Bitcoin Payments Provider BitPay Adds Gemini Dollar and USD//Coin as Settlement Options

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Cryptocurrency payments provider BitPay added two stablecoins for fiat-equivalent settlements at merchant-level on Oct. 15, according to a press release. Stablecoin Usage Gaining Traction Seeing a significant demand for the usage of credible stablecoins in the cryptocurrency market, BitPay added Circle’s Centre USD//Coin (USDC) and the Gemini Dollar (GUSD) – both pegged on a 1-to-1 basis…

People’s Bank of China Recommends Yuan-Pegged Stablecoin

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An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency. YuanCoin to Arrive? The views were written in an op-ed piece published on Oct. 9 by CN Finance, a magazine wholly-owned by PBoC,…

Circle Introduces Stablecoin Backed By U.S. Dollar

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Regulated stablecoins continue their disruptive journey into mass adoption as Circle announces application of tokenized fiat assets. The U.S. dollar-backed stablecoin USD//Coin (USDC) is the product of Circle’s partnership with CENTRE, the open source distribution network which will facilitate deposits from U.S. bank accounts. With an open-internet concept in mind, USDC was designed for universal…

Binance Backs $32 Million Funding for Unicorn Founder's Crypto Stablecoin

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With an e-commerce company leading the launch of a new stablecoin, its founders and allies believe they can really bring crypto to consumers.

How Smart Contracts and Stablecoins will Reshape Escrow

How Smart Contracts and Stablecoins will Reshape Escrow

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Escrow is a way to provide trust between a buyer and a seller in a transaction. In an online transaction, how can a buyer be certain the seller will deliver the product or service? Likewise, how can a seller be sure that the buyer will pay? Escrow solves this problem with a neutral third-party to…

Exclusive Interview With Stably on Providing Crypto Stability in an Unstable Market

Exclusive Interview With Stably on Providing Crypto Stability in an Unstable Market

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Based in Vancouver, Canada, Stably is a venture-capital backed startup that is on a mission to bring stability to the volatile cryptocurrency market. Backing every coin with a one-to-one parity to the US dollar, StableUSD aims to be the solution to cryptocurrency mass adoption as a secure, consistent medium of payment. The Team Behind Stably Stably…