Sentences with phrase «stablecoin on»

The result is Dai, the first fully - decentralized stablecoin on Ethereum.

Today, TrustToken has launched trading for TrueUSD, the first independently verified asset - backed stablecoin on the market that fixes its value to the US Dollar.

TrustToken has launched trading for TrueUSD, «the first independently verified asset - backed stablecoin on the market that fixes its value to the U.S. Dollar.»

Not exact matches

Amid the unprecedented surge, EOS has become the third most traded cryptocurrency on the market, behind only bitcoin and Tether (USDT), a controversial stablecoin.

Due to its stablecoin platform — which facilitates holding digital currencies and fiat currencies through a combination of bitcoin and litecoin - based smart contracts — the wallet app is able to add new digital currencies once they pass the company's rigid analysis based on liquidity, contract market, and other factors.

Projects like DAI Token and TrueUSD have a much smaller impact on the market with relatively small market caps but still are important players in the stablecoin sub-industry.

Part of the problem is no team has managed to develop a universally accepted stablecoin without having to compromise on features such as decentralisation, privacy or security.

Virtual asset developer, Singapore - based New Money Labs Foundation on Tuesday unveiled plans for a third generation Stablecoin, using its USDX Protocol, which it claims will ultimately solve the extreme volatility in the crypto market.

The company plans to launch its first USD - pegged Stablecoin, / USDY, on the public blockchain next year.

Havven tends to bring a global solution by putting forth a decentralized payment network built on a stablecoin that aims to mitigate exposure to volatility in the cryptocurrency industry.

Therefore, although GOLDX is an ERC20 - based stablecoin that can be bought with / BTC or / ETH, and traded like any other cryptocurrency, it is important that the network not rely on a mining - driven blockchain.

Launching with ERC20 tokens on the Ethereum network, the Radar token relay app, which helps users find and transfer any token fluidly has announced partnership with Digix to bring a gold backed stablecoin to the service.

With $ 29 million of USDT traded on Bittrex in the same period, tether is still way ahead in the stablecoin stakes, but all that could quickly change, especially if regulators were to weigh in.

While Bitcoin holders might be reluctant to spend Bitcoin in transactions and miss out on potential gains, stablecoin users don't have the same concerns.

Stablecoins work through a system of Litecoin - and Bitcoin - based smart contracts that simulate investment contracts like how a gold ETF is a contract based on USD.

Without stablecoins, creating a cryptocurrency platform that can compete with fiat currencies on a level playing field in volatile industries, like financial services, may be nearly impossible for cryptocurrencies.

On Sunday, Buterin deployed several April Fool's Day pranks, including one not - so - subtle post on the Ethereum Foundation blog announcing the creation of an «official Ethereum stablecoin» called World Trade FrancOn Sunday, Buterin deployed several April Fool's Day pranks, including one not - so - subtle post on the Ethereum Foundation blog announcing the creation of an «official Ethereum stablecoin» called World Trade Francon the Ethereum Foundation blog announcing the creation of an «official Ethereum stablecoin» called World Trade Francs.

Existing stablecoins are being rejected by supporters of cryptocurrencies due to their unpalatable centralization and dependence on fiat currencies.

There's a good discussion of stablecoins in our episode with Vlad Zamfir and Haseeb Qureshi on cryptoeconomics.

Stablecoins — are critical to the larger crypto ecosystem so that businesses and smart contract systems can perform transactions on - chain without speculating on the underlying currency.

is an asset - backed decentralized «stablecoin» based on the Ethereum blockchain.

The stablecoin protocol allows the creation of synthetic digital assets based on LTC and BTC by utilizing a multi-sig smart contract.