So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.
Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law.
So called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?
BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.
Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year