Stablecoin

Crypto.com Chain Welcomes First Settlement Agent & Stablecoin Partners

Retrieved on: 
Tuesday, July 16, 2019
Cryptocurrencies, Stablecoin, Economy, Articles

HONG KONG, July 16, 2019 /PRNewswire/ -- Crypto.com , the pioneering payments and cryptocurrency platform, announced today that it has welcomed OS Limited (OSL) as its first Settlement Agent and Paxos and TrustToken as stablecoin partners for the Crypto.com Chain.

Key Points: 
  • HONG KONG, July 16, 2019 /PRNewswire/ -- Crypto.com , the pioneering payments and cryptocurrency platform, announced today that it has welcomed OS Limited (OSL) as its first Settlement Agent and Paxos and TrustToken as stablecoin partners for the Crypto.com Chain.
  • Settlement Agents in the Crypto.com Chain network will perform settlement between Crypto.com Chain CRO Token and currencies deemed stable.
  • Stablecoin partners will provide an easy way to move out of stablecoins and will allow for merchants to get paid in supported fiat currencies.
  • Kris Marszalek, Co-founder and CEO of Crypto.com said,"Settlement Agents & Stablecoin partners will play a critical role in the Crypto.com Chain, as they will help to ensure sufficient liquidity, manage settlement risk and provide price stability for merchants.

OKLink Releases First USDK Trust Holding Report from Independent Auditor

Retrieved on: 
Wednesday, July 3, 2019
Cryptocurrencies, Stablecoin, Economy, Audit, Trust law, Trust company, Accounting, Money, Finance, Draft:About BUSD

SUMMERLIN, Nevada, July 3, 2019 /PRNewswire/ -- OKLink, a blockchain technology company, and Prime Trust, a chartered Trust Company based in Nevada announced today the first audited trust holding report for USDK, a US Dollar-backed ERC-20 stablecoin.

Key Points: 
  • SUMMERLIN, Nevada, July 3, 2019 /PRNewswire/ -- OKLink, a blockchain technology company, and Prime Trust, a chartered Trust Company based in Nevada announced today the first audited trust holding report for USDK, a US Dollar-backed ERC-20 stablecoin.
  • OKLink and Prime Trust appointed the independent audit firm Armanino , one of the top 25 largest independent accounting firms in the United States, to provide monthly audits of the USD held in trust by Prime Trust for USDK token holders, providing maximum transparency to the public.
  • USDK is a fully collateralized, US dollar stablecoin issued by Prime Trust, a US-chartered trust company, and powered by technology provided by OKLink.
  • It is an open source project that holds a 1:1 ratio of USDK to USD in reserves held by Prime Trust.

OKLink Releases First USDK Trust Holding Report from Independent Auditor

Retrieved on: 
Wednesday, July 3, 2019
Cryptocurrencies, Stablecoin, Economy, Audit, Trust law, Trust company, Accounting, Money, Finance, Draft:About BUSD

SUMMERLIN, Nev., July 3, 2019 /PRNewswire/ -- OKLink, a blockchain technology company, and Prime Trust, a chartered Trust Company based in Nevada announced today the first audited trust holding report for USDK, a US Dollar-backed ERC-20 stablecoin.

Key Points: 
  • SUMMERLIN, Nev., July 3, 2019 /PRNewswire/ -- OKLink, a blockchain technology company, and Prime Trust, a chartered Trust Company based in Nevada announced today the first audited trust holding report for USDK, a US Dollar-backed ERC-20 stablecoin.
  • OKLink and Prime Trust appointed the independent audit firm Armanino , one of the top 25 largest independent accounting firms in the United States, to provide monthly audits of the USD held in trust by Prime Trust for USDK token holders, providing maximum transparency to the public.
  • USDK is a fully collateralized, US dollar stablecoin issued by Prime Trust, a US-chartered trust company, and powered by technology provided by OKLink.
  • It is an open source project that holds a 1:1 ratio of USDK to USD in reserves held by Prime Trust.

