The post Alprockz Partners with Fusion Foundation to Accelerate Swiss Franc-backed Stablecoin written by Richard Kastelein appeared first on Blockchain News – Security and Utility Tokens, Tokenomics, Cryptoeconomics Non-profit open source organization Fusion Foundation is partnering with Swiss-based Alprockz to use Fusion’s protocol to accelerate the adoption of Alprockz’s Swiss franc-backed stablecoin, RKZ. “As stablecoins become more mainstream among global
The post Facebook Kicks Off with their New Cryptocurrency Project Libra written by Richard Kastelein appeared first on Blockchain News – Security and Utility Tokens, Tokenomics, Cryptoeconomics Facebook is now officially moving into the cryptocurrency sector according to a recent in-depth Wallstreet Journal article. The project called “Project Libra” is focussed on creating a payment
Stablecoins are seeing a huge rise in offering. This is mainly due to the prolonged bear market thanks to which we have more than 50 stablecoins on offer today. That means the next big cryptocurrencies just be might a stablecoin. Now that stablecoins have gained some media and industry attention, it’s important to look at
Stablecoins are expanding in the market. There are several options available, but not all of them offer the same services and features. Circle has decided to provide proof of the USD reserves that it has to back the USDC stablecoin. PAXOS has partnered with BitPay to allow merchants to receive payments using the stablecoin. Circle
Last month has been one wild ride for Tether (USDT). Tether has seen massive influxes of USDT to its Treasury. This is due to the cryptocurrency losing “parity” with the USD. The entire cause of the loss of parity were doubts about Tether’s ability to access banking services and the lack of USD/USDT conversion. Last
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Last week’s Tether (USDT) action and its quick recovery showed that stablecoins are valuable to the Cryptocurrency ecosystem, but also more stable than people think. You can read more in the articles below. A new stablecoin pegged to a fiat currency will make its debut. The new stablecoin is launching on Stellar’s blockchain and it will