Tether Is to Issue New Stablecoin Backed by Gold
Tether, the issuer of USDT, announced a new gold-backed stablecoin. This token is said to be issued on the Ethereum and Tron blockchains.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Tether, the issuer of USDT, announced a new gold-backed stablecoin. This token is said to be issued on the Ethereum and Tron blockchains.
Ripple experienced a massive 80% drop in its total sales of XRP in Q4 2019. The figures in the recent report are the lowest in the past 36 months.
The study shows that the number of BTC addresses holding the Bitcoin tokens have surged by more than 10%. Also, a detailed observation demonstrates that retail participation is also on the rise.
Two new partners, Bottomline Technologies and Tranglo, are currently working on integrating Ripple’s technology for their cross-border payments. The U.S. Treasury might also be supportive.
Binance has recently announced another investment. This time it has chosen an open-data framework protocol called Numbers.
Pornhub is expanding the range of payment options for the users of the website. One of the new options is a cryptocurrency – Tether (USDT).
In the latest post, the Blockchain Association opposed the SEC’s stand on blocking the launch of the Telegram Open Network. The Association has further criticized the regulatory for not maintaining clarity for a long time on blockchain and cryptocurrency rules.
As BitPay officially launched support for XRP, eGifter and CareUSA were announced among the first merchants to accept XRP as a payment method.
Tron CEO Justin Sun has hinted that he discussed future collaboration with Apple co-founder Steve Wozniak over lunch.
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Bitcoin SV, Bitcoin Cash and Litecoin price movement.
The Ethereum one million developer challenge is aimed at expanding the currently existing developer ecosystem. After three months since the first announcement, the challenge is on.
MoneyGram has unveiled its strategic partnership with UAE-based Lulu Exchange in a move that will enable it to gain ground in the Oman and Asian-Pacific markets.
During the first day of WEF 2020 at Davos, the U.S. Treasury Secretary acknowledged the demand for faster cross-border payment solutions and said that the U.S. will support companies like Ripple offering such services.
As Vodafone has decided to quit the Libra Association, it will focus more on its digital payment service M-Pesa and expand it beyond the six African nations it currently serves.
The group of the biggest world’s banks led by the Bank of England will investigate the economic benefits of a central bank digital currency (CBDC).