Anchor and Michael Nye Co-host Successful Boat Party and Panel During Crypto Valley Week

Retrieved on: 
Friday, June 28, 2019
Cantons of Switzerland, Cryptocurrencies, Stablecoin, Zug

NEW YORK, June 28, 2019 /PRNewswire-PRWeb/ -- Anchor, the first non-flationary stablecoin pegged to global economic growth, and crypto influencer Michael Nye co-hosted a memorable and enlightening boat party with a panel on how to drive mass adoption of cryptocurrencies alongside the Crypto Valley Conference in Zug, Switzerland on June 25th.

Key Points: 
  • NEW YORK, June 28, 2019 /PRNewswire-PRWeb/ -- Anchor, the first non-flationary stablecoin pegged to global economic growth, and crypto influencer Michael Nye co-hosted a memorable and enlightening boat party with a panel on how to drive mass adoption of cryptocurrencies alongside the Crypto Valley Conference in Zug, Switzerland on June 25th.
  • Stay tuned to Michael Nye's Evolvement podcast to listen to the panel discussion and hear what experts had to say.
  • Regarding the event, Michael Nye, host of Evolvement Podcast expressed, "The Anchor boat experience in Zug during Crypto Valley Week was a ton of fun.
  • It was a real honor to host the panel and co-brand with Anchor, and I'm excited for the next one!"

Crypto Earn Adds USDC

Retrieved on: 
Wednesday, June 19, 2019
Cryptocurrencies, Stablecoin, Digital currency exchange, Digital currencies, Coinbase, USDC, Crypto, Financial technology

USDC is now fully supported by Crypto Earn, allowing users to enjoy up to 8% p.a.

Key Points: 
  • USDC is now fully supported by Crypto Earn, allowing users to enjoy up to 8% p.a.
  • USDC is an open-source asset-based stablecoin framework developed by CENTRE, an open source project from Circle and Coinbase, which provides a fully collateralized U.S. dollar stablecoin.
  • USDC is also added to Crypto Earn today, allowing users to Earn 8% p.a.
  • Note: For users in Singapore, USDC is currently not available for deposit into Crypto Earn.

OKEx Native Token OKB and OKLink Stablecoin USDK Listed on Bitfinex

Retrieved on: 
Wednesday, June 12, 2019
Professional services, Banking, Finance, Cryptocurrencies, Digital currencies, Exonumia, Financial technology, Bitfinex, OKEX, Cryptocurrency exchange, Stablecoin, Ethereum, ERC-20, Tether

OKEx, a world-leading cryptocurrency exchange, announced the listing of its native token, OKB, on another leading cryptocurrency exchange, Bitfinex.

Key Points: 
  • OKEx, a world-leading cryptocurrency exchange, announced the listing of its native token, OKB, on another leading cryptocurrency exchange, Bitfinex.
  • Bitfinex will also list USDK, which is a stablecoin co-developed by OKLink, a blockchain technology company, and Prime Trust, a registered Trust Company based in Nevada, US ( Read more ).
  • OKB, the native token of OKEx, is currently operating in the Ethereum Network (ERC20).
  • OKB being listed on Bitfinex is just the beginning, it marks the recognition of our native token and platform from our peers, and we will continue to explore further opportunities in all-kinds of collaboration with other industry players.

Crypto.com Lists Binance Launchpad Tokens

Retrieved on: 
Monday, June 10, 2019
Cryptocurrencies, Digital currencies, Money, Economy, Binance, Litecoin, Stablecoin, Bitcoin, Blockchain, Non-fungible token, Draft:Lykke

These 4 tokens join a growing list of 31 cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.

