stablecoin
Facebook’s Libra Rebrands to Diem
The Libra Association announced this morning that it has a new name — the Diem Association — and made some key hires ahead of its launch. The new name is an attempt to distance the group f...
Russia’s Sberbank to Release Own Crypto Token
Sberbank, a state-owned largest Russian bank, is planning to launch a new blockchain-based trading platform with native token, ‘Sbercoin’. This was reported by Herman Gref, the CEO and cha...
Russia’s Sberbank to Launch Stablecoin
Sberbank, Russia’s biggest consumer bank, is preparing to launch a stablecoin. The “Sbercoin” will be equal to a fixed amount of Russian Ruble, and it will be used for digital financ...
Winklevoss Twins Receive Six Stablecoin Patents
Tyler and Cameron Winklevoss, co-founders of the New York-based crypto exchange Gemini, have received six stablecoin-related patents.
Facebook’s Libra Won’t be Approved by Central Banks
Facebook’s Libra won’t be approved because central banks won’t accept the basket of currencies behind it, according to Switzerland’s President.
Binance Launches Dollar-backed Stablecoin
Binance, the largest cryptocurrency exchange in terms of trading volumes, has launched a dollar-backed stablecoin in the U.S, dubbed Binance USD (BUSD).
Coinbase Commerce Adds Support for USD Coin
[Coinbase Commerce service has added support for the dollar-pegged stablecoin USD Coin (USDC).
Coinbase Expands Service to 50 More Countries
Coinbase has added 50 more jurisdictions to its coverage, including such countries as Brazil, South Africa and Taiwan, among others, the firm announced in a blog post on May 14. Starting from tod...
JP Morgan Launches the First US Bank-backed Stablecoin
JPMorgan Chase, one of the largest banking institutions in the United States, has developed its own stablebcoin called JPM Coin, the first US bank-backed cryptocurrency to instantly settle payments be...
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