stablecoins | ForkLog

ForkLog 6 02.09.2020

MonolithosDAO sells 138,000 MDT tokens in the first phase of the token sale

On 10 August, the DeFi project MonolithosDAO, which is developing the decentralised ruble-stablecoin MCR, completed the first phase of the MDT governance token sale. During the presale, investors bought 138,000 MDT at a price of $0.40 per token.

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ForkLog 13 27.08.2020

Swiss online retail giant Galaxus becomes first to accept payments in digital Swiss francs

The cryptocurrency bank Sygnum announced the first transaction using the digital version of the Swiss franc in online shopping. The recipient of the payment was the country’s leading player in the industry, Galaxus.

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ForkLog 24 24.08.2020

China’s State Blockchain Platform to Add Stablecoin Support

The Chinese Infrastructure Blockchain Platform (BSN) will integrate support for stablecoins in 2021. In an interview with Cointelegraph, Yifan He, head of Red Date Technology, which is responsible for the platform's international development, said.

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ForkLog 8 12.08.2020

Arcane Research notes shift in investor interest from Bitcoin to altcoins

Bitcoin's repeated unsuccessful test of the $12,000 level was accompanied by a contraction in trading volumes. Against this backdrop, some altcoins continued their rally, according to Arcane Research.

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ForkLog 14 10.08.2020

DAI market capitalization surpasses $400 million for the first time

The circulating supply of the DeFi-stablecoin DAI exceeded 400 million coins. In the last 24 hours, the issuer minted 17 million tokens.

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ForkLog 9 07.08.2020

British crypto-payments group to enable USDC payments

British BCB Group announced a partnership with Circle, the issuer of the USD Coin (USDC), enabling the asset to be used for payments, clearing and custody.

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ForkLog 13 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 8 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 8 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 5 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 11 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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