel=”noopener noreferrer”>USDT</a>) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone. This year, the king …

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