Tags : Stablecoin

Market

Credit Card Companies Should Offer Stablecoin Payments or Be Left

Centralized payment companies such as Visa, Mastercard and PayPal will need to adapt if they are to survive the potential demand for blockchain-based stablecoin payments, according to research firm Gartner. In a Thursday blog post, Gartner notes that, while new bitcoin offerings from such firms are helping to prepare the transition to a future payment […]Read More

Market

Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves

Tether Ltd.’s Bahamas-based bank, Deltec, said on Friday that the company’s stablecoin is fully backed by reserves, downplaying resurgent fears about the cryptocurrency’s integrity. “Every tether is backed by a reserve and their reserve is more than what is in circulation,” Gregory Pepin, Deltec Bank deputy CEO, said on the latest episode of the Unchained […]Read More

Regulation

What does the January 15 deadline hold for Tether, the

Tomorrow is an important date for the issuers of Tether, a USD-pegged stablecoin. But what does it mean? Tether, the crypto heartbeat Tether Limited, the company behind the widely-used Tether (USDT) stablecoin, will submit several documents explaining its legality to the New York Prosecutor’s Office tomorrow, Jan. 15, before the deadline expires. It is believed […]Read More