Key Points: 
  • These 4 tokens join a growing list of 31 cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.
  • Celer Network is an Internet-scale, trust-free, and privacy-preserving platform where users can quickly build, operate, and use highly scalable dApps.
  • Binance Launchpad is an exclusive token launch platform of Binance that helps transformative blockchain startups raise funds to develop products that wants to drive cryptocurrency adoption.
  • Harmony helps businesses build marketplaces of fungible tokens (such as energy credits and loyalty points) and non-fungible assets (such as game collectibles and real estate).

Crypto.com Lists Binance Launchpad Tokens

Retrieved on: 
Monday, June 10, 2019
Cryptocurrencies, Digital currencies, Money, Economy, Binance, Bitcoin, Stablecoin, Litecoin, Blockchain, Draft:Lykke

HONG KONG, June 10, 2019 /PRNewswire/ -- Crypto.com , the pioneering payments and cryptocurrency platform, announced today that it has listed 4 Binance Launchpad Tokens to its Wallet & Card App, including Matic Network's MATIC, Celer Network's CELR, Fetch.AI's FET, and Harmony's ONE.

Key Points: 
  • HONG KONG, June 10, 2019 /PRNewswire/ -- Crypto.com , the pioneering payments and cryptocurrency platform, announced today that it has listed 4 Binance Launchpad Tokens to its Wallet & Card App, including Matic Network's MATIC, Celer Network's CELR, Fetch.AI's FET, and Harmony's ONE.
  • These 4 tokens join a growing list of 31 cryptocurrencies and stablecoins on the Crypto.com platform, such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.
  • Celer Network is an Internet-scale, trust-free, and privacy-preserving platform where users can quickly build, operate, and use highly scalable dApps.
  • Binance Launchpad is an exclusive token launch platform of Binance that helps transformative blockchain startups raise funds to develop products that wants to drive cryptocurrency adoption.

Anchor Stablecoin and Michael Nye Co-host Panel Discussion and Networking Boat Party on Sidelines of Crypto Valley Conference

Retrieved on: 
Friday, June 7, 2019
Cryptocurrencies, Decentralization, Articles, Computing, Technology, Stablecoin, Blockchain, Tether

Anchor is a stablecoin cryptocurrency pegged to a non-flationary, algorithmic index that reflects the long-term growth of the global economy.

Key Points: 
  • Anchor is a stablecoin cryptocurrency pegged to a non-flationary, algorithmic index that reflects the long-term growth of the global economy.
  • Anchor's blockchain developers have built solutions for several large blockchain firms, including Celsius Network and Tether.
  • Michael Nye is a content creator and educator in the blockchain and cryptocurrency world.
  • His intention is to create educational content to allow newcomers to understand and entry into the industry easier.

OKEx Lists USDK, Compliant USD-Pegged Stablecoin by OKLink and Prime Trust

Retrieved on: 
Monday, June 3, 2019
Technology, Other Technology, Professional services, Finance, Cryptocurrencies, Decentralization, Articles, Stablecoin, Digital currencies, Alternative currencies, OKEX, Cryptocurrency exchange, Blockchain

OKEx, a world-leading cryptocurrency exchange, today announced its new listing of USDK, a US Dollar-pegged stablecoin co-launched by its strategic partner OKLink and Prime Trust.

Key Points: 
  • OKEx, a world-leading cryptocurrency exchange, today announced its new listing of USDK, a US Dollar-pegged stablecoin co-launched by its strategic partner OKLink and Prime Trust.
  • View the full release here: https://www.businesswire.com/news/home/20190603005420/en/
    Compliant stablecoin USDK is now listed on OKEx fiat-to-token (C2C) and spot market (Graphic: Business Wire)
    USDK is a ERC-20 stablecoin co-developed by OKLink, a blockchain technology company, and Prime Trust, a US-licensed trust company.
  • Every USDK is backed by 1 USD from the Prime Trust Special Account.
  • To celebrate the listing, OKEx will launch a 2-day campaign together with OKLink, offering a 1% conversion premium exclusively to OKExs users.