stablecoins | ForkLog

ForkLog 15 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 507 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 559 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 520 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 755 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 260 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 588 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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nick 40 07.05.2019

IBM’s CTO: Fault-Tolerant Quantum Computers Are Distant, But Banks Should Prepare

Recently, technology giant IBM has been actively developing blockchain solutions and even joined the International Association for Trusted Blockchain Applications (INATBA) to promote DLT technologies within the European Union.

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ForkLog 594 26.04.2019

Stablecoin Report: One Year Later

ForkLog Consulting published an English translation of the report “Stablecoins: from electronic money on blockchain to a cryptocurrency basket.” The author of the report, Dmitry Bondar, told ForkLog about what has occurred on the stablecoin market since the publication of the Russian version of the text in question.

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ForkLog 308 10.04.2019

TrustToken Publishes Third-Party Audit Report for TrueUSD Stablecoin

TrustToken, the company behind the USD-pegged stablecoin TrueUSD, has published a third-party audit report of its bank account holdings which are supporting the supply of the digital asset.

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ForkLog 124 09.04.2019

Facebook Allegedly Aiming to Raise $1 Billion for Its Crypto Project

Facebook is seeking support from venture capital firms to invest in its crypto-related project, targeting to raise as much as $1 billion. The news was revealed by NY Times reporter Nathaniel Popper in a series of twits on Monday, April 8.

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ForkLog 194 17.03.2019

SEC Advisor Says Some Stabecoins Might be Violating Securities Laws

In what could be a new turn in the discussion about the legal status of stablecoins, the U.S. Securities and Exchange Commission’s advisor for Digital Assets, Valerie Szczepanik suggested that certain types of stablecoins “could raise issues under securities laws.”

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