Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments

June 14, 2022 Bitcoin.com

Argentina

Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high inflation markets. Buenbit Announces USDC […]

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Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets

June 12, 2022 Bitcoin.com

bitcoin.com

Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets, including Canada, Kenya, the Philippines, […]

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Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

June 12, 2022 Bitcoin.com

Altcoins

Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from the stablecoin market, stablecoins themselves represented 9.35% […]

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Launching margin trading for eight stablecoin pairs

June 10, 2022 Kraken

We’re thrilled to announce that Kraken now supports new margin pairs for Tether (USDT), USD Coin (USDC) and Dai (DAI)! Trading Margin trading is now available for: Pair base Pair name Available leverage Long position limit Short position limit USDT USDT/GBP 4 200,000 USDT 200,000…

The post Launching margin trading for eight stablecoin pairs appeared first on Kraken Blog.

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Checkout.com Reveals Merchants Can Accept and Make Payments in USDC

June 8, 2022 Bitcoin.com

beta test

On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that in a beta test with select clients, the company settled $300 million in transaction volume leveraging the USDC stablecoin. Checkout.com Leverages the Stablecoin USDC Checkout.com […]

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Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network

June 8, 2022 Bitcoin.com

Altcoin

Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology. Circle Reveals Polygon-Supported USDC Circle has revealed that usd […]

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Remittance Giant MoneyGram Prepares Imminent Launch of New Crypto Service With XRP Rival Stellar Lunes: Report

May 30, 2022 The Daily Hodl

Bitcoin

Money-transferring services giant MoneyGram is prepping to launch a new crypto-focused service. According to a new Bloomberg report, MoneyGram is partnering with XRP challenger and payments blockchain Stellar (XLM) to allow customers to send and cash out stablecoins on the XLM blockchain. Says MoneyGram Chief Executive Officer Alex Holmes, “The world of crypto and the world […]

The post Remittance Giant MoneyGram Prepares Imminent Launch of New Crypto Service With XRP Rival Stellar Lunes: Report appeared first on The Daily Hodl.

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Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise

May 30, 2022 The Daily Hodl

ada

A bot with a reputation for profitability is revealing the latest results of a crypto portfolio survey taken on Real Vision Exchange. The Real Vision bot recently shared a bar graph illustrating how investors are currently most interested in leading crypto assets Bitcoin (BTC), Ethereum (ETH) as well as stablecoin USD Coin (USDC). “Latest results of the RealVision Exchange […]

The post Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise appeared first on The Daily Hodl.

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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization

May 29, 2022 Bitcoin.com

Altcoins

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked (TVL). Makerdao’s DAI Regains the Top Decentralized Stablecoin Position This month, it’s quite […]

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Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon

May 26, 2022 Bitcoin.com

Altcoins

The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to the Mexican Peso The stablecoin and blockchain […]

USDC

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