stablecoins | ForkLog

ForkLog 27 29.05.2021

Circle raises $440 million from FTX, DCG, Fidelity and other investors

The cryptocurrency company Circle closed a $440 million financing round. The investments came from FTX, Digital Currency Group, Fidelity Management, Valor Capital Group and other venture firms.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 13 28.05.2021

Bank of Japan governor criticises Bitcoin and backs stablecoins

Bitcoin trading is speculative in nature, and the asset is rarely used as a means of settlement. This was stated by Bank of Japan Governor Haruhiko Kuroda.

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ForkLog 25 27.05.2021

Glassnode: DeFi sector resists panic on May 19

The DeFi sector showed resilience during the May 19 crash and extreme gas prices. This manifested in high activity on the DEX, robustness of liquidation and arbitrage mechanisms, and the pegging of stablecoins, according to Glassnode analysts.

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ForkLog 17 27.05.2021

PayPal to enable withdrawal of cryptocurrencies to external wallets

PayPal will add the ability to withdraw cryptocurrencies to external wallets. This was stated by the company's vice president Jose Fernandez da Ponte at the Consensus online conference.

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ForkLog 33 26.05.2021

Stablecoin market capitalization has surpassed $100 billion

The combined market capitalization of stablecoins has surpassed the $100 billion mark. Since the start of the year, the figure has risen more than threefold.

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ForkLog 27 25.05.2021

USDT market cap tops $60 billion amid extreme market volatility

Against the backdrop of a cryptocurrency market downturn, Tether's (USDT) market capitalization rose above $60 billion. Over the year the metric has grown by nearly sevenfold.

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ForkLog 17 24.05.2021

USDC market capitalization surpasses $20 billion

USDC market capitalization of the USD Coin (USDC) from the Centre consortium rose above $20 billion. Since January 2021 the figure has risen sixfold.

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ForkLog 9 21.05.2021

Bank of Canada warns of high risks in Bitcoin and Ethereum investments

Cryptocurrencies are high-risk assets with an undetermined intrinsic value. This warning is contained in the Bank of Canada's annual review of vulnerabilities and risks in the financial sector.

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ForkLog 21 19.05.2021

Users report outages on Bitcoin exchanges amid market rout

The sharp fall in crypto prices spurred a surge in investor activity, overwhelming exchange capacity and causing outages.

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ForkLog 15 17.05.2021

Tether to add Avalanche blockchain support

The issuer of the USD-pegged stablecoin USDT, Tether, announced support for the Avalanche blockchain.

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ForkLog 21 13.05.2021

Cash and cash equivalents accounted for 76% of USDT reserves

Cash and cash equivalents accounted for 76% of Tether Holdings Limited's reserves as of March 31, 2021.

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ForkLog 28 06.05.2021

Tala teams up with Visa and Circle to let customers pay with USDC

The fintech startup Tala, in partnership with Visa, will offer customers the ability to use the USD Coin (USDC) stablecoin to pay for goods and services.

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