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ForkLog 19 07.08.2020

Goldman Sachs weighs issuing its own stablecoin

Goldman Sachs, the largest US investment bank, has not ruled out issuing its own stablecoin. This was stated by the bank’s new head of the digital assets division, Matthew McDermott, CNBC reports.

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ForkLog 15 04.08.2020

Sberbank considers issuing a ruble-backed stablecoin

Sberbank could issue a ruble-backed stablecoin for settlements of other digital financial assets, Kommersant reports citing remarks by Sergey Popov, head of the Transactional Business division.

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ForkLog 8 03.08.2020

MonolithosDAO, the developer of the crypto-ruble, conducts MDT token sale

MonolithosDAO, the developer of an ecosystem for DeFi services, is conducting a token sale of MDT internal tokens. The presale ends on August 10, and on August 3 MonolithosDAO will place an ETH/MDT pool on the decentralized exchange Uniswap. Representatives of the project told ForkLog about this.

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ForkLog 10 03.08.2020

Over five years, Ethereum transactions total $1 trillion

Since Ethereum's inception in July 2015, the cumulative value transferred through its network has reached $986 billion. The Block reports this, citing data from analytics firm CoinMetrics.

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ForkLog 6 31.07.2020

Stablecoin daily transaction volume hits a record $5bn

Analytical firm CoinMetrics has estimated the daily adjusted value transferred in stablecoins at a record $5bn. Of this amount $2.9bn was in Ethereum transactions.

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ForkLog 16 30.07.2020

Coinbase offers 2% APY on DAI deposits

The largest cryptocurrency company in the United States, Coinbase, announced that deposits in the DAI stablecoin will earn 2% APY.

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Krzysztof Shpak 512 24.03.2020

MakerDAO’s Recent Trouble May Highlight Flaws In the Ecosystem

The recent market crash caused a lot of trouble for MakerDAO, the platform behind the Dai stablecoin and the largest DeFi project by value locked. Being largely collateralized by Ether, the stablecoin was impacted heavily by the decline in ETH price and the resulting gap in collateralization.

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Krzysztof Shpak 560 21.02.2020

Multi-Collateral DAI: Collateral Priority Race Begins

This article was written by Dmitry Bondar, ‌a monetary‌ ‌theorist‌, cryptocurrency researcher and author of ‌Stablecoins:‌ ‌From‌ ‌Electronic‌ ‌Money‌ ‌on‌ ‌Blockchain‌ ‌to‌ ‌a‌ ‌Cryptocurrency‌ ‌Basket‌ exclusively for forklog.media. Views and opinions expressed herein are solely those of the author and do not necessarily reflect the views and opinions of the forklog.media editorial board. DAI is […]

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Krzysztof Shpak 530 18.02.2020

Dmitry Bondar: If There Is Time to Be Afraid of CBDCs, It Is Better to Spend It on Preparation

The beginning of 2020 had a lot for central bank digital currencies. China is seemingly ready to test its own digital cash system, while Western countries are getting on with their research and considerations about CBDCs.

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Krzysztof Shpak 764 13.02.2020

Digix Co-founder Shaun Djie: Having DigixDAO Continue to Exist Would Be Good But It’s No Longer Possible

Digix, the project behind the first gold-backed stablecoin, stood at the inception of the modern asset-backed token model. Being one of the older and most successful projects within the Ethereum ecosystem, it was also one of the precious few that managed to build and maintain a robust DAO infrastructure. Which is, as of recently, a […]

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Krzysztof Shpak 268 15.01.2020

What Is Stablecoin?

1 What is a stableсoin? Stablecoin is a cryptocurrency with a fixed exchange rate or with certain means of resisting exchange rate fluctuations. In most cases, stablecoins are pegged to real-life assets like fiat currencies, precious metals, or asset baskets. Others emulate certain monetary policies practiced by central banks in a decentralized fashion. 2 How […]

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ForkLog 597 09.07.2019

STASIS EURS, The First Euro-Pegged Stable Coin, Listed on OKCoin

OKCoin cryptocurrency exchange announced on Monday it has listed STASIS EURS (EURS), the first euro-pegged stable coin. Authorized OKCoin customers already can deposit and withdraw EURS, while trading is enabled in EURS/USD, EURS/EUR, and EURS/BTC.

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