Sentences with phrase «stablecoins in»

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

It is reasonably safe to assume that users who are starting to use stablecoins in these early stages of blockchain technology will be cryptocurrency enthusiasts.

News As the saying goes, don't keep all your stablecoins in one basket.

Abra has been using stablecoins in USD, EUR, JPY, KRW, etc. and our platform has already seen hundreds of millions of dollars worth of transactions using the same technology.

For example, earlier this month Bittrex added a second stablecoin in the form Trueusd, in a move seen as a hedge against future Tether regulation.

The US dollar is the best example of a stablecoin in the world of fiat currencies,» blogged 1confirmation Founder Nick Tomaino in an informative The Control post.

Not exact matches

Stablecoins are a new idea that is being advanced by some people in the cryptocurrency community.

Stablecoin projects are some of the most promising in the crypto world.

We're going to see some amazing developments in the stablecoin space over the coming years.

One day we might be paid our salaries in a stablecoin (or a basket of stablecoins).

To maintain the value of the deposit relative to fiat currency RxEAL in cooperation with Maker Dao will offer users to store their deposits inside a smart contract in the form of ERC20 standard compliant Dai Stablecoin.

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.

However, it is clear that stablecoins will continue to be a good escape in bear markets and will allow for investors to keep their funds stable in volatile times.

Stablecoins, cryptocurrencies pegged to external values outside of the cryptocurrency market, have been all the talk lately, especially in the recent market pullback.

Stablecoins are a new idea that is being advanced by some people in the cryptocurrency community.

Stablecoins are backed by a physical asset, like real estate or gold, for instance; something with value that provides it the much needed stability in a fickle financial market.

Bitfinex offers the most liquid order book in the world, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, Bitcoin Cash, Iota, NEO, Ethereum Classic, OmiseGO, Monero, Dash, TRON, Zcash, Bitcoin Gold, Santiment, 0x, Eidoo, ETP, Qtum, Basic Attention Token, Status, AidCoin, Augur, QASH, YOYOW, Streamr, Golem, Time New Bank, FunFair, SpankChain, iExec, aelf, Aventus, Decentraland, RCN, SingularDTV, Ethfinex Nectar Token, IOSToken, Aion, Request Network, Raiden, Loopring, WAX, Dai Stablecoin, Cofound.it, SingularityNET, BnkToTheFuture, Medicalchain, and Odem with minimal slippage.

Stablecoins, cryptocurrencies pegged to external values outside of the cryptocurrency market, have been all the talk lately, especially in the recent market pullback.

However, it is clear that stablecoins will continue to be a good escape in bear markets and will allow for investors to keep their funds stable in volatile times.

Nations that are successful with their own stablecoin would be able to use the system in tandem with their existing financial institutions and other cryptocurrencies, without having to enforce harsh regulations and asphyxiate the innovation that the blockchain has brought to the table this year.

As mentioned earlier, these stablecoins often provide the same benefits which blockchains provide but with a vastly larger amount of stabilization in the price of the cryptoasset.

In simple terms, stablecoins are price - stable cryptocurrencies that have their value pegged to another asset such as the US dollar.

Instead, the momentum is shifting towards achieving price - stability in cryptocurrencies through the creation of stablecoins.

The successful implementation of a stablecoin could just be the catalyst that opens the door for further innovation in the crypto - ecosystem.

In such a scenario a solution would be the use of stablecoins.

This means even if the price of ETH depreciates by 20 percent, the stablecoin can still retain its price as there are still $ 240 in cryptocurrency collateral backing the value of the stablecoin.

While there are several stablecoin projects in various phases of development today, a few have gained some level of notoriety.

When a new Stablecoin is released, / USDX token holders receive the same value equivalent in the new pegged currency, according to the release.

As the Stablecoins are backed only by other cryptocurrencies, traders engaged in other cryptosystems, such as Bitcoin, have the option of parking assets in / USDY as a safehaven, avoiding costly withdrawal fees associated with transferring crypto to fiat, according to the statement.

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.

A Stablecoin such as USDY can also be used as an alternative to fiat currency in the exchange of goods.

In late January, TrustToken, a global platform for tokenizing fiat currencies and real - world assets backed by Stanford - StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first fiat - backed stablecoin to offer token - holders legally protected certificates of ownership of US Dollars.

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.

By backing their tokens with real fiat currency and offering unprecedented legal protection as well regular and transparent auditing of their assets, it will be hard to ignore TrueUSD as it proves itself a serious contender in the emerging world of stablecoins.

In the past few months, buzz has been building about stablecoins, a type of cryptocurrency that uses either complex economic models or real world assets to maintain some sort of stability and ensure investor confidence.

And things have gotten sketchier as the auditing firm Tether had apparently been working with in the past, Friedman LLP., has seemingly severed ties with the stablecoin project.

In early December, the Commodities Future Trading Commission sent out subpoenas to the operators of cryptocurrency exchange Bitfinex and stablecoin venture Tether.

What's driving the rebound in an increasingly harsh regulatory climate might be a so - called «stablecoin» widely suspected to be fraudulent.

This reduces the counterparty risk that is common in other collateralized stablecoin projects.

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.

The other 67 currencies are synthetically - created «stablecoins» whose values are pegged to those of their associated assets using smart contracts and are settled in Bitcoin.

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.

A high - profile group of investors are backing an unknown startup's token sale, in an effort to evolve the «stablecoin» concept.

In today's episode: Twitter scams are back, monero goes fork crazy, and stablecoins go head - to - head.

Poloniex operates as a crypto to crypto exchange and provides an option to store value in USDT (Tether), a stablecoin that represents the US Dollar, with 1 USDT being equal to 1 USD.

Stablecoins are a revolutionary approach to digital money as they remove large price volatilities in the coins.

In addition to the crypto - based assets, Abra users who might want to avoid volatility can swap into 50 fiat currencies utilizing a technology developed by the firm called «stablecoin.»

Well, in the case of stablecoins and fiat currencies alike, pegging is more of a target than a guaranteed method of keeping a currency's value absolutely fixed.

CoinDesk A high - profile group of investors are backing an unknown startup's token sale, in an effort to evolve the «stablecoin» concept.