Stablecoins

DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z

Lending protocol Compound Finance just raised $25 million in a round led by Andreessen Horowitz’s a16z crypto fund, marking one…

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Three Fronts in the Global Digital Currency Wars

Jeremy Allaire is co-founder, CEO and chairman of Circle, a global financial services company that provides a platform for individuals,…

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Binance Exchange Is First Client for Paxos’ New Dollar Gateway

Regulated blockchain company Paxos has launched a product allowing crypto exchange customers to more easily fund their accounts with traditional…

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Tether Says Its Stablecoin Is ‘Fully Backed’ Again

USDT tokens are now fully backed by Tether’s reserves, the stablecoin issuer said Thursday. Tether published a response to what…

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European Union to Regulate Stablecoins, Not Issue Its Own: Source

The European Union is taking a closer look at how to regulate stablecoins, but has no plans to issue one…

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US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies

The U.S. Federal Reserve is hiring a manager to oversee its traditional payments section, while adding new responsibilities to the…

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US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies

The U.S. Federal Reserve is hiring a manager to oversee its traditional payments section, while adding new responsibilities to the…

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Binance to Open Beijing Office Amid China’s Renewed Blockchain Push

Malta-based cryptocurrency exchange Binance is opening an office in Beijing, two sources with knowledge of the matter told CoinDesk. The…

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Calibra Head David Marcus Touts Libra’s Money Laundering Standards

Calibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project —…

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Crypto Will Rain on Banks’ Low-Interest Rate Parade

A professor at Stanford Graduate School of Business says cryptocurrencies will put an end to the windfall that banks currently…

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